- Henderson County
- Malakoff TX
- 75148
- Local Area: Point Lavista Sec 01
Property Overview
Enjoy peaceful living and relaxed lake side living in the serene and tree-lined Point Lavista subdivision. This incredible home at an unbelievable price offers unmatched value and a rare opportunity to create the lifestyle you want. Whether you are looking for full-time living, a vacation home, or weekend getaway, feel the stress of life melt away as you arrive at your cozy lakeside retreat with beautiful drive-up appeal. The adorable, covered porch leads into a massive living area with vaulted ceiling and soaring fireplace and water views! The huge living space can easily accommodate a second dining area and opens to the kitchen with island and ample counter and cabinet space and the breakfast room all with gorgeous views of spacious, well-maintained lawns and water views! Imagine waking up every morning in your primary suite overlooking the water with a door to the back and private bath. In addition, there are two spacious guest rooms, a well-appointed guest bath, and a very large laundry room leading to the oversized garage with a door to the side yard and fabulous built-in cabinets. The real magic begins when you step through one of two doors onto the unbelievable 63' x 11' deck with steps down to the yard. Imagine enjoying a quiet cup of morning coffee or entertaining family and friends with a lakeside BBQ or fish fry! Wander through the lovely, treed backyard down to your own boathouse complete with storage, sink, places for two jet skis, your boat, and a dining area! The Point LaVista Property Owners Association also offers a pool, tennis court, open-air pavillion, disc golf, boat ramp, and storage lot. This truly is a remarkable opportunity to capture the lake lifestyle in a beautiful neighborhood.
Featured spaces
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Property highlights
Year Built 1997
School District Malakoff Isd
HOA $175 Annually
Parking 2-car garage, 2 covered
Architecture Traditional, Detached
Fireplace 1 Fireplaces
Neighborhood Point Lavista Sec 01
Full Property Details
Property Details
Quick Details
- Price $595,000
- Status Active
- Bedrooms 3
- Bathrooms 2
- Square Feet 2,050 Sq Ft
- Lot Size 0.35 acres
- Lot Size Sq Ft 15,420
- Year Built 1997
- Price / Sq Ft $290 / Sq Ft
- MLS # 21410345
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Henderson
- Subdivision Point Lavista Sec 01
- Days on Market 0
Home Details
- Architectural Style Traditional, Detached
- Stories 1
- Levels One
- Full Baths 2
- Half Baths 0
- Foundation Slab
- Heating Central, Electric
- Cooling Central Air, Electric
- Property Attached No
Kitchen & Interior
- Appliances Dishwasher
- Interior Features Vaulted Ceilings
- Fireplaces 1
- Fireplace Features Masonry
Lot & Exterior
- Lot Features Waterfront
- Pool No
- Waterfront Features Lake Front, Waterfront
- View Features Water
Parking
- Parking Driveway, Garage Faces Front
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $10,445
- HOA Fee $175 Annually
- HOA Includes All Facilities
- Parcel Number 38650000116060
- Legal Description AB 241 MARCUS GARCIA SUR, POINT LA VISTA LT 1
- Tax Lot 116
Utilities
- Utilities Septic Available, Water Available
- Water Private
- Sewer Septic Tank
Schools
- School District Malakoff ISD
- Elementary Malakoff — Malakoff ISD
- Middle Malakoff — Malakoff ISD
- High Malakoff — Malakoff ISD
Listing Information
- Listing Agent Bob Gharis
- Brokerage Texas Premier Realty
- MLS Board NTREIS
- List Date 10/13/2026
- Source Updated 10/13/2026
- Last Updated 10/13/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 5488 Point LaVista
Henderson CAD (Pritchard & Abbott) records for 5488 Point LaVista, Malakoff, TX 75148 show a CAD market value of $836,939 and a net appraised value of $766,879. 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 Henderson CAD (Pritchard & Abbott) property-tax and appraisal records for 5488 Point LaVista, Malakoff, TX 75148, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Henderson CAD (Pritchard & Abbott) 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 $258,750 + Improvement Value $578,189 = CAD Market Value $836,939
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.
Building
Value: $578,189 Total Area: 3453 Sqft Living Area: 2051 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| LIVING AREA | LA | 2,050 Sqft |
| PORCH/COV | PO | 12 Sqft |
| PORCH/COV | PO | 232 Sqft |
| GARAGE/ATTACHED | GA | 528 Sqft |
| PORCH/WOOD/COVERED | PW | 630 Sqft |
| BOATHOUSE/LIFT | BH | 1 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 Malakoff ISD taxable value by $207,500 (from $766,879 net appraised value to $559,379 school taxable value). Current owner’s exemption, not guaranteed to transfer to buyer.
Statutory 10% limitation on annual increase in appraised value for qualifying residence homestead (Texas Tax Code § 23.23). This is an appraisal-stage limitation, not a local taxing jurisdiction exemption.
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 $836,939 − All Current CAD Reductions -$70,060 = Current Taxed Starting Point $766,879
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 (Malakoff ISD); current owner’s exemption, not guaranteed to transfer to buyer. Additional local taxing units on this record also show taxable-value reductions: Henderson Co R&b (-$25,000), Henderson County (-$25,000), Henderson Co Fm-fc (-$3,000), Trinity Valley Comm (-$15,000). Separate from -$70,060 10% homestead cap already reflected in the $766,879 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) |
|---|---|---|---|---|---|
|
Other Entity
HENDERSON CAD |
$766,879 | 0.0000 | $0 | — | $0 |
|
County
HENDERSON CO R&B |
$741,879 | 0.0177 | $136 | -$4 | $131 |
|
County
HENDERSON COUNTY |
$741,879 | 0.2846 | $2,182 | -$71 | $2,111 |
|
County
HENDERSON CO FM-FC |
$763,879 | 0.0412 | $316 | -$1 | $315 |
|
School District
MALAKOFF ISD |
$559,379 (H) | 0.9166 | $7,029 | -$1,902 | $5,127 |
|
Other Entity
TRINITY VALLEY COMM |
$751,879 | 0.1137 | $872 | -$17 | $855 |
(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) $10,535 − Est. Tax Reductions / Savings $1,996 = Est. Taxes (With Current Exemptions) $8,539
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $1,996. 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 $8,539 with the exemptions shown today and $10,535 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 | $115,000 | $381,642 | $496,642 | $481,852 | +$42,819 / +9.44% |
| 2022 | $258,750 | $484,313 | $743,063 | $528,543 | +$246,421 / +49.62% |
| 2023 | $258,750 | $540,637 | $799,387 | $579,897 | +$56,324 / +7.58% |
| 2024 | $258,750 | $578,189 | $836,939 | $636,387 | +$37,552 / +4.70% |
| 2025 | $258,750 | $578,189 | $836,939 | $698,526 | — |
| 2026 | $258,750 | $578,189 | $836,939 | $766,879 | — |
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 $595,000 − Current CAD Market Value $836,939 = Under CAD Value -$241,939 (-28.9%)
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 POINT LAVISTA SEC 01
A curated look at local favorites, everyday stops, and lifestyle context near this property.