See Home Value
$415,000
● House - Off Market

513 Summit Drive

Richardson, TX 75081
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,112 Ft²
$2,731
Est. Monthly
6.65%
Cap Rate

About This Property

MOTIVATED Seller!! This beautifully maintained home is ready to move in NOW! Fresh paint and all NEW carpet. This move in ready home is situated on a huge third of an acre lot, 4 bedrooms, formal living & dining area, a large comfortable family room with built in cabinets adding functionality & charm. The large galley kitchen with tons of counter space & cabinets connects to the formal dining area & also has an eat in breakfast area. There is a large laundry room with built in cabinets & a huge pantry! The primary bedroom is generously sized, has 2 closets, a vanity area, & an ensuite bath. The oversized garage with built in workstation & shelving is another uncommon feature, giving you a ton of extra storage space. The backyard features an extended patio & pergola ideal for enjoying time outside & entertaining! The large yard provides the perfect canvas & space to design your own outdoor paradise! Close to major highways, shopping, restaurants & newly revitalized downtown district!
Unit Size
2,112 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$201
Property Type
House
Property Taxes
$644
HOA Dues
-
Year Built
1967

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Cap Rate Calculator

Last updated: 2 years ago (NTREIS #20732805)

Price History

Date / Event Date Event Price
Nov 21, 2024 Sold
Sold
Oct 18, 2024 In contract -
In contract
Oct 14, 2024 Price Decreased $425,000
↓ $24K (5.4%)
Price Decreased
Oct 1, 2024 Price Decreased $449,000
↓ $10K (2.2%)
Price Decreased
Sep 19, 2024 Listed by Keller Williams Central $459,000
Listed by Keller Williams Central
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 550
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,668
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 2,662
  • Building Area: 2,112
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,112
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND ESTATES 2
  • Land Acres: 0000000337
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: HIGHLAND ESTATES 2 BLK O LT 21 & 36 FT LT 20 INT202000133355 DD05142020 CO-DC 0935001502100 3CR09350015

Neighborhood

  • School District Name: Richardson Independent School District
  • School Tax School District: RICHARDSON ISD
  • Census Tract: 019040

Zoning

  • Zoning: Z272

Geography

  • Assessors Map Reference: 420935001502100
  • Account Number: 420935001502100
  • Subdivision Tract Number: 9350
  • Parcel: 42-09350-015-021-0000
  • Block: O
  • Lot: 21
  • Municipality: RICHARDSON
  • Latitude: 32.9392
  • Longitude: -96.7234

    Address

  • Full Address: 513 Summit Dr
  • Address - House Number: 513
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Richardson
  • Carrier Code: C008
  • 4-Digit Zip Code: 5121
  • Zip Code: 75081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $619,582
  • Tax Rate Code Area: RS

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 69
  • Final Value: 468,680
  • High Value: 572,129
  • Low Value: 365,230

    Market Valuation

  • Market Total Value: $343,290
  • Market Land Value: $95,000
  • Market Improvement Value: $248,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,290
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $248,290

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: Jun 02, 2020
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202000133355
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Highland Terrace


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Frequently Asked Questions

When was property at 513 Summit Drive built and last sold?
The property at 513 Summit Drive was built in 1967 and last sold on May 14, 2020 for $333,400.
How much is this home worth?
The estimated value of the home located at 513 Summit Drive is $434,217.
What are some comparable homes to 513 Summit Drive?
There are currently no comparable homes to 513 Summit Drive.