137 Santa Maria Street Payne Springs, TX 75156
- Henderson County
- Payne Springs TX
- 75156
- Local Area: Del Mar Sub
Property Overview
Turnkey lakefront opportunity being offered fully furnished and ready for its next owner! Whether you're searching for an investment property, short-term rental opportunity, weekend getaway, or full-time lake house, this beautifully appointed 3-bedroom, 2-bath waterfront home offers the flexibility to fit your vision.
Situated on an oversized lot just shy of half an acre, the home features soaring vaulted ceilings and a dramatic wall of windows that fills the open living space with natural light while showcasing beautiful lake views. The kitchen is designed for gathering and entertaining with granite countertops, an oversized island, decorative lighting, and an open layout connecting the main living areas.
The outdoor amenities are equally impressive. A private boat dock with party deck provides the perfect place to entertain, relax by the water, or launch your next lake adventure. The seller has recently made substantial improvements to the property, including a new seawall that reclaimed approximately 6–10 feet of additional land along the waterfront, a new HVAC system, new dock decking, and an updated dock lift.
With the furnishings included, buyers have the opportunity to acquire a truly turnkey property without the expense and hassle of furnishing a lake house from scratch. Continue using it as an investment or short-term rental, enjoy it as your own personal lake retreat, or combine the two for the best of both worlds.
With its generous waterfront lot, private dock, recent improvements, furnished interior, and strong appeal to both vacationers and owner-occupants, this property offers a rare combination of lifestyle and investment potential. Come enjoy the lake from day one!
Featured spaces
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Property highlights
Year Built 1975
School District Mabank Isd
HOA No HOA
Parking 2 covered spaces
Gated Gated entry
Architecture Detached
Fireplace 1 Fireplaces
Neighborhood Del Mar Sub
Full Property Details
Property Details
Quick Details
- Price $625,000
- Status Active
- Bedrooms 3
- Bathrooms 2
- Square Feet 1,908 Sq Ft
- Lot Size 0.47 acres
- Lot Size Sq Ft 20,299
- Year Built 1975
- Price / Sq Ft $328 / Sq Ft
- MLS # 21420835
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- Property Condition Resale
- County Henderson
- Subdivision Del Mar Sub
- Days on Market 3
Home Details
- Architectural Style Detached
- Stories 1
- Levels One
- Full Baths 2
- Half Baths 0
- Construction Fiber Cement
- Foundation Pillar Post Pier, Slab
- Roof Metal
- Flooring Ceramic Tile
- Heating Central, Electric
- Cooling Central Air
- Property Attached No
Kitchen & Interior
- Appliances Dishwasher, Electric Cooktop, Electric Oven, Disposal, Refrigerator, Vented Exhaust Fan, Washer
- Interior Features Decorative Designer Lighting Fixtures, Granite Counters, High Speed Internet, Kitchen Island, Pantry, Vaulted Ceilings
- Laundry Features Washer Hookup, Electric Dryer Hookup
- Fireplaces 1
- Fireplace Features Wood Burning Stove
Lot & Exterior
- Lot Features Back Yard, Lawn, Waterfront
- Exterior Features Boat Slip, Dock
- Fencing Back Yard, Chain Link, Gate
- Pool No
- Waterfront Features Waterfront
Parking
- Parking Carport
- Garage Spaces 0
- Covered Parking 2
- Attached Garage No
Taxes & HOA
- Annual Taxes $6,989
- Parcel Number 25900000244058
- Legal Description AB 1060 M E RICHARDSON SUR, DEL MAR SUBD, LT
- Tax Lot 244
Utilities
- Utilities Municipal Utilities, Sewer Available, Separate Meters, Water Available
- Other Equipment Farm Equipment
Schools
- School District Mabank ISD
- Elementary Mabank — Mabank ISD
- Middle Mabank — Mabank ISD
- High Mabank — Mabank ISD
Listing Information
- Listing Agent Keegan Mueller
- Brokerage All City
- MLS Board NTREIS
- List Date 10/26/2026
- Source Updated 10/29/2026
- Last Updated 10/29/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 137 Santa Maria Street
Henderson CAD (Pritchard & Abbott) records for 137 Santa Maria Street, Payne Springs, TX 75156 show a CAD market value of $402,608 and a net appraised value of $402,608. 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 Henderson CAD (Pritchard & Abbott) property-tax and appraisal records for 137 Santa Maria Street, Payne Springs, TX 75156, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Henderson CAD (Pritchard & Abbott) 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 $256,500 + Improvement Value $146,108 = CAD Market Value $402,608
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: $146,108 Total Area: 2388 Sqft Living Area: 1908 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| LIVING AREA | LA | 924 Sqft |
| LIVING ANNEX | LX | 624 Sqft |
| LIVING ANNEX | LX | 360 Sqft |
| CARPORT/FREESTANDING | CF | 480 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.
Local taxing jurisdictions reflect taxable value reductions below appraised value. The CAD source did not disclose specific exemption codes.
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 $402,608 − All Current CAD Reductions $0 = Current Taxed Starting Point $402,608
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) |
|---|---|---|---|---|---|
|
Other Entity
HENDERSON CAD |
$402,608 | 0.0000 | $0 | — | $0 |
|
Emergency Services District (ESD)
EMERGENCY SVS DIST #2 |
$402,608 | 0.0762 | $307 | — | $307 |
|
County
HENDERSON CO R&B |
$402,608 | 0.0177 | $71 | — | $71 |
|
County
HENDERSON COUNTY |
$402,608 | 0.2846 | $1,146 | — | $1,146 |
|
County
HENDERSON CO FM-FC |
$402,608 | 0.0412 | $166 | — | $166 |
|
School District
MABANK ISD |
$402,608 | 0.9351 | $3,765 | — | $3,765 |
|
City
CITY OF PAYNE SPRINGS |
$352,608 | 0.2717 | $1,094 | -$136 | $958 |
|
Other Entity
TRINITY VALLEY COMM |
$402,608 | 0.1137 | $458 | — | $458 |
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) $7,006 − Est. Tax Reductions / Savings $136 = Est. Taxes (With Current Exemptions) $6,870
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $136. 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.
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 | $114,000 | $214,983 | $328,983 | $328,983 | +$88,443 / +36.77% |
| 2022 | $256,500 | $129,359 | $385,859 | $385,859 | +$56,876 / +17.29% |
| 2023 | $256,500 | $139,508 | $396,008 | $396,008 | +$10,149 / +2.63% |
| 2024 | $256,500 | $145,675 | $402,175 | $402,175 | +$6,167 / +1.56% |
| 2025 | $256,500 | $146,108 | $402,608 | $402,608 | +$433 / +0.11% |
| 2026 | $256,500 | $146,108 | $402,608 | $402,608 | — |
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 $625,000 − Current CAD Market Value $402,608 = Over CAD Value +$222,392 (+55.2%)
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 DEL MAR SUB
A curated look at local favorites, everyday stops, and lifestyle context near this property.