- Rockwall County
- Fate TX
- 75087
- Local Area: Woodcreek Ph 8d
- Rockwall ISD
- Covered Parking
- Custom Cabinetry / Millwork
- Game Room
- Media Room
- Covered Patio / Porch
- Circular Driveway
- Home Theater
Property Overview
Top-rated Rockwall ISD! Whole House Water Softener! EV Charger!
Experience luxury living in this like-new home! From the moment you enter, you’ll be welcomed by soaring ceilings that flow seamlessly from the entry into the spacious living room. The open-concept design boasts elegant flooring throughout, a gourmet kitchen with quartz countertops, stainless steel appliances, and custom cabinetry.
First Floor: The primary suite features a spa-like bathroom and a generous walk-in closet. You’ll also find a private guest bedroom with its own bath and a dedicated office—perfect for working from home.
Second Floor: Two additional bedrooms share a Jack & Jill bathroom, complemented by a media room and a game room—ideal for family fun and kids’ play.
Step outside to a covered patio and an oversized backyard, perfect for entertaining or simply unwinding.
The community offers top tier amenities, including a resort-style Pool & Splash Are:
A beautifully designed pool with lounge areas, perfect for unwinding on sunny days. , scenic pond, dog park: fenced-in
areas where your furry friends can run and play., bike trails, and jogging paths. Ideally located near top-rated schools,
shopping, and dining.
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 2023
School District Rockwall ISD
HOA $360 SemiAnnually
Parking 2-car garage, 2 covered
Architecture Traditional,Detached
Outdoor Living Covered Patio / Porch
Neighborhood Woodcreek Ph 8d
Full Property Details
Property Details
PROPERTY HIGHLIGHTS
Quick Details
- Price $525,000
- Status Active
- Bedrooms 4
- Bathrooms 3
- Square Feet 3,058 Sq Ft
- Lot Size 0.17 acres
- Lot Size Sq Ft 7,579
- Year Built 2023
- Price / Sq Ft $172 / Sq Ft
- MLS # 21417674
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Rockwall
- Subdivision Woodcreek Ph 8d
- Days on Market 1
Home Details
- Full Baths 3
- Half Baths 0
- Foundation Slab
- Roof Composition
- Flooring Carpet, Hardwood, Tile
- Heating Central, Natural Gas
- Cooling Ceiling Fans, Electric
Kitchen & Interior
- Appliances Dryer, Dishwasher, Electric Range, Gas Cooktop, Disposal, Microwave, Refrigerator, Water Softener, Tankless Water Heater
- Interior Features Decorative Designer Lighting Fixtures, Eat In Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Smart Home, Cable Tv, Vaulted Ceilings, Walk In Closets
Lot & Exterior
- Fencing Wood
Parking
- Parking Garage Faces Front, Garage, Garage Door Opener
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- HOA Fee $360 SemiAnnually
- HOA Includes All Facilities, Association Management
Utilities
- Utilities Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Billie Stevenson — Rockwall ISD
- Middle Herman E Utley — Rockwall ISD
- High Rockwall — Rockwall ISD
Listing Information
- MLS Board NTREIS
- List Date 10/22/2026
- Source Updated 10/22/2026
- Last Updated 10/23/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 707 Gatecrest Drive
Rockwall CAD (TrueProdigy) records for 707 Gatecrest Drive, Fate, TX 75087 show a CAD market value of $516,762 and a net appraised value of $516,762. 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 707 Gatecrest Drive, Fate, TX 75087, 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 $100,000 + Improvement Value $416,762 = CAD Market Value $516,762
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: $416,762 Total Area: 3512 Sqft Living Area: 2877 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 2,047 Sqft |
| MAIN AREA | MA | 830 Sqft |
| ATTACHED GARAGE | AG | 459 Sqft |
| COVERED PORCH | CP | 51 Sqft |
| COVERED PORCH | CP | 125 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 $516,762 − All Current CAD Reductions $0 = Current Taxed Starting Point $516,762
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 FATE |
$516,762 | 0.2909 | $1,503 | — | $1,503 |
|
County
ROCKWALL COUNTY |
$516,762 | 0.2510 | $1,297 | — | $1,297 |
|
Municipal Utility District (MUD)
RW CO MUD8 |
$516,762 | 0.7500 | $3,876 | — | $3,876 |
|
School District
ROCKWALL ISD |
$376,762 (H) | 1.0669 | $5,513 | -$1,494 | $4,020 |
(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.
Special District Context
- Municipal Utility District (MUD): A special-purpose district that may appear as a separate taxing entity.
6. Estimated Tax Bottom Line
Est. Taxes (No Exemptions) $12,189 − Est. Tax Reductions / Savings $1,494 = Est. Taxes (With Current Exemptions) $10,696
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 $10,696 with the exemptions shown today and $12,189 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 |
|---|---|---|---|---|---|
| 2023 | $66,000 | — | $66,000 | $66,000 | — |
| 2024 | $100,000 | $390,545 | $490,545 | $490,545 | +$424,545 / +643.25% |
| 2025 | $100,000 | $392,948 | $492,948 | $492,948 | +$2,403 / +0.49% |
| 2026 | $100,000 | $416,762 | $516,762 | $516,762 | +$23,814 / +4.83% |
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 $525,000 − Current CAD Market Value $516,762 = Over CAD Value +$8,238 (+1.6%)
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 WOODCREEK PH 8D
A curated look at local favorites, everyday stops, and lifestyle context near this property.