- Rockwall County
- Fate TX
- 75087
- Local Area: Woodcreek Ph 1a
Property Overview
Welcome to this beautifully maintained home in the highly sought-after Woodcreek master-planned community in Fate, located within acclaimed Rockwall ISD. Situated on a desirable corner lot and within walking distance to the elementary school, this home offers the perfect blend of comfort, convenience, and style.
Step inside to find premium upgraded flooring and custom upgraded window coverings throughout the entire first floor, creating a seamless and elegant living space. The thoughtfully designed floor plan features spacious bedrooms with generous closets, a versatile bonus space, and a dedicated media room perfect for movie nights, gaming, or entertaining.
The kitchen and living areas flow effortlessly to the backyard, where you’ll find a fantastic patio ideal for relaxing or hosting gatherings. A storage shed provides extra space for tools, equipment, and seasonal items. The three-car garage offers ample room for vehicles, storage, or a workshop setup.
Enjoy all the amenities Woodcreek has to offer, including community pools, parks, walking trails, playgrounds, and more, while being conveniently located near shopping, dining, and major commuter routes. This exceptional home combines upgraded finishes, flexible living spaces, and an unbeatable location
Featured spaces
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 2013
School District Rockwall Isd
HOA $360 SemiAnnually
Pool Yes
Parking 3-car garage, 3 covered
Architecture Traditional, Detached
Fireplace 1 Fireplaces
Neighborhood Woodcreek Ph 1a
Full Property Details
Property Details
Quick Details
- Price $489,000
- Status Active
- Bedrooms 4
- Bathrooms 3
- Square Feet 3,426 Sq Ft
- Lot Size 0.25 acres
- Lot Size Sq Ft 10,803
- Year Built 2013
- Price / Sq Ft $143 / Sq Ft
- MLS # 21296056
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- Property Condition Resale
- County Rockwall
- Subdivision Woodcreek Ph 1a
- Days on Market 61
Home Details
- Architectural Style Traditional, Detached
- Stories 2
- Levels Two
- Full Baths 3
- Half Baths 0
- Construction Brick
- Roof Composition, Shingle
- Flooring Laminate
- Cooling Electric
- Property Attached No
Kitchen & Interior
- Appliances Dishwasher, Gas Cooktop, Disposal, Microwave
- Interior Features Granite Counters, Kitchen Island, Pantry, Walk In Closets
- Laundry Features Washer Hookup, Dryer Hookup, Laundry In Utility Room
- Fireplaces 1
- Fireplace Features Stone
- Window Features Window Coverings
Lot & Exterior
- Lot Features Corner Lot
- Exterior Features Rain Gutters
- Patio & Porch Features Covered
- Fencing Brick, Wood
- Pool Yes
- Pool Features Community
Parking
- Parking Driveway
- Garage Spaces 3
- Covered Parking 3
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $8,575
- HOA Fee $360 SemiAnnually
- HOA Includes Association Management
- Community Features Clubhouse, Pool, Sidewalks, Trails Paths
- Parcel Number 000000061719
- Legal Description WOODCREEK PH 1A, BLOCK A, LOT 1
- Tax Block A
- Tax Lot 1
Utilities
- Utilities Sewer Available, Water Available
- Water Public
- Sewer Public Sewer
Schools
- School District Rockwall ISD
- Elementary Billie Stevenson — Rockwall ISD
- Middle Herman E Utley — Rockwall ISD
- High Rockwall — Rockwall ISD
Listing Information
- Listing Agent Mckenzie Sorsby
- Brokerage Real Broker, LLC
- MLS Board NTREIS
- List Date 06/17/2026
- Source Updated 08/18/2026
- Last Updated 08/19/2026
- Virtual Tour View Virtual Tour (Zillow)
Explore in 3D
Property Tax & CAD Valuation for 302 Phillips Court
Rockwall CAD records for 302 Phillips Court, Fate, TX 75087 show a CAD market value of $468,106 and a net appraised value of $468,106. 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 302 Phillips Court, Fate, 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 $92,000 + Improvement Value $376,106 = CAD Market Value $468,106
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: $374,079 Total Area: 4318 Sqft Living Area: 3314 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 2,352 Sqft |
| MAIN AREA | MA | 962 Sqft |
| ATTACHED GARAGE | AG | 676 Sqft |
| COVERED PORCH | CP | 170 Sqft |
| PATIO - 20% (REGULAR) | PA | 102 Sqft |
| COVERED PORCH | CP | 56 Sqft |
STORAGE
Value: $2,027 Total Area: 160 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| STORAGE | ST | 160 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 $468,106 net appraised value to $328,106 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 $468,106 − All Current CAD Reductions $0 = Current Taxed Starting Point $468,106
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 $468,106 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 |
$468,106 | 0.2909 | $1,362 | — | $1,362 |
|
County
ROCKWALL COUNTY |
$468,106 | 0.2510 | $1,175 | — | $1,175 |
|
Municipal Utility District (MUD)
RW CO CONS MUD1 |
$468,106 | 0.1550 | $726 | — | $726 |
|
School District
ROCKWALL ISD |
$328,106 (H) | 1.0669 | $4,994 | -$1,494 | $3,501 |
(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) $8,256 − Est. Tax Reductions / Savings $1,494 = Est. Taxes (With Current Exemptions) $6,763
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 $6,763 with the exemptions shown today and $8,256 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 | $250,560 | $347,460 | $347,460 | +$12,290 / +3.67% |
| 2022 | $115,000 | $333,000 | $448,000 | $382,206 | +$100,540 / +28.94% |
| 2023 | $149,500 | $351,988 | $501,488 | $420,427 | +$53,488 / +11.94% |
| 2024 | $115,000 | $387,971 | $502,971 | $462,470 | +$1,483 / +0.30% |
| 2025 | $105,800 | $380,373 | $486,173 | $486,173 | -$16,798 / -3.34% |
| 2026 | $92,000 | $376,106 | $468,106 | $468,106 | -$18,067 / -3.72% |
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 $489,000 − Current CAD Market Value $468,106 = Over CAD Value +$20,894 (+4.5%)
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 1A
A curated look at local favorites, everyday stops, and lifestyle context near this property.