- Rockwall County
- Fate TX
- 75087
- Local Area: Spring Meadows Ph 1
Property Overview
SERIOUS SELLER, SERIOUS DEAL, ALL OFFERS CONSIDERED!!! NEW PRICE 9k PRICE REDUCTION!! Nestled in the highly desirable Spring Meadow community of Fate, Texas, this spectacular home is a rare find that blends style, space, and peace of mind. Thoughtfully designed with a flexible layout, it offers four generously sized bedrooms, two and a half bathrooms, two separate living areas, a formal dining room, a charming breakfast nook, and an impressive upstairs game room ready to become whatever you need most, whether that's a media room, home office, or playroom. Every major update has already been taken care of, including a 2023 new roof, water heater in 2023, HVAC systems in 2024 & 2025, fence in 2026, garage door, and fresh paint throughout, so all that's left to do is move in and make it yours. Perfectly situated just minutes from downtown Fate and Rockwall, with quick access to shopping, dining, parks, and major freeways, this home delivers everyday convenience without sacrificing comfort. Priced as one of the best values per square foot in the neighborhood, this beauty won't last long, so come see it before it's gone.
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Property highlights
Year Built 2007
School District Royse City Isd
HOA $120 Quarterly
Parking 2-car garage, 2 covered
Architecture Traditional, Detached
Neighborhood Spring Meadows Ph 1
Full Property Details
Property Details
Quick Details
- Price $298,000
- Status Active
- Bedrooms 4
- Bathrooms 3
- Square Feet 2,877 Sq Ft
- Lot Size 0.15 acres
- Lot Size Sq Ft 6,621
- Year Built 2007
- Price / Sq Ft $104 / Sq Ft
- MLS # 21345087
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- Property Condition Resale
- County Rockwall
- Subdivision Spring Meadows Ph 1
- Days on Market 131
Home Details
- Architectural Style Traditional, Detached
- Stories 2
- Levels Two
- Full Baths 2
- Half Baths 1
- Construction Brick, Rock, Stone
- Foundation Slab
- Roof Composition
- Flooring Carpet, Luxury Vinyl Plank
- Heating Central
- Cooling Central Air
- Property Attached No
Kitchen & Interior
- Appliances Dishwasher
- Interior Features Eat In Kitchen, Walk In Closets
- Laundry Features Washer Hookup, Electric Dryer Hookup, Laundry In Utility Room
- Security Features Smoke Detectors
Lot & Exterior
- Lot Features Interior Lot
- Patio & Porch Features Awnings, Covered, Front Porch, Patio
- Fencing Wood
- Pool No
Parking
- Parking Direct Access, Driveway
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $6,463
- HOA Fee $120 Quarterly
- HOA Includes Maintenance Grounds
- Parcel Number 000000070865
- Legal Description SPRING MEADOWS PH 1, BLOCK F, LOT 19
- Tax Block F
- Tax Lot 19
Utilities
- Utilities Cable Available, Sewer Available, Water Available
- Water Public
- Sewer Public Sewer
Schools
- School District Royse City ISD
- Elementary Vernon — Royse City ISD
- Middle Bobby Summers — Royse City ISD
- High Royse City — Royse City ISD
Listing Information
- Listing Agent Joel Betancourth
- Brokerage JB Real Estate Group, LLC
- MLS Board NTREIS
- List Date 07/29/2026
- Source Updated 10/12/2026
- Last Updated 10/12/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 513 Laurel Lane
Rockwall CAD records for 513 Laurel Lane, Fate, TX 75087 show a CAD market value of $341,472 and a net appraised value of $341,472. 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 513 Laurel Lane, 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 $84,960 + Improvement Value $256,512 = CAD Market Value $341,472
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: $255,847 Total Area: 3629 Sqft Living Area: 2877.5 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 1,605 Sqft |
| MAIN AREA | MA | 1,273 Sqft |
| ATTACHED GARAGE | AG | 446 Sqft |
| COVERED PORCH | CP | 216 Sqft |
| STORAGE | ST | 48 Sqft |
| COVERED PORCH | CP | 42 Sqft |
PERGOLA
Value: $665 Total Area: 80 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| PERGOLA | PERGOLA | 80 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 Royse City ISD taxable value by $140,000 (from $341,472 net appraised value to $201,472 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 $341,472 − All Current CAD Reductions $0 = Current Taxed Starting Point $341,472
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 (Royse City ISD); current owner’s exemption, not guaranteed to transfer to buyer. Other local taxing units on this record apply $0 exemption reduction (taxed at $341,472 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 |
$341,472 | 0.2909 | $993 | — | $993 |
|
County
ROCKWALL COUNTY |
$341,472 | 0.2510 | $857 | — | $857 |
|
School District
ROYSE CITY ISD |
$201,472 (H) | 1.2552 | $4,286 | -$1,757 | $2,529 |
(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) $6,136 − Est. Tax Reductions / Savings $1,757 = Est. Taxes (With Current Exemptions) $4,379
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $1,757. 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 $4,379 with the exemptions shown today and $6,136 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 | $83,000 | $162,640 | $245,640 | $245,640 | +$3,210 / +1.32% |
| 2022 | $118,000 | $212,160 | $330,160 | $270,204 | +$84,520 / +34.41% |
| 2023 | $147,500 | $217,748 | $365,248 | $297,224 | +$35,088 / +10.63% |
| 2024 | $118,000 | $236,808 | $354,808 | $326,946 | -$10,440 / -2.86% |
| 2025 | $109,740 | $259,594 | $369,334 | $359,641 | +$14,526 / +4.09% |
| 2026 | $84,960 | $256,512 | $341,472 | $341,472 | -$27,862 / -7.54% |
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 $298,000 − Current CAD Market Value $341,472 = Under CAD Value -$43,472 (-12.7%)
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 SPRING MEADOWS PH 1
A curated look at local favorites, everyday stops, and lifestyle context near this property.