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3402 Richland Dr, Farmersville, TX, 75442

4beds
3baths
2,260sqft
$312,549
$138price/sqft
$2,474/moest. monthly cost
$98,960/yrincome needed

About This Home

BRAND NEW energy - efficient home Sep 2026! Sip your morning coffee at the Henderson's convenient kitchen island overlooking the dining and family rooms. White cabinets with veined white quartz countertops, tan tone EVP flooring and light grey brown textured carpet. Lakehaven is a master-planned community located at the edge of Lavon Lake, featuring all of the modern amenities. Family time will turn into lake time during the warm Texas summers. The Spring Series will boast six floorplans from our National Park Collection that range in size from approximately 1,270 sq. ft. to 2,255 sq. ft. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

--
Tatum Elementary SchoolGrades PK-25.3 mi
6/10
Farmersville High SchoolGrades 9-124.9 mi

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Gas Cooktop,Disposal,Microwave,Tankless Water Heater,Vented Exhaust Fan

Bedroom

  • Level: First
  • Dimensions: 12 x 13

Bedroom

  • Level: First
  • Dimensions: 13 x 13

Bedroom

  • Level: First
  • Dimensions: 13 x 11

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Level: First
  • Dimensions: 11 x 12

Features

  • High Speed Internet,Smart Home,Cable TV,Air Filtration
  • Flooring: Carpet,Ceramic Tile,Luxury Vinyl Plank

Heating & Cooling

  • Heating features: Central,Electric,ENERGY STAR Qualified Equipment,Heat Pump,Zoned
  • Cooling features: Central Air,Ceiling Fan(s),Electric,ENERGY STAR Qualified Equipment,Heat Pump,Zoned

Interior Area

  • Total interior livable area: 2,260 sqft

Living Room

  • Level: First
  • Dimensions: 20 x 14

Master Bedroom

  • Level: First
  • Dimensions: 16 x 14

Office

  • Level: First
  • Dimensions: 11 x 13

Property

Details

  • Parcel number: 2951848
  • Other equipment: Air Purifier

Features

  • Levels: One
  • Stories: 1
  • Pool features: None,Community
  • Patio & porch: Covered
  • Fencing: Wood

Lot

  • Lot size: 6,534 sqft
  • Features: Landscaped

Parking

  • Total spaces: 2
  • Parking features: Door-Single,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Heat Wave
Inland Flooding
Wildfire
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,580$18,960
Home Insurance *$261$3,132
Property Taxes $385$4,620
Electricity $248$2,977
Total$2,474$29,688
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,822/yr
40% on housing$74,220/yr
45% on housing$65,973/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$138This listing

vs Other Active Listings

Avg $/sqft

ZIP 75442$174
Collin County$205

vs Homes Sold Last Month

Median $/sqft

ZIP 75442$142
Collin County$185

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-12Price change$314,049
2026-07-30Price change$312,549
2026-07-20Price change$317,549
2026-07-10Listed for sale$322,549

New Construction

AgentPatrick Mcgrath
BrokerageMeritage Homes Realty

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