- Rockwall County
- Royse City TX
- 75189
- Local Area: Frost Farm
Property Overview
Assumable 2.99% interest rate! Welcome to 148 Lisa Lane, where space, comfort, and convenience come together in the heart of Royse City. Built in 2021, this spacious home offers approximately 3,111 square feet with 4 bedrooms, 3.5 baths, and a 2-car garage, along with a versatile two-story layout designed for everyday living and entertaining. Ideally located just minutes from I-30, you'll enjoy easy access to the growing selection of shopping, dining, and entertainment throughout Royse City, Fate, and Rockwall. With major highways and everyday conveniences close by, this home offers the space and comfort of Royse City living without sacrificing accessibility to the surrounding DFW area
Featured spaces
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Property highlights
Year Built 2021
School District Royse City Isd
HOA $485 Annually
Parking 2-car garage, 2 covered
Architecture Traditional, Detached
Neighborhood Frost Farm
Full Property Details
Property Details
Quick Details
- Price $335,000
- Status Active
- Bedrooms 4
- Bathrooms 4
- Square Feet 3,111 Sq Ft
- Lot Size 0.15 acres
- Lot Size Sq Ft 6,621
- Year Built 2021
- Price / Sq Ft $108 / Sq Ft
- MLS # 21364361
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- Property Condition Resale
- County Rockwall
- Subdivision Frost Farm
- Days on Market 44
Home Details
- Architectural Style Traditional, Detached
- Stories 2
- Levels Two
- Full Baths 3
- Half Baths 1
- Construction Brick, Rock, Stone
- Foundation Slab
- Roof Composition
- Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank
- Heating Central, Electric
- Cooling Central Air, Electric
- Property Attached No
Kitchen & Interior
- Appliances Dishwasher, Electric Range, Gas Cooktop, Disposal, Tankless Water Heater
- Interior Features High Speed Internet, Smart Home, Walk In Closets
- Laundry Features Washer Hookup, Dryer Hookup
Lot & Exterior
- Fencing Wood
- Pool No
Parking
- Parking Garage Faces Front, Garage, Garage Door Opener
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $9,141
- HOA Fee $485 Annually
- HOA Includes Association Management, Maintenance Structure
- Community Features Trails Paths
- Parcel Number 000000071912
- Legal Description FROST FARM, BLOCK E, LOT 14
- Tax Block E
- Tax Lot 14
Utilities
- Utilities Sewer Available, Water Available
- Water Public
- Sewer Public Sewer
Schools
- School District Royse City ISD
- Elementary Fort — Royse City ISD
- Middle Ouida Baley — Royse City ISD
- High Royse City — Royse City ISD
Listing Information
- Listing Agent Nick Termini
- Brokerage CENTURY 21 Judge Fite Co.
- MLS Board NTREIS
- List Date 08/19/2026
- Source Updated 10/02/2026
- Last Updated 10/07/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 148 Lisa Lane
Rockwall CAD records for 148 Lisa Lane, Royse City, TX 75189 show a CAD market value of $396,594 and a net appraised value of $396,594. 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 148 Lisa Lane, Royse City, TX 75189, 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 $72,250 + Improvement Value $324,344 = CAD Market Value $396,594
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: $324,344 Total Area: 3845 Sqft Living Area: 3111 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 1,919 Sqft |
| MAIN AREA | MA | 1,192 Sqft |
| ATTACHED GARAGE | AG | 441 Sqft |
| COVERED PORCH | CP | 40 Sqft |
| COVERED PORCH | CP | 253 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 $396,594 (from $396,594 net appraised value to $0 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 $396,594 − All Current CAD Reductions $0 = Current Taxed Starting Point $396,594
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. Additional local taxing units on this record also show taxable-value reductions: City Of Royse City (-$396,594), Rockwall County (-$396,594).
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 ROYSE CITY |
$0 | 0.5780 | $2,292 | -$2,292 | $0 |
|
County
ROCKWALL COUNTY |
$0 | 0.2510 | $995 | -$995 | $0 |
|
School District
ROYSE CITY ISD |
$0 (H) | 1.2552 | $4,978 | -$4,978 | $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) $8,266 − Est. Tax Reductions / Savings $8,266 = Est. Taxes (With Current Exemptions) $0
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $8,266. 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 $8,266 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 | $85,000 | — | $85,000 | $85,000 | +$80,440 / +1,764.04% |
| 2022 | $83,300 | $338,030 | $421,330 | $421,330 | +$336,330 / +395.68% |
| 2023 | $91,800 | $341,377 | $433,177 | $433,177 | +$11,847 / +2.81% |
| 2024 | $85,000 | $346,224 | $431,224 | $431,224 | -$1,953 / -0.45% |
| 2025 | $85,000 | $353,595 | $438,595 | $438,595 | +$7,371 / +1.71% |
| 2026 | $72,250 | $324,344 | $396,594 | $396,594 | -$42,001 / -9.58% |
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 $335,000 − Current CAD Market Value $396,594 = Under CAD Value -$61,594 (-15.5%)
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 FROST FARM
A curated look at local favorites, everyday stops, and lifestyle context near this property.