242 Ridgemont Drive Heath, TX 75126
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Property highlights
Year Built 2001
School District Rockwall ISD
HOA $600 Annually
Pool Yes
Parking 3-car garage, 3 covered
Architecture Traditional
Acreage Estate 1.57 acres
Fireplace 2 Fireplaces
Neighborhood The Ridge
Full Property Details
Property Details
PROPERTY HIGHLIGHTS
Quick Details
- Price $1,200,000
- Status Coming Soon
- Bedrooms 4
- Bathrooms 4
- Square Feet 4,271 Sq Ft
- Lot Size 1.57 acres
- Lot Size Sq Ft 68,389
- Year Built 2001
- Price / Sq Ft $281 / Sq Ft
- MLS # 21310962
Overview
- Property Type Residential
- Property Subtype Single Family
- County Rockwall
- Subdivision The Ridge
Home Details
- Architectural Style Traditional
- Stories 2
- Construction Brick, Rock/Stone
- Heating Central
- Cooling Central Air
Kitchen & Interior
- Appliances Built-in Refrigerator, Dishwasher, Disposal, Gas Cooktop, Microwave, Oven-Double, Plumbed For Gas in Kitchen
- Interior Features Built-in Features, Decorative Lighting, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wet Bar
- Fireplaces 2
Lot & Exterior
- Lot Features Acreage, Lrg. Backyard Grass, Many Trees, Sprinkler System, Subdivision
- Exterior Features Covered Patio/Porch, Rain Gutters
- Pool Yes
Parking
- Parking Garage
- Garage Spaces 3
- Covered Parking 3
Taxes & HOA
- Annual Taxes $18,190
- HOA Fee $600 Annually
Utilities
- Utilities Aerobic Septic, Cable Available, City Water, Natural Gas Available
Schools
- School District Rockwall ISD
- Elementary Amy Parks-Heath — Rockwall ISD
- Middle Cain — Rockwall ISD
- High Rockwall-Heath — Rockwall ISD
Listing Information
- Listing Agent Dell Osborn
- Brokerage Ebby Halliday, REALTORS
- MLS Board NTREIS
- List Date 06/23/2026
- Source Updated 07/02/2026
- Last Updated 07/02/2026
Property Tax & CAD Valuation for 242 Ridgemont Drive
Rockwall CAD records for 242 Ridgemont Drive, Heath, TX 75126 show a CAD market value of $1,140,121 and a net appraised value of $1,140,121. 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 242 Ridgemont Drive, Heath, TX 75126, 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 $389,360 + Improvement Value $750,761 = CAD Market Value $1,140,121
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: $718,011 Total Area: 5759 Sqft Living Area: 4271 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 3,100 Sqft |
| MAIN AREA | MA | 1,171 Sqft |
| ATTACHED GARAGE | AG | 863 Sqft |
| COVERED PORCH | CP | 274 Sqft |
| BALCONY | BA | 186 Sqft |
| COVERED PORCH | CP | 141 Sqft |
| COVERED PORCH | CP | 24 Sqft |
POOL/SPA
Value: $32,750 Total Area: 1 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| SWIMMING POOL | SW | — |
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 disabled veteran homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
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 $1,140,121 − All Current CAD Reductions $0 = Current Taxed Starting Point $1,140,121
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 (100% Disabled Veteran Homestead, Homestead); current owner’s exemptions, not guaranteed to transfer to buyer. Additional local taxing units on this record also show taxable-value reductions: City Of Heath (-$1,140,121), Rockwall County (-$1,140,121).
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 HEATH |
$0 | 0.2757 | $3,143 | -$3,143 | $0 |
|
County
ROCKWALL COUNTY |
$0 | 0.2510 | $2,862 | -$2,862 | $0 |
|
School District
ROCKWALL ISD |
$0 (H) | 1.0669 | $12,164 | -$12,164 | $0 |
(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) $18,168 − Est. Tax Reductions / Savings $18,168 = Est. Taxes (With Current Exemptions) $0
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $18,168. 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 $0 with the exemptions shown today and $18,168 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 | $220,000 | $451,300 | $671,300 | $645,612 | +$84,380 / +14.38% |
| 2022 | $240,000 | $609,480 | $849,480 | $710,173 | +$178,180 / +26.54% |
| 2023 | $300,000 | $676,825 | $976,825 | $976,825 | +$127,345 / +14.99% |
| 2024 | $389,360 | $736,743 | $1,126,103 | $1,074,507 | +$149,278 / +15.28% |
| 2025 | $389,360 | $752,121 | $1,141,481 | $1,141,481 | +$15,378 / +1.37% |
| 2026 | $389,360 | $750,761 | $1,140,121 | $1,140,121 | -$1,360 / -0.12% |
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 $1,200,000 − Current CAD Market Value $1,140,121 = Over CAD Value +$59,879 (+5.3%)
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 THE RIDGE
A curated look at local favorites, everyday stops, and lifestyle context near this property.