When was property at 508 Salem Drive built and last sold?

The property at 508 Salem Drive was built in 1961 and last sold on Aug 24, 2023 for $538,051.

How much is this home worth?

The estimated value of the home located at 508 Salem Drive is $439,852.

What are some comparable homes to 508 Salem Drive?

There are currently no comparable homes to 508 Salem Drive.

Richardson

75080

Northrich

508 Salem Drive

Sold on Aug 31, 2026

Map

$435,000

● House - Off Market

508 Salem Drive

Richardson, TX 75080

3 Beds

2 Baths

1,434 Ft²

$2,136

Est. Monthly

About This Property

Just Listed! Welcome home to this beautifully remodeled single-story residence featuring 3 bedrooms and 2 bathrooms. Thoughtfully updated with modern finishes and timeless style, this home offers a spacious open-concept floor plan centered around a cozy fireplace and luxury vinyl wood flooring throughout. The stunning kitchen is designed for both everyday living and entertaining, featuring a gas range, floating shelves, designer tile accents, and a convenient mudroom for added functionality. Step outside to enjoy a charming private courtyard and an expansive backyard with a side-entry patio and plenty of grassy space, perfect for relaxing, entertaining, or play. This home also offers exceptional peace of mind with major system updates completed in 2020, including all-new PVC water and sewer lines, a new roof, HVAC system, complete electrical rewire with upgraded panel, tankless water heater, and new privacy fence with gate. Stylish updates, quality improvements, and inviting indoor and outdoor living spaces, this move-in-ready home is one you won't want to miss!

Unit Size

1,434 Ft²

Days on Market

Land Size

0.19 acres

Price per sqft

$303

Property Type

House

Property Taxes

HOA Dues

Year Built

1961

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (NTREIS #21336744)

Price History

Date / Event	Date	Event
Aug 31, 2026	Sold	Premium
Sold
Aug 10, 2026	In contract	-
In contract
Jul 20, 2026	Listed by Carrasco Real Estate Co.	$435,000
Listed by Carrasco Real Estate Co.
Aug 24, 2023	Sold	Premium
Sold
Jul 20, 2023	Listed by 24:15 Realty	$449,500
Listed by 24:15 Realty

	Welcome to this newly remodeled 3-bedroom, 2-bathroom family home in the heart of Richardson. Recently renovated in 2020, this property boasts a wide-open floor plan complemented by a cozy fireplace and elegant vinyl wood floors. Designer tiles add a touch of sophistication throughout. The kitchen features a gas range, floating shelves, and a convenient mud room. Step outside to discover a delightful courtyard and large backyard, perfect for outdoor relaxation. Significant updates have been made, including replacing water and sewer lines with PVC (an investment of over $20,000) and a new roof, HVAC system, complete electrical rewire plus panel, tankless water heater, and fence, all completed in 2020. The home also offers a good-sized yard with a side entry, patio, and a generous grass area, providing ample space for various activities.
Sep 16, 2020	Sold	Premium
Sold
Aug 4, 2020	Listed by EXP REALTY	$339,000
Listed by EXP REALTY

	Newly remodeled and taken down to the studs!! A wonderful 3-2-2 family home with wide open floor plan, fireplace, vinyl wood floors, designer tiles, gas range, floating shelves, mud room, court yard area, and custom landscaping all in the heart of Richardson. Water lines and sewer lines all replaced to PVC $20,000+, roof, HVAC, full electrical rewire plus panel, tankless water heater and fence all replaced in 2020. . Good yard size with side entry, patio and large grass area. Full reports available with sellers disclosure.

Property Highlights

Garage

Fireplace

Building Info

Overview

General

Year Built: 1961

Effective Year Built: 1998
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 1
Building Quality: 0
Construction Type: 6
Building Style: 0
Exterior Walls Type: 3
Interior Walls Type: 0
Roof Shape Type: 8
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 1
Garage Square Area: 506
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,027

Lot Size Depth Feet: 1,250
Lot Size Frontage Feet: 650
Total Building Area: 1,940
Building Area: 1,434
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,434
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: NORTHRICH WEST 2
Land Acres: 0000000184
Standard Land Use Code: 1001
County Land Use Code: A11
State Land Use Code: A11
Legal Description 1: NORTHRICH WEST 2 LT 0005 INT202000253250 DD09162020 CO-DC 1175000200500 3CR11750002

Neighborhood

School District Name: Richardson Independent School District

School Tax School District: RICHARDSON ISD
Census Tract: 019211

Zoning

Zoning: Z272

Geography

Assessors Map Reference: 421175000200500

Account Number: 421175000200500
Subdivision Tract Number: 11750
Parcel: 42-11750-002-005-0000
Block: 2
Lot: 0005
Municipality: RICHARDSON
Latitude: 32.9705
Longitude: -96.7354

Address

Full Address: 508 Salem Dr

Address - House Number: 508
Address - Street Name: Salem
Address - Suffix Type: Dr
State: TX
City Name: Richardson
Carrier Code: C072
4-Digit Zip Code: 3351
Zip Code: 75080

Valuation

Tax

Tax Year: 2022

Tax Amount: $736,508
Initial Tax Delinquent Year: 2014
Tax Rate Code Area: RS

Appraisal Valuation

Standard Deviation: 0.224

Valuation Date: Nov 15, 2023
Confidence Score: 69
Final Value: 452,750
High Value: 554,199
Low Value: 351,302

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $357,410

Market Land Value: $70,000
Market Improvement Value: $287,410

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $357,410
Assessed Land Value: $70,000
Assessed Improvements Value: $287,410

Sales

Current Sale Contract Date: Aug 24, 2023

Current Sale Recording Date: Aug 25, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 171863
Previous Sale Recording Date: Sep 17, 2020
Previous Sale Contract Date: Sep 16, 2020
Previous Sale Amount: $408,400
Previous Sale Document Type: 70

Last Sale Mortgage

First Mortgage Lender:

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Previous Mortgages

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Northrich

Stats & Trends

Median Asking:

$394,750

Sale Price/ft²

$258

Below Asking

0.02%

Average Days on Market

Average Home Size

1522 ft²

Average Home Age

63.4 years

Currently For Sale

17 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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2 Baths
1,298 ft²

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Unit for rent at 438 Daniel Street, Richardson, TX, 75080

$1,995 /mo

3 Beds
1 Bath
1,336 ft²

438 Daniel Street, Richardson, TX, 75080 Listing by Dustin Tabbert

Unit for rent at 318 Hilltop Avenue, Richardson, TX, 75081

$1,500 /mo

2 Beds
1 Bath
800 ft²

318 Hilltop Avenue #B, Richardson, TX, 75081 Listing by Marilyn Lair

Rentals Near You

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Listed by: Jennifer Davis, Carrasco Real Estate Co.
Last Updated: 3 months ago
Data Source: NTREIS MLS, MLS# 21336744
Details provided by NTREIS and may not match the public record

508 Salem Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Northrich

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions