4012 Mediterranean Street Rockwall, TX 75087
- Rockwall County
- Rockwall TX
- 75087
- Local Area: Lakeside Village #1
Property Overview
LAKEFRONT LIVING IN ROCKWALL! Enjoy beautiful Lake Ray Hubbard views and a resort-inspired lifestyle in this well-maintained home in a gated community.
A front door with a glass accent welcomes you inside, where Spanish tile and wood flooring add warmth and character. The dining and living areas feature decorative lighting and a wood-burning brick fireplace, creating an inviting space to relax or entertain. The adjoining galley kitchen offers dark cabinetry, a stainless steel sink, dishwasher, and a new range with a downdraft exhaust system vented to the exterior.
A front office with abundant shelving provides a dedicated space to work from home, and a downstairs half bath adds convenience for guests. Just off the living room, step onto the deck to take in the lake view and enjoy access to the water.
Upstairs, the primary bedroom features a vaulted ceiling, ceiling fan, walk-in closet, bathroom suite, and private balcony overlooking Lake Ray Hubbard. A secondary bedroom also offers a vaulted ceiling, and a separate full bathroom is located on this level. Follow the spiral staircase to the third bedroom, complete with a vaulted ceiling, hardwood floors, and generous shelving for storage.
The home has a pier-and-beam foundation and separate exterior ventilation for the dryer, range, and under-house fan. Lakeside Village amenities include a 9-hole golf course, community pools, tennis and pickleball courts, playgrounds, a cabana, and a community center. A marina is located next door.
Enjoy convenient access to I-30, waterfront dining and entertainment at The Harbor, and shopping and restaurants in downtown Rockwall. Come experience the charm of lakefront living!
Featured spaces
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Property highlights
Year Built 1980
School District Rockwall Isd
HOA $140 Monthly
Pool Yes
Parking Additional Parking, Assigned
Architecture Mediterranean
Fireplace 1 Fireplaces
Neighborhood Lakeside Village #1
Full Property Details
Property Details
Quick Details
- Price $350,000
- Status Active
- Bedrooms 3
- Bathrooms 4
- Square Feet 1,380 Sq Ft
- Lot Size 0.02 acres
- Lot Size Sq Ft 828 sq ft
- Year Built 1980
- Price / Sq Ft $254 / Sq Ft
- MLS # 21420103
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- Property Condition Resale
- County Rockwall
- Subdivision Lakeside Village #1
- Days on Market 1
Home Details
- Architectural Style Mediterranean
- Levels ThreeOrMore
- Full Baths 3
- Half Baths 1
- Construction Stucco
- Foundation Pillar Post Pier
- Roof Spanish Tile
- Flooring Carpet, Tile, Wood
- Heating Electric
- Cooling Central Air, Ceiling Fans
- Property Attached No
Kitchen & Interior
- Appliances Dishwasher, Disposal
- Interior Features Chandelier, High Speed Internet, Open Floorplan, Cable Tv, Vaulted Ceilings, Walk In Closets
- Laundry Features Washer Hookup, Electric Dryer Hookup
- Fireplaces 1
- Fireplace Features Masonry, Wood Burning
Lot & Exterior
- Pool Yes
- Pool Features Community
- Waterfront Features Lake Front
Parking
- Parking Additional Parking, Assigned
- Garage Spaces 0
- Covered Parking 0
- Attached Garage No
Taxes & HOA
- Annual Taxes $5,088
- HOA Fee $140 Monthly
- HOA Includes All Facilities, Association Management, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Security, Trash
- Community Features Clubhouse, Golf, Lake, Pool, Tennis Courts
- Parcel Number 000000019125
- Legal Description LAKESIDE VILLAGE #1, LOT D60
- Tax Lot D60
Utilities
- Utilities Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- School District Rockwall ISD
- Elementary Reinhardt — Rockwall ISD
- Middle Herman E Utley — Rockwall ISD
- High Rockwall — Rockwall ISD
Listing Information
- Listing Agent Lindsay Contreras
- Brokerage LC Realty, Inc.
- MLS Board NTREIS
- List Date 10/26/2026
- Source Updated 10/27/2026
- Last Updated 10/27/2026
Property Tax & CAD Valuation for 4012 Mediterranean Street
Rockwall CAD (TrueProdigy) records for 4012 Mediterranean Street, Rockwall, TX 75087 show a CAD market value of $322,996 and a net appraised value of $322,996. 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 4012 Mediterranean Street, Rockwall, 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 $225,500 + Improvement Value $97,496 = CAD Market Value $322,996
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: $97,496 Total Area: 1700 Sqft Living Area: 1380 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 691 Sqft |
| MAIN AREA | MA | 689 Sqft |
| COVERED PORCH | CP | 20 Sqft |
| COVERED PORCH | CP | 60 Sqft |
| DECK | DE | 90 Sqft |
| DECK | DE | 150 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 $322,996 − All Current CAD Reductions $0 = Current Taxed Starting Point $322,996
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
Combined taxable-value reduction for applicable school district (Rockwall ISD) from current exemptions on record (Over-65, Homestead); current owner’s exemptions, not guaranteed to transfer to buyer. Additional local taxing units on this record also show taxable-value reductions: City Of Rockwall (-$60,000), Rockwall County (-$35,000).
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 ROCKWALL |
$262,996 | 0.2575 | $832 | -$487 | $345 |
|
County
ROCKWALL COUNTY |
$287,996 | 0.2510 | $811 | -$439 | $372 |
|
School District
ROCKWALL ISD |
$102,996 (H) | 1.0669 | $3,446 | -$2,347 | $1,099 |
(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) $5,088 − Est. Tax Reductions / Savings $3,273 = Est. Taxes (With Current Exemptions) $1,816
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $3,273. 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 $1,816 with the exemptions shown today and $5,088 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 | $150,960 | $85,390 | $236,350 | $207,026 | +$22,130 / +10.33% |
| 2022 | $200,000 | $94,230 | $294,230 | $227,729 | +$57,880 / +24.49% |
| 2023 | $280,000 | $92,095 | $372,095 | $250,502 | +$77,865 / +26.46% |
| 2024 | $321,900 | $103,721 | $425,621 | $275,552 | +$53,526 / +14.39% |
| 2025 | $225,500 | $100,917 | $326,417 | $303,107 | -$99,204 / -23.31% |
| 2026 | $225,500 | $97,496 | $322,996 | $322,996 | -$3,421 / -1.05% |
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 $350,000 − Current CAD Market Value $322,996 = Over CAD Value +$27,004 (+8.4%)
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 LAKESIDE VILLAGE #1
A curated look at local favorites, everyday stops, and lifestyle context near this property.