- Henderson County
- Payne Springs TX
- 75156
- Local Area: Cherokee Hills
Property Overview
Open-water frontage on Cedar Creek Lake with wide sunset views that has been thoughtfully maintained. This split-plan home has a living room with a fireplace, an open kitchen and dining area, a guest bedroom, and a flex room that works as a third bedroom, office, or guest space. The primary suite sits on its own side of the house with lake views, a walk-in closet, and a private bath. A glass-enclosed, climate-controlled sunroom puts the lake in view year-round, and on nice days you can open the windows for the breeze. Step out to the multi-level deck for grilling and evening sunsets, then follow the tree-shaded path to the boathouse with its private boat lift and lower-level fishing area. The upper sundeck adds panoramic lake views. Ready for full-time living or a weekend escape. Seller purchased in 2026 and is selling only due to an out-of-state job relocation.
Featured spaces
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Property highlights
Year Built 1984
School District Mabank Isd
HOA No HOA
Parking 2-car garage, 2 covered
Architecture Detached
Fireplace 1 Fireplaces
Neighborhood Cherokee Hills
Full Property Details
Property Details
Quick Details
- Price $520,000
- Status Active
- Bedrooms 3
- Bathrooms 2
- Square Feet 1,722 Sq Ft
- Lot Size 0.22 acres
- Lot Size Sq Ft 9,365
- Year Built 1984
- Price / Sq Ft $302 / Sq Ft
- MLS # 21421339
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Henderson
- Subdivision Cherokee Hills
- Days on Market 1
Home Details
- Architectural Style Detached
- Stories 1
- Levels One
- Full Baths 2
- Half Baths 0
- Property Attached No
Kitchen & Interior
- Appliances Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
- Interior Features High Speed Internet, Paneling Wainscoting, Natural Woodwork
- Laundry Features Washer Hookup, Dryer Hookup
- Fireplaces 1
- Fireplace Features Decorative, Electric, Masonry
- Window Features Bay Windows
Lot & Exterior
- Pool No
- Waterfront Features Boat Dock Slip, Lake Front
Parking
- Parking Driveway, Garage Faces Front, Garage, Garage Door Opener, Parking Pad
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $7,419
- Parcel Number 23800000009058
- Legal Description AB 59 J P BROWN SUR, CHEROKEE HILLS, LT 9
- Tax Lot 9
Utilities
- Utilities Cable Available, Sewer Available, Water Available
- Water Public
- Sewer Public Sewer
Schools
- School District Mabank ISD
- Elementary Mabank — Mabank ISD
- Elementary Mabank — Mabank ISD
- Middle Mabank — Mabank ISD
- High Mabank — Mabank ISD
- High Mabank — Mabank ISD
Listing Information
- Listing Agent Benjamin HOOPES
- Brokerage Homebody RE, LLC
- MLS Board NTREIS
- List Date 10/26/2026
- Source Updated 10/29/2026
- Last Updated 10/29/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 10118 Lakeview Street
Henderson CAD (Pritchard & Abbott) records for 10118 Lakeview Street, Payne Springs, TX 75156 show a CAD market value of $466,695 and a net appraised value of $427,380. 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 10118 Lakeview Street, Payne Springs, TX 75156, 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 $183,000 + Improvement Value $283,695 = CAD Market Value $466,695
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.
MAIN DWELLING
Value: $283,695 Total Area: 2480 Sqft Living Area: 1480 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| LIVING AREA | LA | 1,480 Sqft |
| PORCH/COV | PO | 80 Sqft |
| GARAGE/ATTACHED | GA | 440 Sqft |
| WOOD DECK | WD | 288 Sqft |
| PORCH/GLASS ENCL | PG | 192 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 Mabank ISD taxable value by $200,000 (from $427,380 net appraised value to $227,380 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 $466,695 − All Current CAD Reductions -$39,315 = Current Taxed Starting Point $427,380
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 (Mabank 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), City Of Payne Springs (-$30,869), Trinity Valley Comm (-$15,000). Separate from -$39,315 10% homestead cap already reflected in the $427,380 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 |
$427,380 | 0.0000 | $0 | — | $0 |
|
Emergency Services District (ESD)
EMERGENCY SVS DIST #2 |
$427,380 | 0.0762 | $326 | — | $326 |
|
County
HENDERSON CO R&B |
$402,380 | 0.0177 | $76 | -$4 | $71 |
|
County
HENDERSON COUNTY |
$402,380 | 0.2846 | $1,216 | -$71 | $1,145 |
|
County
HENDERSON CO FM-FC |
$424,380 | 0.0412 | $176 | -$1 | $175 |
|
School District
MABANK ISD |
$227,380 (H) | 0.9351 | $3,996 | -$1,870 | $2,126 |
|
City
CITY OF PAYNE SPRINGS |
$396,511 | 0.2717 | $1,161 | -$84 | $1,077 |
|
Other Entity
TRINITY VALLEY COMM |
$412,380 | 0.1137 | $486 | -$17 | $469 |
(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) $7,437 − Est. Tax Reductions / Savings $2,048 = Est. Taxes (With Current Exemptions) $5,389
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $2,048. 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 $5,389 with the exemptions shown today and $7,437 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 | $109,800 | $159,362 | $269,162 | $269,162 | +$12,224 / +4.76% |
| 2022 | $183,000 | $225,802 | $408,802 | $295,076 | +$139,640 / +51.88% |
| 2023 | $183,000 | $266,538 | $449,538 | $323,584 | +$40,736 / +9.96% |
| 2024 | $183,000 | $283,695 | $466,695 | $354,942 | +$17,157 / +3.82% |
| 2025 | $183,000 | $283,695 | $466,695 | $389,436 | — |
| 2026 | $183,000 | $283,695 | $466,695 | $427,380 | — |
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 $520,000 − Current CAD Market Value $466,695 = Over CAD Value +$53,305 (+11.4%)
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 CHEROKEE HILLS
A curated look at local favorites, everyday stops, and lifestyle context near this property.