- Rockwall County
- Royse City TX
- 75189
- Local Area: Mercer Meadows
Property Overview
Discover the gourmet kitchen and open floor plan of the Laurel at Mercer Meadows, ready for move-in this December 2026. The kitchen features built-in appliances and a sunny breakfast nook, all overlooking a spacious living room. This layout creates an easy flow for daily life and hosting guests. The primary suite serves as a quiet retreat with a generous closet and plenty of natural light. Step outside to the extended covered patio, perfect for enjoying the Texas evenings. Located just two miles from I-30, this community offers incredible value with no MUD or PID taxes. Residents will soon enjoy a future pool, playground, fishing pond, and bike trails. This three-bedroom home includes a two-car garage and modern finishes throughout. Schedule your visit today! *Attached photos are representative of the floor plan and may depict non-standard features and upgrades. See community's New Home Consultant for details.*
Featured spaces
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Property highlights
Year Built 2026
School District Royse City Isd
HOA $480 Annually
Parking 2-car garage
Architecture Detached
Neighborhood Mercer Meadows
Full Property Details
Property Details
Quick Details
- Price $354,990
- Status Active
- Bedrooms 4
- Bathrooms 3
- Square Feet 1,947 Sq Ft
- Lot Size 0.14 acres
- Lot Size Sq Ft 6,000
- Year Built 2026
- Price / Sq Ft $182 / Sq Ft
- MLS # 21389748
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- Property Condition UnderConstruction
- County Rockwall
- Subdivision Mercer Meadows
- Days on Market 41
Home Details
- Architectural Style Detached
- Stories 1
- Levels One
- Full Baths 3
- Half Baths 0
- Property Attached No
Kitchen & Interior
- Appliances Dishwasher, Disposal, Microwave
- Interior Features Double Vanity, Kitchen Island, Open Floorplan, Other, Pantry, Walk In Closets
Lot & Exterior
- Pool No
Parking
- Parking Garage, Garage Door Opener
- Garage Spaces 2
- Covered Parking 0
- Attached Garage Yes
Taxes & HOA
- HOA Fee $480 Annually
- HOA Includes Association Management
- Parcel Number 334668
- Tax Block M
- Tax Lot 15
Utilities
- Utilities Other, Sewer Available, Water Available
- Water Public
- Sewer Public Sewer
Schools
- School District Royse City ISD
- Elementary Anita Scott — Royse City ISD
- Middle Ouida Baley — Royse City ISD
- High Royse City — Royse City ISD
Listing Information
- Listing Agent Dayton Schrader
- Brokerage eXp Realty LLC
- MLS Board NTREIS
- List Date 09/17/2026
- Source Updated 10/27/2026
- Last Updated 10/29/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 5508 Spieth Drive
Rockwall CAD (TrueProdigy) records for 5508 Spieth Drive, Royse City, TX 75189 show a CAD market value of $46,500 and a net appraised value of $46,500. 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 (TrueProdigy) property-tax and appraisal records for 5508 Spieth Drive, Royse City, TX 75189, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Rockwall CAD (TrueProdigy) 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 $46,500 + Improvement Value — = CAD Market Value $46,500
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 $46,500 − All Current CAD Reductions $0 = Current Taxed Starting Point $46,500
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 ROYSE CITY |
$46,500 | 0.6080 | $283 | — | $283 |
|
School District
ROYSE CITY ISD |
$46,500 | 1.2552 | $584 | — | $584 |
|
County
ROCKWALL COUNTY |
$46,500 | 0.2620 | $122 | — | $122 |
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) $988 − Est. Tax Reductions / Savings — = Est. Taxes (With Current Exemptions) $988
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 |
|---|---|---|---|---|---|
| 2025 | $62,000 | — | $62,000 | $62,000 | — |
| 2026 | $46,500 | — | $46,500 | $46,500 | -$15,500 / -25.00% |
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 $354,990 − Current CAD Market Value $46,500 = Over CAD Value +$308,490 (+663.4%)
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 MERCER MEADOWS
A curated look at local favorites, everyday stops, and lifestyle context near this property.