Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$504,065$223 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

1507 MARGATE LN

RICHARDSON, TX 75082
0
Baths
2,256 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1985
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$504K
$476K low$532K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$170,314
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$136,251
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.69%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$1
HUD · R · recorded Aug 18, 2010
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$333,750
WELLS FARGO BANK

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,009 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$472,907 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$135,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$337,907
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$486,543
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$472,907

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyCollin
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2005
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Mat/Raft Foundation (Slab)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 100 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Otto Middle SchoolA-
Middle · Grades 6–8 · 2.8 mi
E
Stinson Elementary SchoolA
Elementary · Grades KG–5 · 3.1 mi
H
Plano East Senior High SchoolA-
High · Grades 11–12 · 4.4 mi

District: Plano Independent School District

Neighborhood · ZIP 75082These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.70
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.103
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.24

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.37%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.31,543
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,731 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$120,532
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$152,214
Average tempThe average temperature here across a full year.65°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.62%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1507 Margate Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 97% of homes in Sherrill Park
  • Costs more per square foot than 78% of homes in Richardson 75082
  • Smaller than 96% of homes in Sherrill Park
  • Older than 83% of homes in Collin County

What homes are worth in Richardson 75082

Each bar is how many homes fall in that price range. The marker is this home.

This home
$332K$1.2M

This home is worth more than 24% of homes in Richardson 75082.

How it measures up in Richardson 75082

The dot is this home. The mark in the middle is the typical home in Richardson 75082.

Estimated value$504,065
CheaperTypical $579,479Pricier

Pricier than 24% of homes nearby

Price per ft²$223
CheaperTypical $205Pricier

Pricier than 78% of homes nearby

Living area2,256 ft²
SmallerTypical 2,812 ft²Bigger

Bigger than 20% of homes nearby

Year built1985
OlderTypical 1996Newer

Newer than 27% of homes nearby

How 1507 Margate Ln ranks against every home in each area.
MeasureThis homeSherrill ParkRichardson 75082Collin County
Estimated valuepricier than$504,0653% of homes24% of homes49% of homes
Price per ft²pricier than$22371% of homes78% of homes64% of homes
Living areabigger than2,256 ft²4% of homes20% of homes43% of homes
Year builtnewer than198544% of homes27% of homes17% of homes

About 1507 Margate Ln

How much is 1507 Margate Ln, Richardson, TX worth?

The TopHap Estimate for 1507 Margate Ln, Richardson, TX is $504,065 as of Jul 14, 2026. The likely range is $475,692 to $532,438. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1507 Margate Ln, Richardson, TX last sell?

1507 Margate Ln, Richardson, TX last sold on Apr 1, 1985, according to the county's recorded deed.

When was 1507 Margate Ln, Richardson, TX built?

1507 Margate Ln, Richardson, TX was built in 1985, making it 41 years old. The building has 1 story.

What schools serve 1507 Margate Ln, Richardson, TX?

1507 Margate Ln, Richardson, TX is assigned to Otto Middle School (middle), rated A-; Stinson Elementary School (elementary), rated A; Plano East Senior High School (high), rated A-. All sit in Plano Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1507 Margate Ln, Richardson, TX compare to other homes in Richardson 75082?

Among the 6,461 homes in Richardson 75082, it is worth more than 24% of them ($504,065 against a typical $579,479), its price per square foot is higher than 78% of them ($223 against a typical $205), it is bigger than 20% of them (2,256 ft² against a typical 2,812 ft²) and it is newer than 27% of them (1985 against a typical 1996). Measured against all of Collin County, it is worth more than 49% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1507 Margate Ln, Richardson, TX?

The 2024 property tax bill for 1507 Margate Ln, Richardson, TX was $2,009. The county assessed it at $472,907.

Closest homes

More homes in Richardson 75082

Assigned schools

Explore the area

See this home in context

Open 1507 Margate Ln on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map