- Dallas County
- Richardson TX
- 75080
- Local Area: Richardson Heights 03
Property Overview
Welcome to the Heights Park community where neighbors become best friends and life slows down. Spacious covered front porch and colorful Adriatic Sea front door welcome you to this updated 3 bedroom, 1 bath home just steps away from the Lockwood Dining district. Once inside you'll delight to refinished original hardwood floors flowing through a fresh color palette in today's pure whites. Open living-dining area with large double pane energy efficient windows allow natural light to pour in. Chef's kitchen that feels like sunshine-crisp white cabinetry, warm wood floors, and a leafy view above the sink. Fully renovated bath with jetted tub and custom built-ins. 3rd bedroom with French doors to wood deck would also make a great 2nd living area or office. Want more? Step out back to the huge back yard with two tier wood deck, shade trees, and cute storage building. HVAC replaced in 2018 with two-stage system and AccuClean whole-home air filtration for enhanced comfort and cleaner indoor air. Richardson Schools with Heights Elementary just down the street and plenty of dining choices nearby. Quick access to I-75 and George Bush Fwy.
Featured spaces
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Property highlights
Year Built 1955
School District Richardson Isd
HOA No HOA
Parking 1-car garage, 1 covered
Architecture Traditional,Detached
Neighborhood Richardson Heights 03
Full Property Details
Property Details
Quick Details
- Price $349,500
- Status Active
- Bedrooms 3
- Bathrooms 1
- Square Feet 1,236 Sq Ft
- Lot Size 0.19 acres
- Lot Size Sq Ft 8,320
- Year Built 1955
- Price / Sq Ft $283 / Sq Ft
- MLS # 21382491
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Dallas
- Subdivision Richardson Heights 03
- Days on Market 22
Home Details
- Full Baths 1
- Half Baths 0
- Foundation Pillar Post Pier
- Roof Composition
- Flooring Ceramic Tile, Wood
- Heating Central, Natural Gas
- Cooling Central Air, Ceiling Fans
Kitchen & Interior
- Appliances Some Gas Appliances, Built In Gas Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Plumbed For Gas, Refrigerator
- Interior Features Built In Features, Decorative Designer Lighting Fixtures, High Speed Internet, Cable Tv
Lot & Exterior
- Lot Features Interior Lot, Landscaped, Few Trees
- Exterior Features Storage
- Fencing Back Yard, Wood
Parking
- Parking Driveway, Garage Faces Front, Garage, Garage Door Opener
- Garage Spaces 1
- Covered Parking 1
- Attached Garage Yes
Utilities
- Utilities Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Richardson Heights — Richardson ISD
- Middle Richardson West — Richardson ISD
- High Richardson — Richardson ISD
Listing Information
- MLS Board NTREIS
- List Date 10/06/2026
- Source Updated 10/23/2026
- Last Updated 10/23/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 621 Lockwood Drive
Dallas Central Appraisal District records for 621 Lockwood Drive, Richardson, TX 75080 show a CAD market value of $365,360 and a net appraised value of $355,550. 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 621 Lockwood Drive, Richardson, TX 75080, 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 $125,000 + Improvement Value $240,360 = CAD Market Value $365,360
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: $240,360 Total Area: 1236 Sqft Living Area: 1236 Sqft
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| ATTACHED GARAGE | — | 252 Sqft |
| STORAGE BUILDING | — | 100 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 $365,360 − All Current CAD Reductions -$9,810 = Current Taxed Starting Point $355,550
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
RICHARDSON |
$195,550 | 0.5422 | $1,981 | -$921 | $1,060 |
|
School District
RICHARDSON ISD |
$119,995 (H) | 1.1052 | $4,038 | -$2,712 | $1,326 |
|
County
DALLAS COUNTY |
$184,440 | 0.2155 | $787 | -$390 | $397 |
|
College
DALLAS COLLEGE |
$184,440 | 0.1066 | $389 | -$193 | $197 |
|
Hospital District
PARKLAND HOSPITAL |
$184,440 | 0.2120 | $775 | -$384 | $391 |
(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) $7,970 − Est. Tax Reductions / Savings $4,599 = Est. Taxes (With Current Exemptions) $3,371
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $4,599. 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 $3,371 with the exemptions shown today and $7,970 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 | $75,000 | $145,770 | $220,770 | — | — |
| 2022 | $75,000 | $200,620 | $275,620 | $242,847 | +$54,850 / +24.84% |
| 2023 | $75,000 | $200,620 | $275,620 | $267,131 | — |
| 2024 | $100,000 | $232,450 | $332,450 | $293,844 | +$56,830 / +20.62% |
| 2025 | $100,000 | $232,450 | $332,450 | $323,228 | — |
| 2026 | $125,000 | $240,360 | $365,360 | $355,550 | +$32,910 / +9.90% |
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 $349,500 − Current CAD Market Value $365,360 = Under CAD Value -$15,860 (-4.3%)
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 RICHARDSON HEIGHTS 03
A curated look at local favorites, everyday stops, and lifestyle context near this property.