- Dallas County
- Garland TX
- 75043
- Local Area: Faulkner Point 7 Marina Del Sol 01
Property Overview
PRICE DECREASED...Discover this beautifully updated second-level 2 bedroom, 2 bath condo in a convenient Garland location near Lake Ray Hubbard. The inviting living room features stylish LVP flooring, a dramatic vaulted beamed ceiling, a wall of windows, and a ceiling fan, creating an open and comfortable atmosphere. The refreshed kitchen offers new stainless steel appliances quartz counter tops, designer lighting and updated cabinetry for a clean, modern look. Bedrooms are split layout for maximum privacy. It has a nice patio to enjoy those morning cups of coffee and a reserved parking spot comes with the unit. With improvements throughout, this move-in-ready home is an excellent choice for comfortable, low-maintenance living. Conveniently located near I-30 and the President George Bush Turnpike, with easy access to nearby shopping, dining, recreation, and surrounding communities. Don't miss the opportunity to own the charming updated condo.
Featured spaces
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Property highlights
Year Built 1982
School District Garland Isd
HOA $218 Monthly
Parking Additional Parking, On Site
Architecture ContemporaryModern,Traditional
Acreage Estate 1.28 acres
Fireplace 1 Fireplaces
Neighborhood Faulkner Point 7 Marina Del Sol 01
Full Property Details
Property Details
Quick Details
- Price $167,499
- Status Active
- Bedrooms 2
- Bathrooms 2
- Square Feet 978 Sq Ft
- Lot Size 1.28 acres
- Lot Size Sq Ft 55,713
- Year Built 1982
- Price / Sq Ft $171 / Sq Ft
- MLS # 21373090
Overview
- Property Type Residential
- Property Subtype Condominium
- County Dallas
- Subdivision Faulkner Point 7 Marina Del Sol 01
- Days on Market 41
Home Details
- Full Baths 2
- Half Baths 0
- Foundation Brick Mortar
- Flooring Luxury Vinyl Plank
- Cooling Central Air, Ceiling Fans
Kitchen & Interior
- Appliances Dishwasher, Disposal, Microwave
- Interior Features Decorative Designer Lighting Fixtures, High Speed Internet, Open Floorplan, Cable Tv, Vaulted Ceilings, Walk In Closets
- Fireplaces 1
- Fireplace Features Decorative
Parking
- Parking Additional Parking, On Site
- Covered Parking 0
- Attached Garage No
Taxes & HOA
- Annual Taxes $4,450
- HOA Fee $218 Monthly
- HOA Includes All Facilities, Association Management
Utilities
- Utilities Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Choice Of School — Garland ISD
- Middle Choice Of School — Garland ISD
- High Choice Of School — Garland ISD
Listing Information
- MLS Board NTREIS
- List Date 08/30/2026
- Source Updated 10/09/2026
- Last Updated 10/10/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 5705 Marvin Loving Drive #201
Dallas Central Appraisal District records for 5705 Marvin Loving Drive #201, Garland, TX 75043 show a CAD market value of $100,000 and a net appraised value of $100,000. 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 5705 Marvin Loving Drive #201, Garland, TX 75043, 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 $19,410 + Improvement Value $80,590 = CAD Market Value $100,000
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: $80,590 Total Area: 978 Sqft Living Area: 978 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.
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 $100,000 − All Current CAD Reductions $0 = Current Taxed Starting Point $100,000
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
GARLAND |
$89,000 | 0.6897 | $690 | -$76 | $614 |
|
School District
GARLAND ISD |
$0 (H) | 1.1709 | $1,171 | -$1,171 | $0 |
|
County
DALLAS COUNTY |
$80,000 | 0.2155 | $216 | -$43 | $172 |
|
College
DALLAS COLLEGE |
$80,000 | 0.1066 | $107 | -$21 | $85 |
|
Hospital District
PARKLAND HOSPITAL |
$80,000 | 0.2120 | $212 | -$42 | $170 |
(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) $2,395 − Est. Tax Reductions / Savings $1,354 = Est. Taxes (With Current Exemptions) $1,041
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $1,354. 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 $1,041 with the exemptions shown today and $2,395 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 | $7,280 | $94,720 | $102,000 | — | -$6,560 / -6.04% |
| 2022 | $19,410 | $127,290 | $146,700 | — | +$44,700 / +43.82% |
| 2023 | $19,410 | $127,290 | $146,700 | — | — |
| 2024 | $19,410 | $166,410 | $185,820 | — | +$39,120 / +26.67% |
| 2025 | $19,410 | $166,410 | $185,820 | — | — |
| 2026 | $19,410 | $80,590 | $100,000 | — | -$85,820 / -46.18% |
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 $167,499 − Current CAD Market Value $100,000 = Over CAD Value +$67,499 (+67.5%)
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 FAULKNER POINT 7 MARINA DEL SOL 01
A curated look at local favorites, everyday stops, and lifestyle context near this property.