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Single Family ResidenceResidential
$482,512$214 / 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 92How 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
Last sold for $115,000 on Aug 4, 1995

531 MELODY LN

RICHARDSON, TX 75081
4
Beds
3
Baths
2,255 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.
0.31 ac
Lot SizeThe size of the land the home sits on, from county records.
1963
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

$483K
$444K low$521K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$115,000 · Aug 4, 1995
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.$482,512
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$386,010

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,305 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$467,220 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$150,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$317,220
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$467,220
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$467,220

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyDALLAS
Lot (acres)The size of the land the home sits on, from county records.0.31
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
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

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Richardson Terrace Elementary SchoolA-
Elementary · Grades PK–6 · 0.7 mi
H
Berkner High SchoolC-
High · Grades 9–12 · 1.6 mi
M
Apollo Junior High SchoolC+
Middle · Grades 7–8 · 1.6 mi

District: Richardson Independent School District

Neighborhood · ZIP 75081These 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.73
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 100.28

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.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.37,696
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,098 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$91,627
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$112,191
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

531 Melody 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 more than 87% of homes in Highland Terrace
  • Costs less per square foot than 65% of homes in Highland Terrace
  • Bigger than 82% of homes in Highland Terrace
  • Has a bigger lot than 92% of homes in Richardson 75081
  • Older than 84% of homes in Richardson 75081

What homes are worth in Richardson 75081

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

This home
$229K$667K

This home is worth more than 86% of homes in Richardson 75081.

How it measures up in Richardson 75081

The dot is this home. The mark in the middle is the typical home in Richardson 75081.

Estimated value$482,512
CheaperTypical $406,233Pricier

Pricier than 86% of homes nearby

Price per ft²$214
CheaperTypical $205Pricier

Pricier than 63% of homes nearby

Living area2,255 ft²
SmallerTypical 1,994 ft²Bigger

Bigger than 70% of homes nearby

Lot size0.31 ac
SmallerTypical 0.21 acBigger

Bigger than 92% of homes nearby

Year built1963
OlderTypical 1975Newer

Newer than 16% of homes nearby

How 531 Melody Ln ranks against every home in each area.
MeasureThis homeHighland TerraceRichardson 75081Dallas County
Estimated valuepricier than$482,51287% of homes86% of homes75% of homes
Price per ft²pricier than$21435% of homes63% of homes63% of homes
Living areabigger than2,255 ft²82% of homes70% of homes73% of homes
Lot sizebigger than0.31 ac85% of homes92% of homes82% of homes
Year builtnewer than196369% of homes16% of homes32% of homes

About 531 Melody Ln

How much is 531 Melody Ln, Richardson, TX worth?

The TopHap Estimate for 531 Melody Ln, Richardson, TX is $482,512 as of Jul 14, 2026. The likely range is $444,240 to $520,784. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 531 Melody Ln, Richardson, TX last sell?

531 Melody Ln, Richardson, TX last sold on Aug 4, 1995 for $115,000, according to the county's recorded deed.

How big is 531 Melody Ln, Richardson, TX?

531 Melody Ln, Richardson, TX has 4 bedrooms, 3 bathrooms, 2,255 square feet of living space and a 0.31-acre lot.

When was 531 Melody Ln, Richardson, TX built?

531 Melody Ln, Richardson, TX was built in 1963, making it 63 years old. The building has 1 story.

What schools serve 531 Melody Ln, Richardson, TX?

531 Melody Ln, Richardson, TX is assigned to Richardson Terrace Elementary School (elementary), rated A-; Berkner High School (high), rated C-; Apollo Junior High School (middle), rated C+. All sit in Richardson Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 531 Melody Ln, Richardson, TX compare to other homes in Richardson 75081?

Among the 9,921 homes in Richardson 75081, it is worth more than 86% of them ($482,512 against a typical $406,233), its price per square foot is higher than 63% of them ($214 against a typical $205), it is bigger than 70% of them (2,255 ft² against a typical 1,994 ft²), its lot is bigger than 92% of them (0.31 ac against a typical 0.21 ac) and it is newer than 16% of them (1963 against a typical 1975). Measured against all of Dallas County, it is worth more than 75% 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 531 Melody Ln, Richardson, TX?

The 2025 property tax bill for 531 Melody Ln, Richardson, TX was $7,305. The county assessed it at $467,220.

Closest homes

More homes in Richardson 75081

Assigned schools

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