540 Summit Dr, Richardson, TX 75081
OFF MARKET

$421,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,888 sqft

540 Summit Dr, Richardson, TX 75081

Highland Terrace
Est. Refi. Payment $2,819/mo*
Refinance Your Home

Home Value

Trulia Estimate
$421K
Since last month
Decreased$900 (-0.2%)
Since last year
Increased$26K (+6.5%)
Since last sale
Increased$114K (+37.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +88% in the last 10 years
MonthEstimated value
2026
August 2026$421K
July 2026$422K
June 2026$425K
May 2026$432K
April 2026$423K
March 2026$408K
February 2026$398K
January 2026$394K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Single-Family Home
-
04/03/26
3
2
1,428
0.08
Single-Family Home
-
04/21/26
3
2
1,698
0.11
Single-Family Home
-
12/03/25
3
2
1,769
0.23
Single-Family Home
-
03/27/26
3
2
1,703
0.07
Single-Family Home
-
04/14/26
4
3
2,051
0.29
Single-Family Home
-
03/09/26
3
2
1,848
0.31
Single-Family Home
-
02/09/26
4
2
2,029
0.42
Single-Family Home
-
08/07/26
3
2
1,930
0.21
Single-Family Home
-
05/28/26
4
2.5
2,339
0.23
Single-Family Home
-
12/29/25
4
2.5
2,291

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$338,400
3
2
1,453
Off Market
0.08
$381,900
3
2
1,649
Off Market
0.04
-
3
2
1,428
Recently Sold
0.09
$463,700
4
2.5
2,171
Off Market
0.07
-
4
3
2,051
Recently Sold
0.10
$513,500
3
2.5
2,536
Off Market
0.08
-
3
2
1,698
Recently Sold
0.11
-
3
2
1,769
Recently Sold
0.11
$277,100
3
2
1,648
Off Market
0.15
$450,000
4
2
2,485
For Sale
0.17
$599,900
6
5
3,440
For Sale

Local Information

  • Map ViewExplore the area around 540 Summit Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1960
Living Area
1,888 sqft
Price/Sqft
$223
Parking
2 Car Garage

About this House

Welcome to this beautifully updated residence situated on a spacious exterior lot with large workshop in the heart of Richardson. As you step inside, stunning hardwood flooring greets you leading you to an open & inviting living area.Big windows offer picturesque views of the yard & fill the home with natural light.The chef in the family will appreciate the elegantly designed kitchen.Adjacent to the family room is a flex space, perfect for a home office or formal dining. The generously sized laundry room offers ample space for built-in cabinets & accommodates a second fridge or freezer.The main bedroom & two additional bedrooms are found on the opposite side of the entry.Outside is a large yard with big beautiful trees & workshop.Plenty of room for everyone to enjoy the nuances & convenient features with this home. Foundation repair is transferable. Great home near the newly renovated park on the East entrance to neighborhood.
540 Summit Dr, Richardson, TX 75081 is a 3 bedroom, 2 bathroom, 1,888 sqft single-family home in Highland Terrace, built in 1960. It last sold for the $415,000 asking price on Aug 8, 2024. More recently, it was listed as a rental in January 2014 with an asking price of $1,450 per month. That rental listing was removed on October 10, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $421,000, with a rent estimate of $2,439/month.
Last check for updates: about 13 hours ago
Listed by Amy Harris 0617603, (214) 471-7309
Coldwell Banker Apex, REALTORS, (972) 562-5400
Bought with: Lisa Wiggins, Coldwell Banker Apex, Realtors, (972) 829-4450
Source: NTREIS, MLS#20652488

Home Details for 540 Summit Dr

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom, Family Room, Kitchen, Living Room, Utility Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1888 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Separate Meters, Water AvailableAppliances: Dishwasher, Disposal, MicrowaveDishwasherDisposalLaundry: Washer Hookup,Electric Dryer Hookup,Laundry in Utility Room,StackedMicrowave
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Ceramic Tile, Wood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Ceramic Tile, Wood

Exterior Features

Exterior Home Features
Roof: CompositionFencing: WoodExterior: Other
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: On Street
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 11

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Traditional,Detached
Building
Construction Materials: BrickNot Attached Property
Property Information
Parcel Number: 42093500170160000

Price & Status

Price
List Price: $415,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: RichardsonCommunity: Highland Estates
School Information
Elementary School: RichlandElementary School District: Richardson ISDJr High / Middle School District: Richardson ISDHigh School: RichardsonHigh School District: Richardson ISD

Community

Community Features: Sidewalks, Curbs

HOA

No HOA

Lot Information

Lot Area: 9452.52 sqft

Offer

Listing Terms: Cash, Conventional, FHA

Miscellaneous

Mls Number: 20652488Living Area Range Units: Square FeetAttribution Contact: 214-471-7309Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48113-N-42093500170160000-R-N

Additional Information

SidewalksCurbs

Price and Tax history

DateEventPrice
Aug 8, 2024
Source: NTREIS #20652488
Sold
--
Aug 8, 2024
Source: Coldwell Banker Apex, Realtors #20652488
PendingToActive
$415,000
Jul 23, 2024
Source: Coldwell Banker Apex, Realtors #20652488
Pending
$415,000
Jul 23, 2024
Source: NTREIS #20652488
Contingent
$415,000
Jul 11, 2024
Source: NTREIS #20652488
Listed For Sale
$415,000

Market trends in Richardson

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$464K
$8.48K
MoM
Sale-to-List Price
99.0%
Price per sq ft
$225
$0
MoM
Available listings
429
12
MoM

Neighborhood Overview

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 "
  • Kristie
    "I love my neighborhood. Our street is well lit at night, and there is always a safe place to walk my dogs."
  • Kristie
    "This neighborhood is clean and everyone is friendly! Everything you might need is close by. There are lots of people always out walking. "
  • Teresaodoc283
    "its beautiful and it is a very safe place to live. the people are nice and friendly. Neighbors help each other when needed. "
  • 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."
  • Shmeka C.
    "neighborhood has great family feel always something going on from baseball to basketball even soccer always something to do with the kiddos "
  • 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."
  • Emh21
    "Fenced yards so dogs wonโ€™t wander. Everyone is friendly and have no problems with dogs. Weโ€™ve never had a problem with stray dogs in the area. "
  • Cristy Keener
    "I have lived in this neighborhood for 10 years. I love the diversity, friendliness, and the sense of community it offers."
  • Davina k.
    "I love the DFW China town across the street! Great well known and highly reviewed restaurants. I also love he jogging trail!"
  • Davina k.
    "DFW China town is right across the street. Very easy access to the highway, and I love the jogging trail. "
  • 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."
  • erinjohnson15
    "wonderful area, huge mix of people and ages, beautiful trees, great schools, we love it!"

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 540 Summit Dr

  • What is 540 Summit Dr estimated to be worth?
    Trulia's estimated value for 540 Summit Dr in Richardson, TX is $421,000.
  • What is the price history for 540 Summit Dr?
    540 Summit Dr in Richardson, TX last sold in August 2024.
  • Is Richardson a buyer's or seller's market?
    Richardson is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Richardson?
    The median sale price in Richardson is $464K. That is up $8.48K from the prior month.
  • Does 540 Summit Dr have air conditioning?
    Yes, 540 Summit Dr in Richardson, TX has air conditioning.
  • Does 540 Summit Dr have laundry facilities?
    Yes, 540 Summit Dr in Richardson, TX has laundry facilities.

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