- Rockwall County
- Heath TX
- 75032
- Local Area: Le Ruisseau
Property Overview
Estate Home Build Site in the Heart of Heath. Rare opportunity to own or develop remaining one of 4 remaining lots in Le Ruisseau in the Heart of Heath, Dallas' Luxury Bedroom Community. Ideal for personal custom homes or luxury spec estate homes. Lot is over 1.5 Acres. Additional 3 lots MLS numbers 21324499, 21324510 and 21324520 could be purchased along with this lot as a package deal for the right terms. Contact Listing Agent for details. Buyer to verify all information. Buyer to pay all applicable rollback taxes.
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Property highlights
School District Rockwall Isd
HOA $500 Annually
Acreage Estate 1.59 acres
Neighborhood Le Ruisseau
Full Property Details
Property Details
Quick Details
- Price $339,700
- Status Active
- Lot Size 1.59 acres
- Lot Size Sq Ft 69,043
- MLS # 21324170
Overview
- Property Type Land
- Property Subtype Unimproved Land
- County Rockwall
- Subdivision Le Ruisseau
- Days on Market 19
Home Details
- Property Attached No
Lot & Exterior
- Lot Features Acreage, City Lot
- Pool No
Parking
- Attached Garage No
Taxes & HOA
- Annual Taxes $1
- HOA Fee $500 Annually
- HOA Includes Association Management, Maintenance Grounds
- Parcel Number 000000332352
- Legal Description LE RUISSEAU PHASE THREE BLK A LOT 13
- Tax Block A
- Tax Lot 13
Utilities
- Utilities Cable Available, Electricity Available, Sewer Available, Water Available
- Water Public
- Sewer Public Sewer
Schools
- School District Rockwall ISD
- Elementary Linda Lyon — Rockwall ISD
- Middle Cain — Rockwall ISD
- High Rockwall-Heath — Rockwall ISD
Listing Information
- Listing Agent Aidan Flores
- Brokerage Coldwell Banker Realty
- MLS Board NTREIS
- List Date 07/08/2026
- Source Updated 07/16/2026
- Last Updated 08/19/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 321 Smirl Drive
Rockwall CAD records for 321 Smirl Drive, Heath, TX 75032 show a CAD market value of $427,950 and a net appraised value of $43. 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 321 Smirl Drive, Heath, TX 75032, 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 $427,950 + Improvement Value — = CAD Market Value $427,950
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.
Agricultural or special-use productivity valuation reduces appraised land value below market value during property appraisal.
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 $427,950 − All Current CAD Reductions -$427,907 = Current Taxed Starting Point $43
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) |
|---|---|---|---|---|---|
|
County
ROCKWALL COUNTY |
$43 | 0.2510 | $0 | — | $0 |
|
City
CITY OF HEATH |
$43 | 0.2757 | $0 | — | $0 |
|
School District
ROCKWALL ISD |
$43 | 1.0669 | $0 | — | $0 |
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 CAD Reductions) $1 − Est. Tax Reductions / Savings — = Est. Taxes (With Current Exemptions) $1
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 |
|---|---|---|---|---|---|
| 2024 | $412,100 | — | $412,100 | $38 | — |
| 2025 | $427,950 | — | $427,950 | $32 | +$15,850 / +3.85% |
| 2026 | $427,950 | — | $427,950 | $43 | — |
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?
Because this property has agricultural or special-use valuation, CAD adjustments can create a substantial difference between the county's tax-purpose values and the property's current asking price.
Current List Price $339,700 − Current CAD Market Value $427,950 = Under CAD Value -$88,250 (-20.6%)
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 LE RUISSEAU
A curated look at local favorites, everyday stops, and lifestyle context near this property.