- Rockwall County
- Rockwall TX
- 75087
- Local Area: Northshore #1
Property Overview
Beautifully maintained home in one of Rockwall's most established neighborhoods, just minutes from Lake Ray Hubbard. Situated on a quiet, tree-lined street, this property offers exceptional curb appeal with large mature trees and a peaceful setting. Inside, you'll find a spacious floor plan highlighted by a huge kitchen with abundant counter space and storage, perfect for entertaining and everyday living. The inviting living areas flow seamlessly to a lovely backyard with plenty of room to relax, play, or host gatherings under the shade of mature trees. Conveniently located near shopping, dining, parks, and schools, this home combines comfort, charm, and an unbeatable location.
Featured spaces
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Property highlights
Year Built 1978
School District Rockwall Isd
HOA No HOA
Parking 2-car garage, 2 covered
Architecture Traditional, Detached
Fireplace 1 Fireplaces
Neighborhood Northshore #1
Full Property Details
Property Details
Quick Details
- Price $355,000
- Status Active
- Bedrooms 3
- Bathrooms 2
- Square Feet 1,687 Sq Ft
- Lot Size 0.23 acres
- Lot Size Sq Ft 10,019
- Year Built 1978
- Price / Sq Ft $210 / Sq Ft
- MLS # 21311913
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Rockwall
- Subdivision Northshore #1
- Days on Market 44
Home Details
- Architectural Style Traditional, Detached
- Stories 1
- Levels One
- Full Baths 2
- Half Baths 0
- Construction Brick
- Foundation Slab
- Roof Composition
- Flooring Carpet, Ceramic Tile
- Heating Central
- Cooling Central Air, Ceiling Fans, Electric
- Property Attached No
Kitchen & Interior
- Appliances Dishwasher, Electric Range, Microwave, Refrigerator
- Interior Features Other
- Fireplaces 1
- Fireplace Features Other
Lot & Exterior
- Lot Features Back Yard, Lawn
- Pool No
Parking
- Parking Garage, Garage Door Opener, Garage Faces Rear
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $5,864
- Parcel Number 000000020473
- Legal Description NORTHSHORE #1, BLOCK N, LOT 11
- Tax Block N
- Tax Lot 11
Utilities
- Utilities Sewer Available, Water 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 William Butler
- Brokerage Butler Property Company
- MLS Board NTREIS
- List Date 06/26/2026
- Source Updated 08/04/2026
- Last Updated 08/19/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 314 Shepards Hill Drive
Rockwall CAD records for 314 Shepards Hill Drive, Rockwall, TX 75087 show a CAD market value of $344,629 and a net appraised value of $344,629. 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 314 Shepards Hill Drive, 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 $202,000 + Improvement Value $142,629 = CAD Market Value $344,629
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: $141,885 Total Area: 2309 Sqft Living Area: 1687 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 1,687 Sqft |
| ATTACHED GARAGE | AG | 484 Sqft |
| ENCLOSED PORCH | EP | 90 Sqft |
| COVERED PORCH | CP | 48 Sqft |
STRG BLDG
Value: $744 Total Area: 120 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| STORAGE | ST | 120 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 $344,629 − All Current CAD Reductions $0 = Current Taxed Starting Point $344,629
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 |
$344,629 | 0.2575 | $887 | — | $887 |
|
County
ROCKWALL COUNTY |
$344,629 | 0.2510 | $865 | — | $865 |
|
School District
ROCKWALL ISD |
$344,629 | 1.0669 | $3,677 | — | $3,677 |
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) $5,429 − Est. Tax Reductions / Savings — = Est. Taxes (With Current Exemptions) $5,429
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 | $101,650 | $104,040 | $205,690 | $205,690 | +$2,170 / +1.07% |
| 2022 | $155,000 | $128,430 | $283,430 | $283,430 | +$77,740 / +37.79% |
| 2023 | $200,000 | $131,760 | $331,760 | $331,760 | +$48,330 / +17.05% |
| 2024 | $200,000 | $152,258 | $352,258 | $352,258 | +$20,498 / +6.18% |
| 2025 | $224,000 | $148,241 | $372,241 | $372,241 | +$19,983 / +5.67% |
| 2026 | $202,000 | $142,629 | $344,629 | $344,629 | -$27,612 / -7.42% |
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 $355,000 − Current CAD Market Value $344,629 = Over CAD Value +$10,371 (+3.0%)
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 NORTHSHORE #1
A curated look at local favorites, everyday stops, and lifestyle context near this property.