tomo logo

$599,750

Beds
4
Baths
3.0
sq ft
2,876

5401 Palace Dr, Richardson, TX 75082

5401 Palace Dr

Richardson, TX 75082

  • 15 days on market
    • Open house Apr 05
Stunning Energy-Efficient Home in Plano ISD! This beautifully updated 4-bedroom, 2.5-bathroom, 3-car garage home offers spacious living, modern upgrades, & the added benefit of solar panels for significant energy savings! Home features a bright and open layout, pre-engineered hardwood floors that are located downstairs except for wet areas, which feature tile flooring. Fresh neutral paint has been updated throughout main living areas, dining room, kitchen, office, primary bedroom, primary bathroom, upstairs playroom, & upstairs bathroom. Fully updated staircase that features wood flooring & wrought iron handrails with an increased height for added safety. Updated living room with fireplace, wood mantle & decorative feature wall. Kitchen updates include features pre-engineered hardwood floors, repainted cabinet fronts, stainless steel appliances with gas convection oven, & modern finishes for a fresh, contemporary feel. Primary suite (located on the 1st level & is separate from all secondary bedrooms) features pre-engineered hardwood floors, ceiling fan, great natural light, fresh paint, & sitting area. En suite bath includes quartz-style countertops, dual sinks, a large separate shower, garden tub, separate toilet room, medicine cabinet, tile floors, and a spacious walk-in closet. All Secondary bedrooms feature neutral paint, carpet, ceiling fan, window treatments, & large walk-in closets. Foundation work was completed in 2019 and comes with a transferable warranty. Zoned to highly rated Plano ISD schools, including Schell Elementary

Details

Property type

Single Family Residence

Est. home value

$516,126

Lot size

0.29 acres

Price per sq ft

$209

Year built

1997

Annual property taxes

$8,503

Monthly HOA fee

$35

Price History

03/19/2025
NTREIS

NTREIS #20875473

Listed
$599,750
06/18/2019
NTREIS

NTREIS #14090840

Removed

Schools & Community

Neighborhood: 

Carrington Estates

Elementary school: 

Schell

Middle school: 

Otto

High school: 

Williams

School district: 

Plano ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$238,507
Asking price
$599,750
Closing costs (~8% of asking)
-$47,980
Est. remaining loan balance
-$313,263
Cash to seller
$238,507

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2021

Original loan amount

$340,000

Est. remaining balance

$313,263

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Zachary M Wilson and Shawntay N Wilson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 2:15 PM

Listing updated: 04/01/2025 at 8:17 PM

Listed by: Angela Herrera, Century 21 Mike Bowman, Inc. Phone #: (817) 354-7653

MLS: NTREIS #20875473

NTREIS logo

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