- Rockwall County
- Royse City TX
- 75189
- Local Area: S MCFADIN
- 10+ Acres
- Acreage
- Royse City ISD
- Pond on Lot
Property Overview
SUBSTANTIAL PRICE ADJUSTMENT: CALL your INVESTORS Although there is a comfortable house with a large front porch and many trees the VALUE is in the LAND. Ready for acreage home DEVELOPMENT.
There is a Development for acreage homes Within a mile from this property. The house needs updating and some foundation work, it's pier and beam. But Again Value is in the land, There is a small pond at the back of the property. Property will be replated to Take the 12.01 acres from 16.01 acres. The house will be on the 12.01 acres. Good fences around the property if someone wants to buy for horses or cattle. Will need a 30 day leaseback.
If financing will need FHA 203K or Similar Conventional Program. Proposed Replat Sketch in Transactions.
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 1976
School District Royse City Isd
HOA No HOA
Parking Concrete, No Garage, Oversized
Pond Pond on Lot
Architecture Traditional,Detached
Acreage Estate 12 acres
Full Property Details
Property Details
PROPERTY HIGHLIGHTS
Quick Details
- Price $579,900
- Status Active
- Bedrooms 3
- Bathrooms 2
- Square Feet 1,608 Sq Ft
- Lot Size 12 acres
- Lot Size Sq Ft 522,720
- Year Built 1976
- Price / Sq Ft $361 / Sq Ft
- MLS # 21376938
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Rockwall
- Subdivision S MCFADIN
- Days on Market 47
Home Details
- Full Baths 2
- Half Baths 0
- Flooring Carpet, Vinyl
- Heating Central, Electric
- Cooling Central Air, Ceiling Fans, Electric
Kitchen & Interior
- Appliances Dishwasher, Electric Range, Electric Water Heater
- Interior Features High Speed Internet, Pantry
Lot & Exterior
- Lot Features Acreage, Pasture, Pond On Lot, Many Trees
- Fencing Full
Parking
- Parking Concrete, No Garage, Oversized
- Covered Parking 0
- Attached Garage No
Utilities
- Utilities Electricity Available, Phone Available, Septic Available, Water Available
- Water Community Coop
- Sewer Septic Tank
Schools
- Elementary Anita Scott — Royse City ISD
- Middle Royse City — Royse City ISD
- High Royse City — Royse City ISD
Listing Information
- MLS Board NTREIS
- List Date 09/04/2026
- Source Updated 10/20/2026
- Last Updated 10/21/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 878 S Munson Road
Rockwall CAD (TrueProdigy) records for 878 S Munson Road, Royse City, TX 75189 show a CAD market value of $660,641 and a net appraised value of $660,641. 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 878 S Munson Road, Royse City, TX 75189, 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 $624,507 + Improvement Value $36,134 = CAD Market Value $660,641
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: $85,335 Total Area: 2188 Sqft Living Area: 1608 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 1,608 Sqft |
| ATTACHED GARAGE | AG | 460 Sqft |
| COVERED PORCH | CP | 120 Sqft |
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| DETACHED CARPORT | Code: DC · Class: E1 · Built 2021 | 800 Sqft |
| BARN | Code: BN · Class: E1 · Built 1983 | 2,000 Sqft |
| BARN | Code: BN · Class: E3 | 1,500 Sqft |
| STORAGE | Code: ST · Class: E1 | 200 Sqft |
| COVERED PORCH | Code: CP · Class: E1 | 500 Sqft |
| STORAGE | Code: ST · Class: E1 | 80 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 an Over-65 senior citizen 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 $660,641 − All Current CAD Reductions $0 = Current Taxed Starting Point $660,641
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
ROCKWALL COUNTY |
$625,641 | 0.2510 | $1,658 | -$1,428 | $230 |
|
School District
ROYSE CITY ISD |
$551,428 (H) | 1.2552 | $8,292 | -$1,371 | $6,922 |
(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) $9,951 − Est. Tax Reductions / Savings $2,799 = Est. Taxes (With Current Exemptions) $7,151
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $2,799. 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 $7,151 with the exemptions shown today and $9,951 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 | $235,390 | $75,059 | $310,449 | $308,150 | — |
| 2022 | $560,460 | $92,269 | $652,729 | $603,537 | +$342,280 / +110.25% |
| 2023 | $616,501 | $49,315 | $665,816 | $660,607 | +$13,087 / +2.00% |
| 2024 | $616,501 | $49,315 | $665,816 | $665,816 | — |
| 2025 | $800,650 | $54,203 | $854,853 | $786,976 | +$189,037 / +28.39% |
| 2026 | $624,507 | $36,134 | $660,641 | $660,641 | -$194,212 / -22.72% |
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 $579,900 − Current CAD Market Value $660,641 = Under CAD Value -$80,741 (-12.2%)
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 S MCFADIN
A curated look at local favorites, everyday stops, and lifestyle context near this property.