- Hunt County
- Royse City TX
- 75189
- Local Area: Valor Farms Ph 2
Property Overview
Welcome to this spacious four-bedroom, two-bath home. The heart of the home is the oversized kitchen, featuring abundant cabinet and counter space along with a huge center island. The open layout offers generously sized living areas, while the four bedrooms provide flexibility for guests, a home office, or a growing household. Step outside to enjoy the large backyard, highlighted by an attractive brick retaining wall and plenty of space for outdoor dining, entertaining, pets, or play. Located in a desirable community with access to a neighborhood pool, walking trails, and parks, this home also offers convenient proximity to shopping, restaurants, and everyday necessities.
Featured spaces
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Property highlights
Year Built 2022
School District Royse City Isd
HOA $570 Annually
Parking 2-car garage, 2 covered
Architecture Detached
Neighborhood Valor Farms Ph 2
Full Property Details
Property Details
Quick Details
- Price $254,900
- Status Active
- Bedrooms 4
- Bathrooms 2
- Square Feet 2,086 Sq Ft
- Lot Size 0.14 acres
- Lot Size Sq Ft 6,229
- Year Built 2022
- Price / Sq Ft $122 / Sq Ft
- MLS # 21340169
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Hunt
- Subdivision Valor Farms Ph 2
- Days on Market 91
Home Details
- Full Baths 2
- Half Baths 0
Kitchen & Interior
- Appliances Gas Oven, Microwave, Washer
- Interior Features Kitchen Island, Open Floorplan
Parking
- Parking Driveway
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $8,087
- HOA Fee $570 Annually
- HOA Includes Association Management, Maintenance Grounds
Utilities
- Utilities Sewer Available, Water Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Davis — Royse City ISD
- Middle Ouida Baley — Royse City ISD
- High Royse City — Royse City ISD
Listing Information
- MLS Board NTREIS
- List Date 07/23/2026
- Source Updated 10/22/2026
- Last Updated 10/22/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 309 Banner Avenue
Hunt CAD (TrueProdigy) records for 309 Banner Avenue, Royse City, TX 75189 show a CAD market value of $300,227 and a net appraised value of $300,227. 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 Hunt CAD (TrueProdigy) property-tax and appraisal records for 309 Banner Avenue, Royse City, TX 75189, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Hunt CAD (TrueProdigy) 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 $45,106 + Improvement Value $255,121 = CAD Market Value $300,227
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: $255,121 Total Area: 2652 Sqft Living Area: 2086 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 2,086 Sqft |
| ATTACHED | GA | 380 Sqft |
| OPEN PORCH W/ROOF | PO | 114 Sqft |
| OPEN PORCH W/ROOF | PO | 72 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.
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 $300,227 − All Current CAD Reductions $0 = Current Taxed Starting Point $300,227
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) |
|---|---|---|---|---|---|
|
County
HUNT COUNTY |
$300,227 | 0.3332 | $1,000 | — | $1,000 |
|
Other Entity
HUNT MEMORIAL HD |
$300,227 | 0.2072 | $622 | — | $622 |
|
School District
ROYSE CITY ISD |
$160,227 (H) | 1.2552 | $3,768 | -$1,757 | $2,011 |
|
Municipal Utility District (MUD)
VERANDAH MUD OF HUNT CO |
$300,227 | 0.8500 | $2,552 | — | $2,552 |
(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.
Special District Context
- Municipal Utility District (MUD): A special-purpose district that may appear as a separate taxing entity.
6. Estimated Tax Bottom Line
Est. Taxes (No Exemptions) $7,943 − Est. Tax Reductions / Savings $1,757 = Est. Taxes (With Current Exemptions) $6,186
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $1,757. 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 $6,186 with the exemptions shown today and $7,943 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 |
|---|---|---|---|---|---|
| 2022 | $39,000 | — | $39,000 | $39,000 | — |
| 2023 | $45,110 | $211,260 | $256,370 | $256,370 | +$217,370 / +557.36% |
| 2024 | $45,110 | $256,920 | $302,030 | $302,030 | +$45,660 / +17.81% |
| 2025 | $45,110 | $260,560 | $305,670 | $305,670 | +$3,640 / +1.21% |
| 2026 | $45,106 | $255,121 | $300,227 | $300,227 | -$5,443 / -1.78% |
| 2027 | — | — | — | — | — |
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 $254,900 − Current CAD Market Value $300,227 = Under CAD Value -$45,327 (-15.1%)
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 VALOR FARMS PH 2
A curated look at local favorites, everyday stops, and lifestyle context near this property.