---
document_type: "real_estate_listing_companion"
document_version: "property-markdown-v0.2"
mls_id: "21400301"
canonical_url: "https://www.steavycarter.com/mls/21400301/"
markdown_url: "https://www.steavycarter.com/mls/21400301.md"
address: "1632 Madrid Way, Rockwall, TX 75087"
status: "Active"
price_usd: 649000
bedrooms: 3
bathrooms: "3"
living_area_sqft: 3125
lot_acres: 0.23
year_built: 2022
school_district: "Rockwall ISD"
primary_image: "https://images.steavycarter.com/21400301-07.jpeg"
image_count: 36
has_video: false
has_3d_tour: true
listing_source_updated_at: "2026-10-29T23:58:32.000Z"
listing_context_updated_at: "2026-10-30 01:21:20"
publisher: "Steavy Carter Realtor – Dallas and Rockwall, Texas"
tags:
  - "Gated"
  - "Covered Parking"
  - "Rockwall ISD"
  - "Covered Patio"
---

# 1632 Madrid Way, Rockwall, TX 75087

**MLS 21400301 · $649,000 · Active · 3 beds · 3 baths · 3,125 Sq Ft · 0.23 acres**

## Explore the Visual Property Page

- [Complete visual property page](https://www.steavycarter.com/mls/21400301/)

## Current Status and Data Freshness

- **Status:** Active
- **Current list price:** $649,000
- **MLS/listing source updated:** October 29, 2026
- **ListingContext updated:** October 30, 2026
- **Important:** Price, availability, schools, taxes, and listing status can change. Confirm time-sensitive information before relying on it.

## Fast Answers

- **How much is 1632 Madrid Way?** $649,000.
- **How large is the home?** 3,125 Sq Ft.
- **How much land is included?** 0.23 acres.
- **How many bedrooms and bathrooms?** 3 bedrooms and 3 full bathrooms.
- **How much garage or covered parking is reported?** 2 garage spaces.
- **What school district serves the property?** Rockwall ISD. Buyers should verify current assignments directly with the district.
- **Are video and 3D tours available?** 3D tour only
- **What is the current CAD tax estimate?** Approximately $9,283 using the current recorded exemptions and rates. A buyer's future taxes may differ.

## Quick Facts

| Detail | Value |
|---|---|
| **MLS number** | 21400301 |
| **Price** | $649,000 |
| **Price per square foot** | $208 / Sq Ft |
| **Status** | Active |
| **Property type** | Residential / Condominium |
| **Bedrooms** | 3 |
| **Bathrooms** | 3 |
| **Living area** | 3,125 Sq Ft |
| **Lot size** | 0.23 acres |
| **Year built** | 2022 |
| **Garage / covered parking** | 2 garage spaces |
| **School district** | Rockwall ISD |
| **County** | Rockwall County |

## Property Highlights

- Gated
- Covered Parking
- Rockwall ISD
- Covered Patio

## Detailed Listing Facts

### Overview

- **Property Type**: Residential
- **Property Subtype**: Condominium
- **Property Condition**: Resale
- **Subdivision**: Ladera Rockwall Condos
- **Community**: Ladera Rockwall Condos
- **County**: Rockwall
- **Days on Market**: 26

### Home

- **Bedrooms**: 3
- **Bathrooms**: 3
- **Full Baths**: 3
- **Square Feet**: 3,125 Sq Ft
- **Price / Sq Ft**: $208 / Sq Ft
- **Year Built**: 2022
- **Stories**: 2
- **Levels**: Two
- **Construction**: Brick, Rock, Stone
- **Property Attached**: No

### Kitchen and Interior

- **Appliances**: Dishwasher, Disposal, Microwave
- **Interior Features**: Built In Features, Chandelier, Decorative Designer Lighting Fixtures, Eat In Kitchen, High Speed Internet, Kitchen Island, Vaulted Ceilings, Walk In Closets
- **Flooring**: Carpet, Tile
- **Heating**: Central
- **Cooling**: Central Air, Ceiling Fans
- **Fireplaces**: 1
- **Fireplace Features**: Living Room

### Lot and Exterior

- **Lot Size**: 0.23 acres
- **Lot Size Sq Ft**: 10,019
- **Lot Features**: Back Yard, Interior Lot, Lawn, Landscaped, Subdivision
- **Exterior Features**: Private Yard, Rain Gutters
- **Patio & Porch Features**: Covered
- **Fencing**: Metal
- **Pool**: No

### Parking and Garage

- **Parking**: Driveway, Garage Faces Front, Garage
- **Garage Spaces**: 2
- **Covered Parking**: 2
- **Attached Garage**: Yes

### MLS Tax and HOA Fields

- **Annual Taxes**: $9,726
- **HOA Fee**: $375 Monthly
- **HOA Includes**: All Facilities, Association Management
- **Parcel Number**: 000000103043
- **APN**: 000000103043
- **Legal Description**: LADERA AT ROCKWALL CONDOMINIUMS, LOT 30, .008
- **Tax Lot**: 30

### Schools

- **Elementary:** Dobbs · Rockwall ISD
- **Middle:** Herman E Utley · Rockwall ISD
- **High:** Rockwall · Rockwall ISD

### Listing Information

- **Listing Agent**: Sarah Naylor
- **Listing Brokerage**: Regal, REALTORS
- **MLS #**: 21400301
- **MLS Board**: NTREIS
- **List Date**: 2026-10-03
- **Source Updated**: 2026-10-29T23:58:32.000Z
- **Last Updated**: 2026-10-30 01:21:20

## Featured Spaces

### 1. Kitchen with Vaulted Beamed Ceiling
- **Room or area:** Kitchen
- **Caption:** Kitchen with vaulted beamed ceiling, center island, and open sight line to the living area
- **Image:** [https://images.steavycarter.com/21400301-07.jpeg](https://images.steavycarter.com/21400301-07.jpeg)

### 2. Front Exterior Elevation
- **Room or area:** Front Exterior
- **Caption:** Front exterior elevation featuring white brick facade, dark garage door, and architectural roofline
- **Image:** [https://images.steavycarter.com/21400301-02.jpeg](https://images.steavycarter.com/21400301-02.jpeg)

### 3. Covered Back Patio
- **Room or area:** Covered Patio
- **Caption:** Covered back patio featuring dark painted ceiling, outdoor furniture, and fenced yard view
- **Image:** [https://images.steavycarter.com/21400301-33.jpeg](https://images.steavycarter.com/21400301-33.jpeg)

### 4. Primary Bedroom
- **Room or area:** Primary Bedroom
- **Caption:** Primary bedroom featuring tray ceiling, crown molding, large windows with shutters, and hardwood flooring
- **Image:** [https://images.steavycarter.com/21400301-21.jpeg](https://images.steavycarter.com/21400301-21.jpeg)

### 5. Walk-in Closet
- **Room or area:** Walk-in Closet
- **Caption:** Walk-in closet featuring extensive shoe shelving, center island with drawers, and hanging rods
- **Image:** [https://images.steavycarter.com/21400301-25.jpeg](https://images.steavycarter.com/21400301-25.jpeg)

## Visual Property Index

The ListingContext record contains 36 analyzed public images. This compact index preserves room labels and captions without embedding every image.

| Photo | Room or area | Image title | Caption |
| ---: | --- | --- | --- |
| 1 | Front Exterior | [Front Exterior View](https://images.steavycarter.com/21400301-01.jpeg) | Front exterior view showing the white brick facade, driveway, and neighborhood context |
| 2 | Front Exterior | [Front Exterior Elevation](https://images.steavycarter.com/21400301-02.jpeg) | Front exterior elevation featuring white brick facade, dark garage door, and architectural roofline |
| 3 | Front Exterior | [Exterior Side Angle](https://images.steavycarter.com/21400301-03.jpeg) | Alternate front exterior angle showing roof pitch and driveway |
| 4 | Front Walkway | [Front Walkway](https://images.steavycarter.com/21400301-04.jpeg) | Concrete front walkway bordered by landscaping leading to the covered porch |
| 5 | Front Porch | [Covered Front Porch](https://images.steavycarter.com/21400301-05.jpeg) | Covered front porch featuring bench seating and dark painted ceiling |
| 6 | Front Porch | [Front Porch Seating Detail](https://images.steavycarter.com/21400301-06.jpeg) | Front porch seating area with decorative planters and dark trim |
| 7 | Kitchen | [Kitchen with Vaulted Beamed Ceiling](https://images.steavycarter.com/21400301-07.jpeg) | Kitchen with vaulted beamed ceiling, center island, and open sight line to the living area |
| 8 | Kitchen | [Kitchen Desk and Beverage Center](https://images.steavycarter.com/21400301-08.jpeg) | Kitchen wall featuring built-in desk space, glass-front upper cabinets, and a beverage refrigerator |
| 9 | Living Room | [Living Room Fireplace Wall](https://images.steavycarter.com/21400301-09.jpeg) | Living room featuring a fireplace with white mantel, glass patio doors, and hardwood flooring |
| 10 | Living Room | [Living Room Alternate Angle](https://images.steavycarter.com/21400301-10.jpeg) | Living room showing seating layout, dark display cabinet, and picture wall |
| 11 | Living Room | [Living Room to Kitchen View](https://images.steavycarter.com/21400301-11.jpeg) | Living room perspective looking toward the open kitchen and dining space |
| 12 | Kitchen | [Kitchen Island View](https://images.steavycarter.com/21400301-12.jpeg) | Kitchen featuring white cabinetry, quartz countertops, and center island |
| 13 | Kitchen | [Kitchen Range Wall](https://images.steavycarter.com/21400301-13.jpeg) | Kitchen range wall with gas cooktop, tile backsplash, and upper cabinetry |
| 14 | Kitchen | [Kitchen Double Ovens](https://images.steavycarter.com/21400301-14.jpeg) | Kitchen appliance wall featuring built-in double ovens and microwave |
| 15 | Dining Area | [Kitchen to Dining Perspective](https://images.steavycarter.com/21400301-15.jpeg) | Kitchen island overlooking the formal dining space and hardwood flooring |
| 16 | Dining Area | [Dining Area with Chandelier](https://images.steavycarter.com/21400301-16.jpeg) | Dining space featuring a crystal chandelier, round wooden table, and buffet server |
| 17 | Dining Room | [Formal Dining Room](https://images.steavycarter.com/21400301-17.jpeg) | Formal dining room featuring tray ceiling, plantation shutters, and chandelier |
| 18 | Bedroom | [Secondary Bedroom with Desk](https://images.steavycarter.com/21400301-18.jpeg) | Secondary bedroom featuring a daybed, writing desk, and window with shutters |
| 19 | Bedroom | [Secondary Bedroom Alternate Angle](https://images.steavycarter.com/21400301-19.jpeg) | Alternate view of secondary bedroom showing double entry doors and daybed |
| 20 | Bathroom | [Secondary Bathroom](https://images.steavycarter.com/21400301-20.jpeg) | Secondary bathroom featuring white vanity, subway tile tub surround, and gold fixtures |
| 21 | Primary Bedroom | [Primary Bedroom](https://images.steavycarter.com/21400301-21.jpeg) | Primary bedroom featuring tray ceiling, crown molding, large windows with shutters, and hardwood flooring |
| 22 | Primary Bedroom | [Primary Bedroom Bathroom Access](https://images.steavycarter.com/21400301-22.jpeg) | Primary bedroom showing double doors leading into the ensuite bathroom |
| 23 | Primary Bathroom | [Primary Bathroom Dual Vanities](https://images.steavycarter.com/21400301-23.jpeg) | Primary bathroom featuring dual vanities, gold-finish fixtures, framed mirrors, and marble-look tile flooring |
| 24 | Primary Bathroom | [Walk-in Shower](https://images.steavycarter.com/21400301-24.jpeg) | Walk-in shower featuring marble-look wall tile, built-in bench, and gold-finish shower system |
| 25 | Walk-in Closet | [Walk-in Closet](https://images.steavycarter.com/21400301-25.jpeg) | Walk-in closet featuring extensive shoe shelving, center island with drawers, and hanging rods |
| 26 | Bedroom | [Secondary Bedroom](https://images.steavycarter.com/21400301-26.jpeg) | Secondary bedroom featuring white tufted bed, desk, and plantation shutters |
| 27 | Bedroom | [Secondary Bedroom Vanity](https://images.steavycarter.com/21400301-27.jpeg) | Secondary bedroom showing vanity desk, framed mirror, and interior doors |
| 28 | Bonus Room | [Upstairs Bonus Room](https://images.steavycarter.com/21400301-28.jpeg) | Upstairs bonus room featuring sectional sofa, game table, and media setup |
| 29 | Bonus Room | [Bonus Room Alternate Angle](https://images.steavycarter.com/21400301-29.jpeg) | Upstairs bonus room showing media wall and hallway access |
| 30 | Bedroom | [Secondary Bedroom](https://images.steavycarter.com/21400301-30.jpeg) | Secondary bedroom featuring white bed frame, dual nightstands, and plantation shutters |
| 31 | Bedroom | [Secondary Bedroom Dresser](https://images.steavycarter.com/21400301-31.jpeg) | Secondary bedroom dresser with decorative mirror and lamp lighting |
| 32 | Bathroom | [Secondary Bathroom Vanity](https://images.steavycarter.com/21400301-32.jpeg) | Secondary bathroom featuring single vanity with gold mirror and tub-shower combination |
| 33 | Covered Patio | [Covered Back Patio](https://images.steavycarter.com/21400301-33.jpeg) | Covered back patio featuring dark painted ceiling, outdoor furniture, and fenced yard view |
| 34 | Backyard | [Backyard Lawn View](https://images.steavycarter.com/21400301-34.jpeg) | Backyard featuring lawn, metal fencing, and rear view of the covered patio |
| 35 | Backyard | [Side Yard](https://images.steavycarter.com/21400301-35.jpeg) | Side yard area showing exterior white brick wall and metal fence |
| 36 | Covered Patio | [Covered Patio Alternate Angle](https://images.steavycarter.com/21400301-36.jpeg) | Covered patio seating area looking toward double doors into the home |

## Property Video and 3D Tour

- **3D tour:** [Open the PropertyPanorama tour](https://www.propertypanorama.com/instaview/ntreis/21400301)

## Schools

- **Elementary:** Dobbs · Rockwall ISD
- **Middle:** Herman E Utley · Rockwall ISD
- **High:** Rockwall · Rockwall ISD

Buyers should verify current school assignments directly with Rockwall ISD before making decisions based on school zoning.

## Commute Context

- **DFW Airport:** approximately 44 mins (35.0 mi)
- **Dallas Love Field:** approximately 31 mins (24.7 mi)
- **Downtown Dallas:** approximately 29 mins (23.4 mi)
- **The Star in Frisco:** approximately 33 mins (26.4 mi)
- **PGA Frisco:** approximately 40 mins (31.8 mi)

Drive times are route-based estimates and may change with traffic, weather, road work, and route choice.

## Life Around the Property

The categories below are curated display groups. Their order is presentation order, not an objective ranking of the best places.

### Dining

- **Burger:** Rodeo Goat, Boots Burger
- **Fine Dining:** Bin 303, Culpepper Cattle Co.
- **Pizza:** Zanata, Luigi's Italian Cafe
- **Chef-Owned / Local Dining:** Eggsquisite Cafe, Wade's Landing
- **Farm-to-Table:** Wells Cattle Co. Burgers & Pies, The Oar House
- **Cocktail:** Beer Me Taproom, The Downing Bottles and Bites

### Errands

- **Nearby Gas:** 7-Eleven
- **Premium-Fuel Stop:** Love's Travel Stop
- **Pharmacy:** CVS Pharmacy, Walgreens Pharmacy
- **Bank:** American National Bank of Texas, Chase Bank
- **Urgent Care:** Texas Health Breeze Urgent Care
- **Grocery:** Kroger, H-E-B

### Activities

- **Parks & Recreation:** Harry Myers Park, Harry Myers Park East Pavilion
- **Clubs & Sports:** Harry Myers Disc Golf Course, Harry Myers Community Center
- **Adventure & Action:** Shenaniganz Entertainment Center, Escapology Escape Rooms Rockwall
- **Lifestyle & Music:** Huddin Homestead Fun Farm, A Dance to Remember

## CAD Tax and Valuation Summary

| Detail | Value |
|---|---|
| **CAD source** | Rockwall CAD (TrueProdigy) |
| **CAD PID** | 103043 |
| **Tax year** | 2026 |
| **Official CAD page** | [https://www.rockwallcad.com/property-detail/103043/2026](https://www.rockwallcad.com/property-detail/103043/2026) |
| **CAD market value** | $716,143 |
| **CAD land value** | $124,300 |
| **CAD improvement value** | $591,843 |
| **CAD appraised value** | $716,143 |
| **CAD net appraised / current taxed starting point** | $679,087 |
| **Estimated taxes before current exemptions** | $10,776.48 |
| **Current exemption impact** | -$1,493.66 |
| **Estimated taxes with current exemptions** | $9,282.82 |
| **Total tax rate** | 1.5869% |
| **Parcel size** | 0.2295 acres |

These figures describe the current public CAD record. A buyer’s future tax bill may differ based on exemptions, future appraised values, adopted tax rates, and other changes. This is not tax or legal advice.

## List Price vs. CAD Value

| Detail | Value |
|---|---|
| **List price** | $649,000 |
| **CAD market value** | $716,143 |
| **Difference** | -$67,143 Under CAD Value |

CAD market value is not the listing price, a lender appraisal, a prediction of the final sale price, or a future-tax guarantee. The comparison only shows the difference between the current asking price and the county appraisal district’s market-value record.

## CAD Details

| Detail | Value |
|---|---|
| **Legal description** | LADERA AT ROCKWALL CONDOMINIUMS, LOT 30, .0082% OWNERSHIP COMMON AREAS |
| **Total land value** | $124,300 |
| **Total market acres** | 0.2295 |
| **Current special-use reduction** | -$0 |
| **Total improvement value** | $591,843 |

### Taxing Units

| Taxing unit | Rate | Taxable value | Estimated tax with current exemptions | Estimated tax reduction |
| --- | --- | --- | --- | --- |
| City Of Rockwall | 0.258007% | $679,087 | $1,752.09 | $0.00 |
| Rockwall County | 0.262% | $679,087 | $1,779.21 | $0.00 |
| Rockwall ISD (H) | 1.0669% | $539,087 | $5,751.52 | -$1,493.66 |

(H) indicates the current record reflects a homestead-related school taxable-value reduction.

### Improvements

#### Residential

- **CAD assessed improvement value:** $591,843
- **Total area:** 3,937 Sq Ft
- **Living area:** 3,125 Sq Ft
- Main Area: 2,238 Sq Ft
- Main Area: 887 Sq Ft
- Attached Garage: 502 Sq Ft
- COVERED PORCH: 190 Sq Ft
- COVERED PORCH: 120 Sq Ft

### CAD Market Value History

| Year | CAD market value | Land value | Improvement value | Market YOY change |
| --- | --- | --- | --- | --- |
| 2020 | $20,400 | $20,400 | $0 | Baseline |
| 2021 | $60,936 | $60,936 | $0 | +$40,536 (+198.71%) |
| 2022 | $67,029 | $67,029 | $0 | +$6,093 (+10.00%) |
| 2023 | $326,500 | $97,462 | $229,038 | +$259,471 (+387.10%) |
| 2024 | $635,970 | $118,650 | $517,320 | +$309,470 (+94.78%) |
| 2025 | $617,352 | $113,000 | $504,352 | $-18,618 (-2.93%) |
| 2026 | $716,143 | $124,300 | $591,843 | +$98,791 (+16.00%) |

## Local Market Overview (City of Rockwall)

The City of Rockwall market shows a median sold price of $515,000 at $188 per square foot, with homes spending a median of 43 days on the market. Sellers are capturing 95.5% of their original asking price, and the typical home is closing 5.6% below its county assessed value. With a 56.4% seller concession rate and nearly 58% of active listings executing price cuts, buyers currently enjoy significant leverage in negotiations.

### Micro-Market Key Statistics

- **Market geography:** City of Rockwall, TX
- **Evaluation period:** Trailing 3 Months (Jun-Aug 2026)
- **Median closed sale price:** $515,000
- **Median days on market:** 43 days
- **Average sale-to-list ratio:** 95.54%
- **Months of inventory:** 5.38 months
- **Data source & generation:** market_insights (as of 2026-09-17 15:56:47)

## Contact and Request Information

Have questions about this home?

- [Open the complete property page to request information or schedule a showing](https://www.steavycarter.com/mls/21400301/)

## Sources, Methodology, and Limitations

- **Canonical visual property page:** [https://www.steavycarter.com/mls/21400301/](https://www.steavycarter.com/mls/21400301/)
- **Listing facts:** Public listing data normalized through ListingContext.
- **Property summary and Buyer Match:** Approved curated property analysis from `curatedContent`.
- **Visual observations:** Existing titles, captions, and room labels from `media.images.gallery[]` in ListingContext.
- **CAD context:** Public-safe Rockwall CAD information, when available.
- **Local context:** Curated Local Expert groups and route-based commute estimates.
- **3D tour:** [https://www.propertypanorama.com/instaview/ntreis/21400301](https://www.propertypanorama.com/instaview/ntreis/21400301)
- **Official CAD record:** [https://www.rockwallcad.com/property-detail/103043/2026](https://www.rockwallcad.com/property-detail/103043/2026)
- **Structured property data:** [View the property JSON-LD schema](https://www.steavycarter.com/mls/21400301/schema.json)
- **Publisher:** Steavy Carter Realtor – Dallas and Rockwall, Texas.

This Markdown companion is a public reading-layer projection, not a raw JSON dump. It omits owner, deed, protest, private prospecting, raw source-receipt, internal Worker, and internal identifier data. Listing status, price, schools, taxes, and availability should be verified before reliance.