- Dallas County
- Dallas TX
- 75206
- Local Area: Shelby Residences
Property Overview
Perfect condo for an investor! Pristine Condo at The Shelby Residences in walking distance to SMU Campus, Restaurants, shopping-groceries, and the Dart Rail. The unit is located across from the Gym, owners lounge and the
outdoor Terrace. The unit overlooks the campus, Dallas Skyline, and has a 25-foot private Balcony to enjoy
the sunsets. Recent upgrades include carpet, lighting, paint, quartz counters, and plantation Shutters.
Secure entrance to Lobby requires a code to enter. Covered parking for 1 automobile, however, there is
additional parking in the front and across the street of the Dart Rail.
Featured spaces
HAVE QUESTIONS ABOUT THIS HOME?
Text or email Steavy directly from this listing.
HAVE QUESTIONS ABOUT THIS HOME?
Text or email Steavy directly from this listing.
Property highlights
Year Built 2008
School District Dallas Isd
HOA $521 Monthly
Parking 1-car garage, 1 covered
Architecture ContemporaryModern
Neighborhood Shelby Residences
Full Property Details
Property Details
Quick Details
- Price $285,000
- Status Active
- Bedrooms 2
- Bathrooms 2
- Square Feet 1,025 Sq Ft
- Lot Size 0.01 acres
- Lot Size Sq Ft 436 sq ft
- Year Built 2008
- Price / Sq Ft $278 / Sq Ft
- MLS # 21249679
Overview
- Property Type Residential
- Property Subtype Condominium
- County Dallas
- Subdivision Shelby Residences
- Days on Market 173
Home Details
- Full Baths 2
- Half Baths 0
- Foundation Other
- Roof Other
- Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank
- Heating Central, Electric
- Cooling Central Air, Electric
Kitchen & Interior
- Appliances Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator, Washer
- Interior Features Decorative Designer Lighting Fixtures, Granite Counters, High Speed Internet, Kitchen Island, Cable Tv, Walk In Closets
Lot & Exterior
- Exterior Features Balcony
Parking
- Parking Additional Parking, Assigned, Garage
- Garage Spaces 1
- Covered Parking 1
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $7,216
- HOA Fee $521 Monthly
- HOA Includes All Facilities, Maintenance Structure
Utilities
- Utilities Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Mockingbird — Dallas ISD
- Middle Long — Dallas ISD
- High Woodrow Wilson — Dallas ISD
Listing Information
- MLS Board NTREIS
- List Date 04/24/2026
- Source Updated 10/14/2026
- Last Updated 10/15/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 5609 Smu Boulevard #207
Dallas Central Appraisal District records for 5609 Smu Boulevard #207, Dallas, TX 75206 show a CAD market value of $322,880 and a net appraised value of $322,880. 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 Dallas Central Appraisal District property-tax and appraisal records for 5609 Smu Boulevard #207, Dallas, TX 75206, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Dallas Central Appraisal District 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 $34,300 + Improvement Value $288,580 = CAD Market Value $322,880
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: $288,580 Total Area: 1025 Sqft Living Area: 1025 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.
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 $322,880 − All Current CAD Reductions $0 = Current Taxed Starting Point $322,880
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
DALLAS |
$322,880 | — | — | — | — |
|
School District
DALLAS ISD |
$322,880 | — | — | — | — |
|
County
DALLAS COUNTY |
$322,880 | — | — | — | — |
|
College
DALLAS COLLEGE |
$322,880 | — | — | — | — |
|
Hospital District
PARKLAND HOSPITAL |
$322,880 | — | — | — | — |
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
Tax estimates are currently unavailable or not certified as a single unified scalar for this record. Tax rates and taxable values vary by taxing jurisdiction.
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 |
|---|---|---|---|---|---|
| 2020 | $34,300 | $244,500 | $278,800 | — | -$54,330 / -16.31% |
| 2021 | $34,300 | $244,500 | $278,800 | — | — |
| 2022 | $34,300 | $244,500 | $278,800 | — | — |
| 2023 | $34,300 | $244,500 | $278,800 | — | — |
| 2024 | $34,300 | $288,580 | $322,880 | — | +$44,080 / +15.81% |
| 2025 | $34,300 | $288,580 | $322,880 | — | — |
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 $285,000 − Current CAD Market Value $322,880 = Under CAD Value -$37,880 (-11.7%)
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 SHELBY RESIDENCES
A curated look at local favorites, everyday stops, and lifestyle context near this property.