- Dallas County
- Dallas TX
- 75224
- Local Area: Southern Hills
Property Overview
Bring your vision to this 3-bedroom, 2.5-bath Dallas home offering a versatile floorplan and plenty of opportunity to personalize. Formal living and dining rooms provide flexible spaces for entertaining, working, or everyday living. At the heart of the home, the inviting family room features a stately fireplace, creating a comfortable gathering space. The eat-in kitchen offers ample cabinet storage and generous counter space for meal preparation. The primary bedroom includes an ensuite bath with dual sinks, a separate shower, and a walk-in closet. Two additional bedrooms and a full bath provide flexibility, with the third bedroom also well suited for a home office, hobby room, or guest space. A spacious sunroom adds valuable bonus space that can be enjoyed year-round for relaxing, entertaining, or pursuing your favorite activities. This home presents a wonderful opportunity for buyers looking to update and make a space their own. Conveniently located in a desirable community with access to shopping, dining, parks, and major commuter routes.
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 1957
School District Dallas Isd
HOA No HOA
Pool Pool
Parking 2-car garage, 2 covered
Architecture Detached
Fireplace 1 Fireplaces
Neighborhood Southern Hills
Full Property Details
Property Details
Quick Details
- Price $340,000
- Status Active
- Bedrooms 3
- Bathrooms 3
- Square Feet 2,207 Sq Ft
- Lot Size 0.37 acres
- Lot Size Sq Ft 15,987
- Year Built 1957
- Price / Sq Ft $154 / Sq Ft
- MLS # 21304476
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Dallas
- Subdivision Southern Hills
- Days on Market 114
Home Details
- Full Baths 2
- Half Baths 1
- Foundation Slab
- Roof Composition
- Flooring Wood
- Heating Central
- Cooling Central Air
Kitchen & Interior
- Appliances Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater
- Interior Features Eat In Kitchen, Walk In Closets
- Fireplaces 1
- Fireplace Features Decorative, Gas
Lot & Exterior
- Pool Features Pool
Parking
- Parking Alley Access, Garage, Garage Door Opener
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $6,910
Utilities
- Utilities Sewer Available, Water Available
- Water Community Coop, Public
- Sewer Public Sewer
Schools
- Elementary Turneradel — Dallas ISD
- Middle Zan Wesley Holmes — Dallas ISD
- High Carter — Dallas ISD
Listing Information
- MLS Board NTREIS
- List Date 06/19/2026
- Source Updated 10/09/2026
- Last Updated 10/12/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 724 W Five Mile Parkway
Dallas Central Appraisal District records for 724 W Five Mile Parkway, Dallas, TX 75224 show a CAD market value of $310,310 and a net appraised value of $226,569. 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 724 W Five Mile Parkway, Dallas, TX 75224, 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 $240,310 = CAD Market Value $310,310
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: $240,310 Total Area: 2207 Sqft Living Area: 2207 Sqft
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| ATTACHED GARAGE | — | 500 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 $310,310 − All Current CAD Reductions -$83,741 = Current Taxed Starting Point $226,569
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 |
$6,256 | — | — | — | — |
|
School District
DALLAS ISD |
$0 (H) | — | — | — | — |
|
County
DALLAS COUNTY |
$81,256 | — | — | — | — |
|
College
DALLAS COLLEGE |
$81,256 | — | — | — | — |
|
Hospital District
PARKLAND HOSPITAL |
$81,256 | — | — | — | — |
(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 | $31,500 | $146,560 | $178,060 | $140,683 | +$27,400 / +18.19% |
| 2021 | $40,500 | $169,940 | $210,440 | $154,751 | +$32,380 / +18.18% |
| 2022 | $54,000 | $201,400 | $255,400 | $170,226 | +$44,960 / +21.36% |
| 2023 | $54,000 | $201,400 | $255,400 | $187,248 | — |
| 2024 | $48,000 | $226,410 | $274,410 | $205,972 | +$19,010 / +7.44% |
| 2025 | $70,000 | $240,310 | $310,310 | $226,569 | +$35,900 / +13.08% |
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 $340,000 − Current CAD Market Value $310,310 = Over CAD Value +$29,690 (+9.6%)
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 SOUTHERN HILLS
A curated look at local favorites, everyday stops, and lifestyle context near this property.