- Rockwall County
- Rockwall TX
- 75032
- Local Area: Signal Ridge #3
Property Overview
This beautifully updated condo in the popular Signal Ridge community offers 1,578 square feet of inviting, light-filled space with a flexible layout that can serve as three bedrooms or two bedrooms and an office, along with two full baths.
In April 2025, the home went through a thoughtful refresh that included updated lighting in the kitchen and dining area. The primary bathroom was also updated with subway-tile shower walls, a refreshed tub surround, new countertops, sinks, and fixtures for a clean and modern look. Then in May 2025, laminate flooring was installed throughout the downstairs living areas and bedrooms, and fresh carpet was added to the stairs and upper level.
You’ll appreciate the two comfortable living areas that provide plenty of room to relax or entertain, along with a private back patio that’s perfect for quiet mornings or evening gatherings. The home also comes with two dedicated parking spaces for added convenience. Signal Ridge offers resort-style amenities with several pools, a lap pool, and a hot tub, all in an unbeatable location just a short walk from The Harbor in Rockwall, where you can enjoy lakeside dining, shopping, entertainment, and beautiful views of Lake Ray Hubbard.
The HOA is also investing in the community with major exterior updates underway, including roofs, chimneys, siding, trim, skylights, fascia, gutters, and more, making Signal Ridge look better than ever.
Featured spaces
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Property highlights
Year Built 1985
School District Rockwall Isd
HOA $435 Monthly
Pool Pool
Parking No Garage, Parking Lot
Fireplace 1 Fireplaces
Neighborhood Signal Ridge #3
Full Property Details
Property Details
Quick Details
- Price $215,000
- Status Activeundercontract
- Bedrooms 3
- Bathrooms 2
- Square Feet 1,578 Sq Ft
- Lot Size 0.11 acres
- Lot Size Sq Ft 4,661
- Year Built 1985
- Price / Sq Ft $136 / Sq Ft
- MLS # 21371131
Overview
- Property Type Residential
- Property Subtype Condominium
- County Rockwall
- Subdivision Signal Ridge #3
- Days on Market 55
Home Details
- Full Baths 2
- Half Baths 0
Kitchen & Interior
- Appliances Dryer, Dishwasher, Disposal, Refrigerator, Washer
- Interior Features Walk In Closets
- Fireplaces 1
- Fireplace Features Living Room
Lot & Exterior
- Pool Features Pool
Parking
- Parking No Garage, Parking Lot
- Covered Parking 0
- Attached Garage No
Taxes & HOA
- Annual Taxes $3,553
- HOA Fee $435 Monthly
- HOA Includes All Facilities, Association Management, Maintenance Grounds, Maintenance Structure
Utilities
- Utilities Sewer Available, Water Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Dorothy Smith Pullen — Rockwall ISD
- Middle Cain — Rockwall ISD
- High Heath — Rockwall ISD
Listing Information
- MLS Board NTREIS
- List Date 08/28/2026
- Source Updated 10/22/2026
- Last Updated 10/22/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 1118 Signal Ridge Place
Rockwall CAD (TrueProdigy) records for 1118 Signal Ridge Place, Rockwall, TX 75032 show a CAD market value of $235,935 and a net appraised value of $235,935. 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 Rockwall CAD (TrueProdigy) property-tax and appraisal records for 1118 Signal Ridge Place, Rockwall, TX 75032, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Rockwall 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 $125,125 + Improvement Value $110,810 = CAD Market Value $235,935
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.
RESIDENTIAL
Value: $114,368 Total Area: 1837 Sqft Living Area: 1578 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 1,578 Sqft |
| STORAGE | ST | 24 Sqft |
| BALCONY | BA | 170 Sqft |
| BALCONY | BA | 40 Sqft |
| COVERED PORCH | CP | 25 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 $235,935 − All Current CAD Reductions $0 = Current Taxed Starting Point $235,935
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
CITY OF ROCKWALL |
$235,935 | 0.2575 | $608 | — | $608 |
|
County
ROCKWALL COUNTY |
$235,935 | 0.2510 | $592 | — | $592 |
|
School District
ROCKWALL ISD |
$95,935 (H) | 1.0669 | $2,517 | -$1,494 | $1,024 |
(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) $3,717 − Est. Tax Reductions / Savings $1,494 = Est. Taxes (With Current Exemptions) $2,223
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $1,494. 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 $2,223 with the exemptions shown today and $3,717 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 | $64,200 | $97,697 | $161,897 | $161,897 | -$7,175 / -4.24% |
| 2022 | $100,000 | $118,120 | $218,120 | $178,087 | +$56,223 / +34.73% |
| 2023 | $120,000 | $108,252 | $228,252 | $195,896 | +$10,132 / +4.65% |
| 2024 | $137,500 | $130,405 | $267,905 | $215,486 | +$39,653 / +17.37% |
| 2025 | $137,500 | $130,405 | $267,905 | $237,035 | — |
| 2026 | $125,125 | $110,810 | $235,935 | $235,935 | -$31,970 / -11.93% |
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 $215,000 − Current CAD Market Value $235,935 = Under CAD Value -$20,935 (-8.9%)
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 SIGNAL RIDGE #3
A curated look at local favorites, everyday stops, and lifestyle context near this property.