See Home Value
$579,000
● House - Off Market

5401 Palace Drive

Richardson, TX 75082
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,876 Ft²
$2,977
Est. Monthly
$35
HOA / Fees

About This Property

Welcome to a beautifully maintained four-bedroom residence in Richardson that seamlessly combines modern energy efficiency with comfortable everyday living. Equipped with solar panels, this home offers the dual benefit of reduced energy costs and a smaller environmental footprint, making it a smart investment for both your wallet and the future. Step inside to find a well-designed layout featuring two full bathrooms and one half bath, ensuring plenty of convenience for busy households. A dedicated office space provides the ideal setting for remote work or quiet study, offering a functional room that adapts to your professional needs without sacrificing personal living areas. The four generously sized bedrooms deliver comfortable accommodations for the entire family. The spacious primary bedroom stands out as a true personal retreat, offering a peaceful atmosphere perfect for recharging after a long day. Each additional bedroom provides flexible space for children, guests, or creative pursuits. Living areas flow naturally throughout the home, creating a welcoming environment suited for both entertaining and relaxed evenings. Natural light fills the interior through well-placed windows, enhancing the warm character and inviting details found in every room. The solar panel system deserves special attention, as it represents a meaningful upgrade that continues to deliver value month after month. Lower utility bills and sustainable energy production make this home a standout choice in today's market. This Richardson gem offers an exceptional opportunity for buyers seeking a move-in-ready home with forward-thinking features. Schedule your private tour today and experience everything this property has to offer.
Unit Size
2,876 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$208
Property Type
House
Property Taxes
-
HOA Dues
$35
Year Built
1997

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Last updated: 4 months ago (NTREIS #21257366)

Price History

Date / Event Date Event Price
Jun 16, 2026 Sold
Sold
May 20, 2026 In contract -
In contract
May 1, 2026 Listed by Bray Real Estate Group- Dallas $599,000
Listed by Bray Real Estate Group- Dallas
May 29, 2025 Sold
Sold
Mar 18, 2025 Listed by Century 21 Mike Bowman, Inc. $599,750
Listed by Century 21 Mike Bowman, Inc.
Stunning Energy-Efficient Home in Plano ISD! This beautifully updated 4-bedroom, 2.5-bathroom, 3-car garage home offers spacious living, modern upgrades, & the added benefit of solar panels for significant energy savings! Home features a bright and open layout, pre-engineered hardwood floors that are located downstairs except for wet areas, which feature tile flooring. Fresh neutral paint has been updated throughout main living areas, dining room, kitchen, office, primary bedroom, primary bathroom, upstairs playroom, & upstairs bathroom. Fully updated staircase that features wood flooring & wrought iron handrails with an increased height for added safety. Updated living room with fireplace, wood mantle & decorative feature wall. Kitchen updates include features pre-engineered hardwood floors, repainted cabinet fronts, stainless steel appliances with gas convection oven, & modern finishes for a fresh, contemporary feel. Primary suite (located on the 1st level & is separate from all secondary bedrooms) features pre-engineered hardwood floors, ceiling fan, great natural light, fresh paint, & sitting area. En suite bath includes quartz-style countertops, dual sinks, a large separate shower, garden tub, separate toilet room, medicine cabinet, tile floors, and a spacious walk-in closet. All Secondary bedrooms feature neutral paint, carpet, ceiling fan, window treatments, & large walk-in closets. Foundation work was completed in 2019 and comes with a transferable warranty. Zoned to highly rated Plano ISD schools, including Schell Elementary
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 651
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 139
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,534
  • Total Building Area: 3,527
  • Gross Building Area: 3,567
  • Building Area: 2,876
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,876
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARRINGTON ESTATES PHASE III (CRC)
  • Land Acres: 0000000288
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CARRINGTON ESTATES PHASE III (CRC), BLK E, LOT 21

Neighborhood

  • School District Name: Plano Independent School District
  • School Tax School District: PLANO ISD
  • Census Tract: 031333

Zoning

  • Zoning: SFR

Geography

  • Assessors Map Reference: 672-B
  • District: CRC
  • Parcel: R-3125-00E-0210-1
  • Block: E
  • Lot: 21
  • Municipality: RICHARDSON CITY
  • Latitude: 33.0046
  • Longitude: -96.6221

    Address

  • Full Address: 5401 Palace Dr
  • Address - House Number: 5401
  • Address - Street Name: Palace
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Richardson
  • Carrier Code: R004
  • 4-Digit Zip Code: 2701
  • Zip Code: 75082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $796,083
  • Tax Rate Code Area: SPL

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 542,010
  • High Value: 657,606
  • Low Value: 426,414

    Market Valuation

  • Market Total Value: $476,155
  • Market Land Value: $120,175
  • Market Improvement Value: $355,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $425,858
  • Assessed Land Value: $120,175
  • Assessed Improvements Value: $355,980

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2019
  • Current Sale Recording Date: Jun 19, 2019
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20190619000706880
  • Previous Sale Recording Date: Jun 25, 2014
  • Previous Sale Contract Date: Jun 24, 2014
  • Previous Sale Amount: $292,100
  • Previous Sale Document Type: 71
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 Carrington Estates


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Frequently Asked Questions

When was property at 5401 Palace Drive built and last sold?
The property at 5401 Palace Drive was built in 1997 and last sold on Jun 18, 2019 for $328,400.
How much is this home worth?
The estimated value of the home located at 5401 Palace Drive is $602,995.
What are some comparable homes to 5401 Palace Drive?
There are currently no comparable homes to 5401 Palace Drive.