
$407,130
NAL Estimated Property Value516 Frances Way, Richardson, TX, 75081
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Back on market with NEW ROOF! Buyer unable to close. 3 bed 2 bath pier & beam home in sought after Azalea Heights neighborhood of Richardson. Beautiful brick exterior w large trees & an oversized corner lot. Inside your new home you will enjoy 2 living areas, 2 dining areas, an open kitchen, & 2 updated bathrooms. The kitchen features pantry, gas range, & eat in area. Bathrooms are stylishly updated with granite, new vanities, lighting, & more! Backyard features a large raised deck with pergola, plenty of green space, separate covered deck to the side, and storage shed. Side entry 2 car garage also includes plenty of room for additional parking or RV Boat storage. Search 516 Frances on YouTube for video tour.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Richardson
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