- Dallas County
- Dallas TX
- 75227
- Local Area: Buckner Terrace Add 4th Sec 4th In
Property Overview
Enjoy the close proximity to downtown Dallas, White Rock Lake and the Dallas Arboretum this Buckner Terrace home offers! An existing ASSUMABLE FHA mortgage offers qualified buyers the opportunity to ASSUME THE EXISTING MORTGAGE with an approximate balance of $336,000 at 4.99% APR, with total payment including PITI under $2,300! This is a rare opportunity to buy a home with interest a rate significantly below current market rates, subject to normal lender approval and FHA requirements. Located in desirable Buckner Terrace, this thoughtfully updated three-bedroom + office home offers almost 2,000 square feet of generous living spaces and a large, tree-shaded backyard. The renovated kitchen features ceiling-height white shaker cabinetry, slab granite countertops, subway tile backsplash, stainless steel appliances and replaced ceramic tile flooring. A large bay window fills the front living area with natural light, and features a wide cased openingto the inviting den with beamed ceiling, wood-burning fireplace, built-in bookshelves and cabinetry. The spacious primary suite offers two closets, including a walk-in, and an updated bath with tub, granite-topped vanity and separate dressing area. Two well-sized guest bedrooms share an updated hall bath. Luxury vinyl plank flooring extends through the living areas and hallway. Significant improvements include NEW PELLA WINDOWS & SLIDING PATIO DOORS representing an approximately $20,000 investment, replaced attic insulation, updated electrical service and panel, new gutters and a new patio covering designed to preserve natural light. The covered patio overlooks the large, fenced backyard with mature trees and a storage building, providing plenty of room to relax, garden or entertain. Two-car rear-entry garage.
Featured spaces
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Property highlights
Year Built 1969
School District Dallas Isd
HOA No HOA
Parking 2-car garage, 2 covered
Architecture ContemporaryModern,Traditional,Detached
Fireplace 1 Fireplaces
Neighborhood Buckner Terrace Add 4th Sec 4th In
Full Property Details
Property Details
Quick Details
- Price $375,000
- Status Active
- Bedrooms 3
- Bathrooms 2
- Square Feet 1,879 Sq Ft
- Lot Size 0.2 acres
- Lot Size Sq Ft 8,886
- Year Built 1969
- Price / Sq Ft $200 / Sq Ft
- MLS # 21292782
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Dallas
- Subdivision Buckner Terrace Add 4th Sec 4th In
- Days on Market 279
Home Details
- Full Baths 2
- Half Baths 0
- Foundation Pillar Post Pier
- Roof Composition
- Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank
- Heating Central, Natural Gas
- Cooling Central Air, Ceiling Fans, Electric
Kitchen & Interior
- Appliances Dishwasher, Electric Oven, Disposal
- Interior Features Built In Features, Decorative Designer Lighting Fixtures, Eat In Kitchen, Granite Counters, High Speed Internet, Pantry, Paneling Wainscoting, Cable Tv, Walk In Closets
- Fireplaces 1
- Fireplace Features Decorative, Electric, Wood Burning
Lot & Exterior
- Lot Features Back Yard, Interior Lot, Lawn, Landscaped, Many Trees
- Fencing Wood
Parking
- Parking Garage, Garage Door Opener, Garage Faces Rear
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $9,711
Utilities
- Utilities Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Frank Guzick — Dallas ISD
- Middle H.W. Lang — Dallas ISD
- High Skyline — Dallas ISD
Listing Information
- MLS Board NTREIS
- List Date 06/05/2026
- Source Updated 10/23/2026
- Last Updated 10/23/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 5131 Menefee Drive
Dallas Central Appraisal District records for 5131 Menefee Drive, Dallas, TX 75227 show a CAD market value of $434,490 and a net appraised value of $410,069. 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 5131 Menefee Drive, Dallas, TX 75227, 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 $70,000 + Improvement Value $364,490 = CAD Market Value $434,490
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: $364,490 Total Area: 1879 Sqft Living Area: 1879 Sqft
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| ATTACHED GARAGE | — | 528 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. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
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 $434,490 − All Current CAD Reductions -$24,421 = Current Taxed Starting Point $410,069
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 |
$328,056 | — | — | — | — |
|
School District
DALLAS ISD |
$229,063 (H) | — | — | — | — |
|
County
DALLAS COUNTY |
$328,056 | — | — | — | — |
|
College
DALLAS COLLEGE |
$328,056 | — | — | — | — |
|
Hospital District
PARKLAND HOSPITAL |
$328,056 | — | — | — | — |
(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
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 | $55,000 | $177,840 | $232,840 | $162,450 | +$1,680 / +0.73% |
| 2021 | $55,000 | $194,490 | $249,490 | — | +$16,650 / +7.15% |
| 2022 | $55,000 | $283,900 | $338,900 | — | +$89,410 / +35.84% |
| 2023 | $55,000 | $283,900 | $338,900 | — | — |
| 2024 | $70,000 | $364,490 | $434,490 | $372,790 | +$95,590 / +28.21% |
| 2025 | $70,000 | $364,490 | $434,490 | $410,069 | — |
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 $375,000 − Current CAD Market Value $434,490 = Under CAD Value -$59,490 (-13.7%)
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 BUCKNER TERRACE ADD 4TH SEC 4TH IN
A curated look at local favorites, everyday stops, and lifestyle context near this property.