- Fate TX
- Rockwall County
- 75087
- Local Area: Woodcreek Ph 1-C
- Rockwall ISD
- Covered Parking
- Game Room
- Media Room
- Covered Patio
- Home Theater
- Outdoor Fireplace
Property Overview
NEARLY 3,500 Sq. Ft. IN ROCKWALL ISD. TWO BEDROOM SUITES ON THE FIRST FLOOR, MEDIA AND GAME ROOM — UNDER $530K! This impressive home offers 5 bedrooms, 4.5 bathrooms, a dedicated media room, spacious game room, and a versatile floor plan designed for today's lifestyle. The private primary retreat and a separate guest suite with its own bathroom, ideal for multigenerational living, extended guests, or anyone who appreciates additional privacy and flexibility.
The heart of the home features an inviting open-concept layout with generous living and entertaining spaces, while the upstairs game room and dedicated media room offer the perfect setting for movie nights, entertaining, or simply spreading out.
A NEW ROOF INSTALLED IN 2025 adds peace of mind, while the established neighborhood provides the charm of a community that's already taken shape with many amenities such as pools, children playgrounds, fitness center, dog park, and tons more!
Located in desirable Rockwall ISD with convenient access to shopping, dining, and major roadways, this home delivers the space, versatility, and value that can be difficult to find at this price point. Virtual Staging Disclosure: Virtually staged for illustrative purposes only. Furniture and décor are not included.
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HAVE QUESTIONS ABOUT THIS HOME?
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Property highlights
Year Built 2016
School District Rockwall ISD
HOA $360 SemiAnnually
Parking 2-car garage, 2 covered
Architecture Traditional, Detached
Outdoor Living Covered Patio
Fireplace 1 Fireplaces
Neighborhood Woodcreek Ph 1-C
Full Property Details
Property Details
PROPERTY HIGHLIGHTS
Quick Details
- Price $525,000
- Status Active
- Bedrooms 5
- Bathrooms 5
- Square Feet 3,491 Sq Ft
- Lot Size 0.21 acres
- Lot Size Sq Ft 9,017
- Year Built 2016
- Price / Sq Ft $150 / Sq Ft
- MLS # 21413131
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- Property Condition Resale
- County Rockwall
- Subdivision Woodcreek Ph 1-C
- Days on Market 4
Home Details
- Architectural Style Traditional, Detached
- Stories 2
- Levels Two
- Full Baths 4
- Half Baths 1
- Construction Brick
- Foundation Slab
- Roof Composition, Shingle
- Flooring Carpet, Engineered Hardwood, Tile
- Heating Central, Natural Gas
- Cooling Central Air, Ceiling Fans
- Property Attached No
Kitchen & Interior
- Appliances Dishwasher, Disposal, Gas Range, Microwave, Vented Exhaust Fan
- Interior Features Decorative Designer Lighting Fixtures, Double Vanity, Granite Counters, High Speed Internet, In Law Floorplan, Multiple Master Suites, Pantry, Cable Tv, Walk In Closets
- Fireplaces 1
- Fireplace Features Family Room, Living Room, Outside
- Security Features Smoke Detectors
Lot & Exterior
- Exterior Features Private Yard, Rain Gutters
- Patio & Porch Features Covered
- Fencing Back Yard, Wood
- Pool No
Parking
- Parking Door Single, Garage Faces Front, Garage, Garage Door Opener
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $9,532
- HOA Fee $360 SemiAnnually
- HOA Includes All Facilities, Association Management, Maintenance Grounds
- Community Features Curbs, Sidewalks
- Parcel Number 000000070017
- Legal Description WOODCREEK PH 1-C, BLOCK Q, LOT 27
- Tax Block Q
- Tax Lot 27
Utilities
- Utilities Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- School District Rockwall ISD
- Elementary Billie Stevenson — Rockwall ISD
- Elementary Billie Stevenson — Rockwall ISD
- Middle Herman E Utley — Rockwall ISD
- Middle Herman E Utley — Rockwall ISD
- High Rockwall — Rockwall ISD
- High Rockwall — Rockwall ISD
Listing Information
- Listing Agent Chris Mendez
- Brokerage Compass RE Texas, LLC.
- MLS Board NTREIS
- List Date 10/16/2026
- Source Updated 10/25/2026
- Last Updated 10/25/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 632 Grisham Drive
Rockwall CAD (TrueProdigy) records for 632 Grisham Drive, Fate, TX 75087 show a CAD market value of $538,274 and a net appraised value of $538,274. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.
TAX INFO FOR NORMAL PEOPLE
A plain-English look at Rockwall CAD (TrueProdigy) property-tax and appraisal records for 632 Grisham Drive, Fate, TX 75087, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Rockwall CAD (TrueProdigy) Property Record
1. CAD Big Picture: Land + Improvements = Market Value
This shows what the CAD market value is made of. Appraisal districts usually separate value between the land and the improvements. Improvements may include the home, garages, shops, patios, pools, decks, storage, and other structures.
Land Value $92,000 + Improvement Value $446,274 = CAD Market Value $538,274
2. Improvement Details: Size, Type & Assessed Value
This is a breakdown of the improvements CAD has listed for the property and the square footage or area connected to those records. CAD improvement records may include the main living area, garages, shops, decks, patios, pools, storage, or other site improvements when available.
Building
Value: $446,274 Total Area: 4184 Sqft Living Area: 3491 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 2,158 Sqft |
| MAIN AREA | MA | 1,333 Sqft |
| ATTACHED GARAGE | AG | 420 Sqft |
| COVERED PORCH | CP | 143 Sqft |
| COVERED PORCH | CP | 130 Sqft |
3. Current Tax Exemptions & Statutory Limitations
Property tax bills reflect two distinct types of CAD adjustments: local taxing jurisdiction exemptions (which reduce taxable value below appraised value) and statutory appraisal limitations (which limit the annual growth of appraised value itself). Each taxing entity establishes its own exemption amounts and tax rates.
The current CAD record shows a homestead exemption. Reduces Rockwall ISD taxable value by $140,000 (from $538,274 net appraised value to $398,274 school taxable value). Current owner’s exemption, not guaranteed to transfer to buyer.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.
4. Value After CAD Reductions
This is where CAD reductions, exemptions, limitations, or special-use valuation may affect the value used for tax calculations.
CAD Market Value $538,274 − All Current CAD Reductions $0 = Current Taxed Starting Point $538,274
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
Taxable-value reduction for applicable school district (Rockwall ISD); current owner’s exemption, not guaranteed to transfer to buyer. Other local taxing units on this record apply $0 exemption reduction (taxed at $538,274 net appraised value).
5. Who Taxes It?
These are the local entities included in the current CAD/tax estimate. A property tax bill can include a city, county, school district, municipal utility district, public improvement district, or other special district. Each entity may use its own taxable value, rate, and exemption treatment.
| Entity | Taxable Value | Rate (per $100) | Est. Tax (No Ex.) | Savings | Est. Tax (Current) |
|---|---|---|---|---|---|
|
City
CITY OF FATE |
$538,274 | 0.2909 | $1,566 | — | $1,566 |
|
County
ROCKWALL COUNTY |
$538,274 | 0.2620 | $1,410 | — | $1,410 |
|
Municipal Utility District (MUD)
RW CO CONS MUD1 |
$538,274 | 0.1400 | $754 | — | $754 |
|
School District
ROCKWALL ISD |
$398,274 (H) | 1.0669 | $5,743 | -$1,494 | $4,249 |
(H) Taxable reduction reflected in school district taxable value.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer's exemptions and future tax obligations may differ.
Special District Context
- Municipal Utility District (MUD): A special-purpose district that may appear as a separate taxing entity.
6. Estimated Tax Bottom Line
Est. Taxes (No Exemptions) $9,472 − Est. Tax Reductions / Savings $1,494 = Est. Taxes (With Current Exemptions) $7,979
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $1,494. Estimated taxes without exemptions are calculated by applying each jurisdiction's tax rate to its pre-exemption taxable value. Exemption savings represent the difference between this unexempted estimate and the county's current tax estimate. Taxable values and tax rates vary by jurisdiction. Future taxes depend on buyer qualification and future adopted rates.
The current tax estimate reflects a homestead exemption on the property's present CAD record. That exemption does not automatically transfer to a new owner; a buyer must qualify for their own exemptions. For comparison, the current estimate is $7,979 with the exemptions shown today and $9,472 without exemptions. Actual future taxes will depend on buyer eligibility, future appraised values, and adopted tax rates.
7. CAD Values Over Time
YOY Change reflects the change in CAD Market Value from the prior appraisal year. Taxed / Appraised reflects the CAD net appraised value after CAD reductions, or the certified capped appraisal value where jurisdictions differ. Individual taxing units may use different taxable values when exemptions apply.
| Year | Land | Impr. | Market | Taxed / Appraised | YOY Change |
|---|---|---|---|---|---|
| 2021 | $96,900 | $314,140 | $411,040 | $390,644 | +$55,909 / +15.74% |
| 2022 | $115,000 | $381,730 | $496,730 | $429,708 | +$85,690 / +20.85% |
| 2023 | $149,500 | $407,966 | $557,466 | $472,679 | +$60,736 / +12.23% |
| 2024 | $115,000 | $463,412 | $578,412 | $519,947 | +$20,946 / +3.76% |
| 2025 | $105,800 | $456,194 | $561,994 | $561,994 | -$16,418 / -2.84% |
| 2026 | $92,000 | $446,274 | $538,274 | $538,274 | -$23,720 / -4.22% |
8. List Price vs CAD Value
The current list price and the county’s CAD market value are not the same thing. CAD market value is used for property-tax context and may lag the open market, reflect prior protests, exemptions, caps, agricultural or special-use treatment, or other appraisal district methods.
How does the list price compare with the CAD value?
CAD values are appraisal-district values used for property-tax purposes and can differ from current asking prices and eventual sale prices.
Current List Price $525,000 − Current CAD Market Value $538,274 = Under CAD Value -$13,274 (-2.5%)
A sale price can become part of the appraisal district’s future evidence. A buyer’s future taxable value and tax bill may change after purchase, especially if exemptions, caps, or special-use valuation change.
For tax planning, buyers should confirm future taxable value, exemptions, and special-use treatment with the appraisal district, tax office, lender, CPA, or other qualified advisor.
LIFE AROUND WOODCREEK PH 1-C
A curated look at local favorites, everyday stops, and lifestyle context near this property.