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Financing available

$625,000

1513 Margate Lane, Richardson, TX 75082

4
beds
3
baths
2,568
sqft

Est. with seller financing: $5,573/mo

  • Single-family
  • Built in 1984
  • 11,326 sq ft lot
  • $243/sqft
  • Collin County

Interested in this home?

Seller financing is available to qualified buyers.

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About this home

Welcome to 1513 Margate Lane, a beautifully updated 4-bedroom, 3-bath home offering 2,568 square feet in a highly convenient Richardson location, Sherrill Park. This home combines generous living space with thoughtful upgrades throughout, including a remodeled kitchen with a commercial-style vent hood, vaulted ceilings, Hunter Douglas 2-inch wood blinds, Container Store Elfa closet systems, and Central Vac throughout the home. Additional improvements include Andersen windows along the back of the home, newer front windows, added sealing for improved efficiency, and an electrical panel replaced in 2021. The backyard features a swimming pool with updated equipment, creating a great space for relaxing, entertaining, and enjoying Texas summers. Other highlights include an oversized garage, an available survey and floor plan, and wiring for AT&T Fiber, Spectrum Cable, and DirecTV satellite. Located near President George Bush Turnpike and US-75, the home offers convenient access to Richardson, Plano, Dallas, shopping, dining, and major employment centers. Outdoor lovers will also appreciate being near Spring Creek Nature Area and its miles of scenic trails and natural surroundings. With its combination of space, upgrades, outdoor living, and location, 1513 Margate Lane offers an excellent opportunity in Richardson.

Facts & features

Interior

Features

  • Built In Features
  • Cathedral Ceilings
  • Central Vacuum
  • Decorative Designer Lighting Fixtures
  • Double Vanity
  • Eat In Kitchen
  • High Speed Internet
  • Pantry
  • Paneling Wainscoting
  • Cable Tv
  • Walk In Closets

Heating & cooling

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fans, Electric

Flooring

  • Carpet
  • Ceramic Tile

Appliances

  • Dishwasher
  • Electric Range
  • Microwave
  • Wine Cooler

Fireplace

  • Fireplaces: 1
  • Gas
  • Gas Log
  • Masonry

Laundry

  • Common Area
  • Washer Hookup
  • Dryer Hookup
  • Laundry In Utility Room

Exterior & lot

Construction

  • Style: Ranch, Detached
  • Stories: 1
  • Roof: Composition
  • Foundation: Slab
  • Materials: Brick

Parking

  • Garage spaces: 2
  • Additional Parking
  • Concrete
  • Covered
  • Driveway
  • Garage
  • Garage Door Opener
  • On Site
  • Garage Faces Rear
  • On Street

Pool

  • In Ground
  • Pool
  • Waterfall
  • Water Feature

Community

Neighborhood

  • Subdivision: Sherril Park North Sec Three

Schools

  • District: Plano ISD
  • Elementary: Mendenhall
  • Middle: Otto
  • High: Williams,Plano East

Financial & listing details

Listing

  • Price per sq ft: $243
  • County: Collin
  • Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$5,573/mo

Principal & interest
$4,526/mo
Property taxes
$755/mo
Homeowners insurance (est.)
$292/mo
Loan amount
$562,500
Seller financing rate (est.)
9.00%
Term
30-year fixed
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This estimate uses our seller financing program's rate. Taxes are from listing data and insurance is estimated. Your actual payment may be higher. Estimate only. Your final rate, payment, and terms are based on approval. This is not a commitment to lend.

How buying this home works

  1. 1

    Get qualified

    We look at your ability to pay, not just a credit score. Self-employed and ITIN buyers welcome.

  2. 2

    Pick this home

    Once you're approved, tell us this is the one. We handle the purchase from the seller.

  3. 3

    Move in

    We resell the home to you at closing, so the title is in your name. Then make one fixed monthly payment, no bank required.

Location

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Seller financing for this home is available to qualified buyers from HFP, powered by Doorly, only on this site. The seller and listing agent are not affiliated with HFP and cannot offer this program directly.

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Listing courtesy of Cris Rodriguez, Coldwell Banker Apex, REALTORS · MLS #21399261 ·

Listing information provided by North Texas Real Estate Information Systems (NTREIS) through IDX. Information is deemed reliable but not guaranteed and should be independently verified. Last updated Oct 9, 2026.

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