
$433,320
NAL Estimated Property Value516 Park Lane, Richardson, TX, 75081
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About this property
This wonderful one story on the largest lot features the best! Spacious formal living or dining, open gourmet kitchen with Kitchen Aid appliances, double ovens and microwave, 42 inch cabinets and lots of counter space is open to the huge den overlooking the patio and ample yard. An over sized hall leads to four bedrooms, master bath with shower, a Jack and Jill bath has double sinks, with third bath off kitchen laundry area. A large garage has wall of built-in cabinets and work space. Parking for multiple vehicles in the massive side driveway. Covered breezeway leads into house. Fresh paint inside and out and new carpet. Decorative lighting and window coverings.
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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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