- Rockwall County
- Rockwall TX
- 75032
- Local Area: Rockwall Lake Estate #1
Property Overview
NO HOA, giving you more flexibility and no monthly HOA dues. The seller’s current annual property taxes are approximately $3,400.
Conveniently located near popular shopping, dining and entertainment, including The Harbor Rockwall, Target and Costco. Enjoy easy access to Lake Ray Hubbard, I-30 and everything Rockwall has to offer.
Whether you’re looking for a place to call home or a great investment opportunity, this property could be an excellent addition to your rental portfolio. Rockwall continues to attract new residents and businesses, making it an appealing location for homeowners and investors.
NO HOA + approximately $3,400 in current annual property taxes + a convenient location = a great opportunity!
Buyer to independently verify taxes, exemptions, rental restrictions, and all other property information with the appropriate authorities.
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Property highlights
Year Built 1986
School District Rockwall Isd
HOA No HOA
Parking 1-car garage, 1 covered
Architecture Detached
Neighborhood Rockwall Lake Estate #1
Full Property Details
Property Details
Quick Details
- Price $260,000
- Status Active
- Bedrooms 3
- Bathrooms 2
- Square Feet 1,068 Sq Ft
- Lot Size 0.11 acres
- Lot Size Sq Ft 4,748
- Year Built 1986
- Price / Sq Ft $243 / Sq Ft
- MLS # 21353056
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Rockwall
- Subdivision Rockwall Lake Estate #1
- Days on Market 78
Home Details
- Architectural Style Detached
- Stories 1
- Levels One
- Full Baths 2
- Half Baths 0
- Property Attached No
Kitchen & Interior
- Interior Features Decorative Designer Lighting Fixtures, Open Floorplan, Other
Lot & Exterior
- Patio & Porch Features Deck
- Pool No
Parking
- Parking Driveway, Garage
- Garage Spaces 1
- Covered Parking 1
- Attached Garage Yes
Taxes & HOA
- Parcel Number 000000024310
Utilities
- Utilities Water Available
- Water Public
Schools
- School District Rockwall ISD
- Elementary Amanda Rochell — Rockwall ISD
- Middle Cain — Rockwall ISD
- High Rockwall — Rockwall ISD
Listing Information
- Listing Agent Jose Lopez
- Brokerage Home Start Realty, Inc
- MLS Board NTREIS
- List Date 08/06/2026
- Source Updated 10/23/2026
- Last Updated 10/23/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 579 Trout Street
Rockwall CAD records for 579 Trout Street, Rockwall, TX 75032 show a CAD market value of $170,495 and a net appraised value of $170,495. 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 579 Trout Street, Rockwall, 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 $65,600 + Improvement Value $104,895 = CAD Market Value $170,495
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: $104,895 Total Area: 1431 Sqft Living Area: 1068 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 1,068 Sqft |
| ATTACHED GARAGE | AG | 273 Sqft |
| COVERED PORCH | CP | 20 Sqft |
| COVERED PORCH | CP | 70 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 $170,495 net appraised value to $30,495 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 $170,495 − All Current CAD Reductions $0 = Current Taxed Starting Point $170,495
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 $170,495 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 ROCKWALL |
$170,495 | 0.2575 | $439 | — | $439 |
|
County
ROCKWALL COUNTY |
$170,495 | 0.2510 | $428 | — | $428 |
|
School District
ROCKWALL ISD |
$30,495 (H) | 1.0669 | $1,819 | -$1,494 | $325 |
(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) $2,686 − Est. Tax Reductions / Savings $1,494 = Est. Taxes (With Current Exemptions) $1,192
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 $1,192 with the exemptions shown today and $2,686 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 | $52,900 | $51,530 | $104,430 | $104,430 | -$15,690 / -13.06% |
| 2022 | $122,400 | $57,681 | $180,081 | $180,081 | +$75,651 / +72.44% |
| 2023 | $144,000 | $48,195 | $192,195 | $192,195 | +$12,114 / +6.73% |
| 2024 | $138,500 | $61,349 | $199,849 | $199,849 | +$7,654 / +3.98% |
| 2025 | $138,500 | $71,404 | $209,904 | $209,904 | +$10,055 / +5.03% |
| 2026 | $65,600 | $104,895 | $170,495 | $170,495 | -$39,409 / -18.77% |
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 $260,000 − Current CAD Market Value $170,495 = Over CAD Value +$89,505 (+52.5%)
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 ROCKWALL LAKE ESTATE #1
A curated look at local favorites, everyday stops, and lifestyle context near this property.