- Rockwall County
- Rockwall TX
- 75087
- Local Area: Lakeridge Park
Property Overview
NEW ROOF COMING SOON! Buyer to select color with an offer before Nov 21st. This charming 3-bedroom, 2.5-bath home tucked into a beautiful, established neighborhood near the lake. Mature trees, scenic surroundings, beautiful views and incredible Texas sunsets give this area a character that is hard to find. One of the property's most unique features is the separate detached shop with 320 sqft, built just a few years ago and equipped with electricity and a mini split for heat and AC. Whether you need space for a workshop, hobbies, projects, storage or simply want a place of your own to create and work, this versatile building adds tremendous possibilities to the property!
Inside, the home offers a comfortable and functional layout with three bedrooms and two-and-a-half baths, while outside you'll enjoy the peaceful setting and natural beauty that make this neighborhood so special. Spend evenings beneath the large trees, take in the sunsets, or enjoy being just minutes from the lake and everything Rockwall has to offer.
If you've been looking for a home with character, an established neighborhood, a fantastic location near the lake and a detached shop you won't find with every property,
Featured spaces
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Property highlights
Year Built 1990
School District Rockwall Isd
HOA No HOA
Parking 2-car garage, 2 covered
Shop / Workshop Workshop on property
Architecture Detached
Fireplace 1 Fireplaces
Neighborhood Lakeridge Park
Full Property Details
Property Details
Quick Details
- Price $395,000
- Status Active
- Bedrooms 3
- Bathrooms 3
- Square Feet 1,994 Sq Ft
- Lot Size 0.28 acres
- Lot Size Sq Ft 11,979
- Year Built 1990
- Price / Sq Ft $198 / Sq Ft
- MLS # 21377141
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Rockwall
- Subdivision Lakeridge Park
- Days on Market 48
Home Details
- Architectural Style Detached
- Stories 1
- Levels One
- Full Baths 2
- Half Baths 1
- Construction Brick
- Foundation Slab
- Roof Composition
- Heating Central, Natural Gas
- Cooling Central Air, Ceiling Fans, Electric
- Property Attached Yes
Kitchen & Interior
- Appliances Dishwasher
- Interior Features Cathedral Ceilings, Eat In Kitchen, High Speed Internet, Cable Tv, Natural Woodwork
- Laundry Features Washer Hookup, Dryer Hookup
- Fireplaces 1
- Fireplace Features Wood Burning
Lot & Exterior
- Lot Features Back Yard, Corner Lot, Lawn, Sprinkler System, Few Trees
- Exterior Features Other, Rain Gutters, Storage
- Pool No
- Other Structures Workshop
Parking
- Parking Alley Access, Door Single, Driveway, Garage, Garage Door Opener, Garage Faces Rear
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $6,228
- Community Features Curbs
- Parcel Number 000000018949
- Legal Description LAKERIDGE PARK, BLOCK B, LOT 17
- Tax Block B
- Tax Lot 17
Utilities
- Utilities Electricity Available, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- School District Rockwall ISD
- Elementary Reinhardt — Rockwall ISD
- Middle Herman E Utley — Rockwall ISD
- High Rockwall — Rockwall ISD
Listing Information
- Listing Agent Stacy Massar
- Brokerage TruHome Real Estate
- MLS Board NTREIS
- List Date 09/04/2026
- Source Updated 10/22/2026
- Last Updated 10/23/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 204 Lakehill Drive
Rockwall CAD (TrueProdigy) records for 204 Lakehill Drive, Rockwall, TX 75087 show a CAD market value of $404,829 and a net appraised value of $395,301. 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 204 Lakehill Drive, Rockwall, 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 $176,000 + Improvement Value $228,829 = CAD Market Value $404,829
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: $220,232 Total Area: 2636 Sqft Living Area: 1994 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 1,994 Sqft |
| ATTACHED GARAGE | AG | 506 Sqft |
| COVERED PORCH | CP | 112 Sqft |
| COVERED PORCH | CP | 24 Sqft |
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| MISC IMP | Code: STORAGE SHED · Class: A1 · Built 2022 | 465 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. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows an exemption. Specific deduction amounts vary by taxing jurisdiction.
Statutory 10% limitation on annual increase in appraised value for qualifying residence homestead (Texas Tax Code § 23.23). This is an appraisal-stage limitation, not a local taxing jurisdiction exemption.
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 $404,829 − All Current CAD Reductions -$9,528 = Current Taxed Starting Point $395,301
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
Combined taxable-value reduction for applicable school district (Rockwall ISD) from current exemptions on record (Homestead, Additional Exemption); current owner’s exemptions, not guaranteed to transfer to buyer. Additional local taxing units on this record also show taxable-value reductions: City Of Rockwall (-$60,000), Rockwall County (-$35,000). Separate from -$9,528 10% homestead cap already reflected in the $395,301 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 ROCKWALL |
$335,301 | 0.2580 | $1,020 | -$379 | $640 |
|
County
ROCKWALL COUNTY |
$360,301 | 0.2620 | $1,036 | -$313 | $723 |
|
School District
ROCKWALL ISD |
$175,301 (H) | 1.0669 | $4,217 | -$3,476 | $742 |
(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.
6. Estimated Tax Bottom Line
Est. Taxes (No Exemptions) $6,273 − Est. Tax Reductions / Savings $4,168 = Est. Taxes (With Current Exemptions) $2,105
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $4,168. 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 $2,105 with the exemptions shown today and $6,273 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 | $118,450 | $133,230 | $251,680 | $240,361 | +$33,170 / +15.18% |
| 2022 | $145,600 | $183,620 | $329,220 | $264,397 | +$77,540 / +30.81% |
| 2023 | $182,000 | $208,677 | $390,677 | $296,995 | +$61,457 / +18.67% |
| 2024 | $160,000 | $217,678 | $377,678 | $326,695 | -$12,999 / -3.33% |
| 2025 | $184,000 | $242,883 | $426,883 | $359,365 | +$49,205 / +13.03% |
| 2026 | $176,000 | $228,829 | $404,829 | $395,301 | -$22,054 / -5.17% |
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 $395,000 − Current CAD Market Value $404,829 = Under CAD Value -$9,829 (-2.4%)
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 LAKERIDGE PARK
A curated look at local favorites, everyday stops, and lifestyle context near this property.