531 Summit Dr, Richardson, TX 75081
SOLD
APR 14, 2026

531 Summit Dr
Richardson, TX 75081

Highland Terrace
  • 4 Beds
  • 3 Baths
  • 2,051 sqft (on 0.26 acres)
4 Beds
3 Baths
2,051 sqft
(on 0.26 acres)

Local Information

  • Map ViewExplore the area around 531 Summit Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.
531 Summit Dr, Richardson, TX 75081 is a 4 bedroom, 3 bathroom, 2,051 sqft single-family home in Highland Terrace, built in 1963. It last sold for the $475,000 asking price on Apr 14, 2026. It is currently off market. The Trulia Estimate is $448,900, with a rent estimate of $2,998/month.

Home Highlights

Parking
2 Car Garage
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 531 Summit Dr

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2051 Square Feet
Appliances & Utilities
Utilities: Sewer Available, Water Available, Cable AvailableAppliances: Built-In Gas Range, Dryer, Gas Cooktop, Disposal, Gas Oven, Refrigerator, WasherDisposalDryerLaundry: In GarageRefrigeratorWasher
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Hardwood, Tile
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One HalfFloors: Hardwood, Tile

Exterior Features

Exterior Home Features
Roof: CompositionFencing: Back Yard, Fenced, Wood
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Additional Parking,Concrete
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 94

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Detached
Building
Not Attached Property
Property Information
Not Included in Sale: Items in garage, construction equipment outside, van, personal belingings.Parcel Number: 42093500150120000

Price & Status

Price
List Price: $475,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: RichardsonCommunity: Highland Estates
School Information
Elementary School: Richardson TerraceElementary School District: Richardson ISDJr High / Middle School: Lake HighlandsJr High / Middle School District: Richardson ISDHigh School: BerknerHigh School District: Richardson ISD

HOA

No HOA

Lot Information

Lot Area: 0.26 acres

Offer

Listing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan

Miscellaneous

Mls Number: 21130851Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48113-N-42093500150120000-R-N
Last check for updates: about 14 hours ago
Listed by Brandon Kahla 0748951
Agency Dallas Park Cities, LLC, (336) 743-0336
Bought with: Brandon Kahla, Agency Dallas Park Cities, LLC, (336) 743-0336
Source: NTREIS, MLS#21130851

Price History for 531 Summit Dr

DatePriceEventSource
04/14/2026--Sold
NTREIS #21130851
04/08/2026$475,000PendingNTREIS #21130851
03/23/2026$475,000ContingentNTREIS #21130851
12/11/2025$475,000Listed For SaleNTREIS #21130851
10/15/2021--Sold
NTREIS #14658481
05/21/2014--Sold
N/A
04/06/2014$189,900Listed For SaleAgent Provided

Market trends in Richardson

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$455K
$3.48KMoM
Sale-to-List Price
99.0%
0.5%MoM
Price per sq ft
$226
$7MoM
Available listings
415
25MoM
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Property Tax and Assessment

Year2025
Tax$4,427
Assessment$411,330
Home facts updated by county records

Comparable Sales for 531 Summit Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
549 Summit Dr, Richardson, TX
0.14
Single-Family Home
-
08/26/25
4
2.5
2,171
531 E Spring Valley Rd, Richardson, TX
0.09
Single-Family Home
-
08/15/25
3
2.5
2,536
529 Summit Dr, Richardson, TX
0.01
Single-Family Home
-
04/21/26
3
2
1,698
605 Spring Valley Rd, Richardson, TX
0.25
Single-Family Home
-
05/28/26
4
2.5
2,339
526 Pittman St, Richardson, TX
0.22
Single-Family Home
-
02/11/26
4
3
2,618
609 E Spring Valley Rd, Richardson, TX
0.28
Single-Family Home
-
12/29/25
4
2.5
2,291
534 Summit Dr, Richardson, TX
0.04
Single-Family Home
-
04/03/26
3
2
1,428
515 Park Ln, Richardson, TX
0.16
Single-Family Home
-
08/06/25
3
2
1,965
556 Summit Dr, Richardson, TX
0.17
Single-Family Home
-
12/03/25
3
2
1,769

Nearby homes

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Assigned Schools

These are the assigned schools for 531 Summit Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Highland Terrace
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Highland Terrace

At least 42 Trulia users voted on each feature.

  • 90 % Say parking is easy

  • 88 % Say yards are well-kept

  • 86 % Say there are sidewalks

  • 83 % Say it's dog friendly

  • 79 % Say car is needed

  • 74 % Say it's walkable to grocery stores

  • 70 % Say there's holiday spirit

  • 70 % Say they plan to stay for at least 5 years

  • 65 % Say it's quiet

  • 63 % Say people would walk alone at night

  • 56 % Say kids play outside

  • 54 % Say it's walkable to restaurants

  • 49 % Say streets are well-lit

  • 47 % Say neighbors are friendly

  • 37 % Say there's wildlife

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Angela
    "Cottonwood arts festival, free recycling center, dfw china town, packages are safe, close to downtown Dallas "
    0
    Flag
  • Kristie
    "I love my neighborhood. Our street is well lit at night, and there is always a safe place to walk my dogs."
    1
    Flag
  • Kristie
    "This neighborhood is clean and everyone is friendly! Everything you might need is close by. There are lots of people always out walking. "
    2
    Flag
  • Teresaodoc283
    "its beautiful and it is a very safe place to live. the people are nice and friendly. Neighbors help each other when needed. "
    3
    Flag
  • Jonna V.
    "I live very close to the entrance of Highway 75 South where I commute further into Dallas for work; it's very convenient and I can get to work in about 10 minutes without traffic."
    0
    Flag
  • Shmeka C.
    "neighborhood has great family feel always something going on from baseball to basketball even soccer always something to do with the kiddos "
    0
    Flag
  • Kristie
    "I do not have a daily commute, but in my outings, my experience has been that public transportation downtown is very simple. The convenience of Spring Valley Station is unbeatable."
    1
    Flag
  • Emh21
    "Fenced yards so dogs won’t wander. Everyone is friendly and have no problems with dogs. We’ve never had a problem with stray dogs in the area. "
    0
    Flag
  • Cristy Keener
    "I have lived in this neighborhood for 10 years. I love the diversity, friendliness, and the sense of community it offers."
    6
    Flag
  • Davina k.
    "I love the DFW China town across the street! Great well known and highly reviewed restaurants. I also love he jogging trail!"
    0
    Flag
  • Davina k.
    "DFW China town is right across the street. Very easy access to the highway, and I love the jogging trail. "
    0
    Flag
  • Joseph L. N.
    "If you are looking for convenient, not have to drive an hour in any one direction, have authentic food all around you, this is the area for you. This area can be gentrify at any time and the value would go through the roof. It is a great area that has yet to be discover by the developers, but eventually will."
    0
    Flag
  • erinjohnson15
    "wonderful area, huge mix of people and ages, beautiful trees, great schools, we love it!"
    0
    Flag

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Off Market Homes Near 531 Summit Dr

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