- Rockwall County
- Rockwall TX
- 75087
- Local Area: Ladera
- Pool
- Rockwall ISD
- Gated
- Covered Parking
- Shop / Workshop
- Ranch
- Gas Fireplace
- Hardwood Floors
- Covered Patio
- Outdoor Fireplace / Fire Pit
- Outdoor Fireplace
Property Overview
Welcome to this stunning open-concept ranch-style home offering 2,274 square feet of thoughtfully designed living space and countless upgrades throughout. Rich hand-scraped hardwood floors flow seamlessly throughout the home, creating warmth and elegance in every room.
This versatile floor plan features two spacious bedrooms plus a flex room with double French doors that can serve as a guest room, home office, den, fitness room, or hobby space. Upgraded lighting, ceiling fans, fixtures, tile, and granite countertops add a touch of luxury throughout.
One of the home’s most unique features is the rare three-car garage, complete with durable polyaspartic flooring, finished walls and ceilings, and a flat-screen TV. Whether you need a workshop, fitness area, craft room, or additional entertaining space, this garage offers endless possibilities.
Enjoy breathtaking sunsets from the extended covered patio featuring stained concrete, a large-screen TV, and a cozy outdoor fireplace.
Designed with modern living in mind, the home is wired for upgraded television, internet, and stereo systems. Energy efficiency is enhanced by upgraded foam insulation throughout. Additional storage is available in the attic, which includes convenient stair access from the garage and extensive decking.
Residents enjoy scenic walking paths, open green spaces, and a welcoming atmosphere where neighbors can often be seen throughout the day walking their dogs. Great neighbors and neighborhood!
Ladera’s resort-style amenities include a beautifully appointed clubhouse with a kitchen, television, and gathering spaces that can be reserved for special events. Residents also enjoy two pickleball courts, a spectacular waterfall swimming pool with changing facilities, a gated outdoor entertaining area with a fire pit, and grilling stations.
This exceptional home combines luxury, comfort, convenience, and breathtaking views in one of the area’s most desirable communities.
HAVE QUESTIONS ABOUT THIS HOME?
Text or email Steavy directly from this listing.
HAVE QUESTIONS ABOUT THIS HOME?
Text or email Steavy directly from this listing.
Property highlights
Year Built 2022
School District Rockwall ISD
HOA $375 Monthly
Pool Pool
Parking 3-car garage, 3 covered
Gated Gated
Shop / Workshop Shop / Workshop
Architecture Ranch
Outdoor Living Covered Patio
Full Property Details
Property Details
PROPERTY HIGHLIGHTS
Quick Details
- Price $624,900
- Status Active
- Bedrooms 2
- Bathrooms 2
- Square Feet 2,276 Sq Ft
- Lot Size 0.23 acres
- Lot Size Sq Ft 9,997
- Year Built 2022
- Price / Sq Ft $275 / Sq Ft
- MLS # 21298199
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- Property Condition Resale
- County Rockwall
- Subdivision Ladera
- Days on Market 104
Home Details
- Architectural Style Ranch
- Stories 1
- Levels One
- Full Baths 2
- Half Baths 0
- Construction Brick, Fiber Cement, Frame
- Foundation Slab
- Roof Composition
- Flooring Hardwood, Tile
- Heating Fireplaces, Natural Gas
- Cooling Central Air, Ceiling Fans, Electric, Energy Star Qualified Equipment, Heat Pump
- Property Attached Yes
Kitchen & Interior
- Appliances Built In Gas Range, Double Oven, Dishwasher, Electric Oven, Electric Water Heater, Gas Cooktop, Disposal, Microwave, Vented Exhaust Fan
- Interior Features Built In Features, Cathedral Ceilings, Decorative Designer Lighting Fixtures, Eat In Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceilings, Wired For Data, Walk In Closets, Wired For Sound
- Laundry Features Washer Hookup, Dryer Hookup, Electric Dryer Hookup, Laundry In Utility Room, Other
- Fireplaces 1
- Fireplace Features Blower Fan, Circulating, Gas, Glass Doors, Gas Log, Gas Starter, Living Room, Stone, Insert
- Window Features Shutters
- Security Features Carbon Monoxide Detectors, Fire Alarm, Security Gate, Gated Community, Key Card Entry, Smoke Detectors, Security Lights
Lot & Exterior
- Lot Features Back Yard, Backs To Greenbelt Park, Greenbelt, Interior Lot, Lawn, Landscaped, Level, Rolling Slope, Sprinkler System
- Exterior Features Lighting, Rain Gutters, Sport Court, Uncovered Courtyard
- Patio & Porch Features Covered
- Fencing Back Yard, Gate, Metal
- Pool Yes
- Pool Features Cabana, Fenced, Gunite, Heated, In Ground, Lap, Outdoor Pool, Pool, Waterfall, Water Feature, Community
- Other Structures Cabana, Pool House
Parking
- Parking Concrete, Door Multi, Epoxy Flooring, Garage Faces Front, Garage, Garage Door Opener, Lighted, Oversized, Side By Side
- Garage Spaces 3
- Covered Parking 3
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $8,622
- HOA Fee $375 Monthly
- HOA Includes All Facilities, Maintenance Grounds
- Community Features Clubhouse, Fitness Center, Fenced Yard, Pickleball, Pool, Racquetball, Trails Paths, Curbs, Gated, Sidewalks
- Association Amenities Maintenance Front Yard
- Parcel Number 103042
- Legal Description LADERA AT ROCKWALL CONDOMINIUMS, LOT 29
- Tax Block Lot 1 block A
- Tax Lot 29
Utilities
- Utilities Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Underground Utilities, Water Available
- Water Public
- Sewer Public Sewer
- Other Equipment Call Listing Agent
Schools
- School District Rockwall ISD
- Elementary Dobbs — Rockwall ISD
- Middle Herman E Utley — Rockwall ISD
- High Rockwall — Rockwall ISD
Listing Information
- Listing Agent Rick Eddy
- Brokerage Easy Life Realty
- MLS Board NTREIS
- List Date 06/12/2026
- Source Updated 09/24/2026
- Last Updated 09/24/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 1628 Madrid Way
Rockwall CAD records for 1628 Madrid Way, Rockwall, TX 75087 show a CAD market value of $633,986 and a net appraised value of $633,986. 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 property-tax and appraisal records for 1628 Madrid Way, Rockwall, TX 75087, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Rockwall CAD 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 $124,300 + Improvement Value $509,686 = CAD Market Value $633,986
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.
RESIDENTIAL
Value: $509,686 Total Area: 3336 Sqft Living Area: 2276 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 2,276 Sqft |
| ATTACHED GARAGE | AG | 768 Sqft |
| COVERED PORCH | CP | 244 Sqft |
| COVERED PORCH | CP | 48 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.
No standard exemptions or CAD reductions were detected in the current record.
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 $633,986 − All Current CAD Reductions $0 = Current Taxed Starting Point $633,986
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
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 ROCKWALL |
$633,986 | 0.2575 | $1,633 | — | $1,633 |
|
County
ROCKWALL COUNTY |
$633,986 | 0.2510 | $1,591 | — | $1,591 |
|
School District
ROCKWALL ISD |
$633,986 | 1.0669 | $6,764 | — | $6,764 |
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.
6. Estimated Tax Bottom Line
Est. Taxes (No Exemptions) $9,988 − Est. Tax Reductions / Savings — = Est. Taxes (With Current Exemptions) $9,988
The current CAD record does not establish an exemption tax savings calculation. A buyer’s future tax bill may differ.
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 | $60,936 | — | $60,936 | $60,936 | +$40,536 / +198.71% |
| 2022 | $67,029 | — | $67,029 | $67,029 | +$6,093 / +10.00% |
| 2023 | $129,950 | $418,726 | $548,676 | $548,676 | +$481,647 / +718.57% |
| 2024 | $118,650 | $445,703 | $564,353 | $564,353 | +$15,677 / +2.86% |
| 2025 | $113,000 | $434,342 | $547,342 | $547,342 | -$17,011 / -3.01% |
| 2026 | $124,300 | $509,686 | $633,986 | $633,986 | +$86,644 / +15.83% |
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 $624,900 − Current CAD Market Value $633,986 = Under CAD Value -$9,086 (-1.4%)
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 LADERA
A curated look at local favorites, everyday stops, and lifestyle context near this property.