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$475,000
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Property Description
Charming & comfortable home on large corner lot. Very desirable drive-up & enhanced by large mature trees. Nicely updated kitchen featuring granite countertops & stainless steel appliances. Beautiful wood floors throughout & multiple spacious sitting areas. House hacking is POSSIBLE with this home! One bed, one bath ADU with living area, functional kitchen, and private entrance. This could be rented to a college student or have a family member live with you while they feel like they are on their own. Rare opportunity in highly desirable Richardson neighborhood right down the street from Woodhaven Grove Park. The owner has rented the home out through AirBnB on a number of occasions with ease, making this a great option for multiple strategies.
Full Property Details
Full Property Details for 531 Summit Dr
General
- Price: $475,000
- Taxes: $8,969
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21130851
- Updated: 12/11/2025
- Added to Site: 36 day(s) ago
Interior
- Interior Features: Built-in Features, Double Vanity, Eat-in Kitchen, High Speed Internet, Pantry, Cable TV, Walk-In Closet(s)
- Appliances: Built-In Gas Range, Dryer, Gas Cooktop, Disposal, Gas Oven, Refrigerator, Washer
- Flooring: Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Garage
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Concrete
Location
- County: Dallas
- Subdivision: Highland Estates
- Driving Directions: Use GPS.
School Information
- Elem School District: Richardson ISD
- Midd School District: Richardson ISD
- High School District: Richardson ISD
- Elementary School: Richardson Terrace
- Middle School: Lake Highlands
- High School: Berkner
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Roof: Composition
- Living Area: 2,051 Sq. Ft.
- Year Built: 1963
Lot Features
- Lot Size (Acres): 0.257
- Lot Size (Sq. Ft.): 11,194.92
- Fencing (Description): Back Yard, Fenced, Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $8,969
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Legal Description: HIGHLAND ESTATES 2 BLK O LT 12
- Exclusions: Items in garage, construction equipment outside, van, personal belingings.
- Property ID: 42093500150120000
- Block: O
- Lot Number: 12
Listed by Agency Dallas Park Cities, LLC, Brandon Kahla
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Schools
Schools serving 531 Summit Dr
School District:Richardson Independent School District
| Name | Grades | Distance |
|---|---|---|
Richardson Terrace Elementary School 300 North Dorothy Drive, Richardson, TX 75081 | PK-6 | 0.9 mi |
Apollo J High School 1600 Apollo Road, Richardson, TX 75081 | 7-8 | 1.8 mi |
Berkner High School 1600 East Spring Valley Road, Richardson, TX 75081 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 531 Summit Dr
Date
Details
Price
Change
Source
12/11/2025
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 531 Summit Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,969
-3%
$411,330
—
2024
$9,252
7%
$411,330
7%
2023
$8,687
-8%
$386,210
—
2022
$9,482
148%
$386,210
21%
2021
$3,820
-1%
$320,400
—
2020
$3,863
-53%
$320,400
6%
2019
$8,151
-4%
$302,990
—
2018
$8,489
23%
$302,990
18%
2017
$6,883
25%
$257,610
25%
2016
$5,517
29%
$206,630
27%
2015
$4,277
7%
$162,140
7%
2014
$3,981
—
$151,430
—
2013
$3,966
—
$151,430
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 531 Summit Dr
531 Summit Drive, Richardson, TX 75081 (MLS# 21130851) is a Single Family property with 4 bedrooms and 3 full bathrooms. 531 Summit Drive is currently listed for $475,000 and was received on December 11, 2025. Want to learn more about 531 Summit Drive? Do you have questions about finding other Single Family real estate for sale in Richardson? You can browse all Richardson real estate or contact a Coldwell Banker agent to request more information.

