- Rockwall County
- Rockwall TX
- 75087
- Local Area: Lakeside Village #2
Property Overview
RARE LAKEFRONT LIVING IN GATED COMMUNITY OF LAKESIDE VILLAGE! Step out of your back door right onto the shores of Lake Ray Hubbard, where stunning water views make every day feel like a getaway! This beautifully updated 3-bedroom PLUS bonus room, 3.5-bath home offers the perfect blend of comfort, charm, and waterfront living. Inside, you'll find engineered hardwood flooring throughout, beautiful stone fireplace surrounded by custom built-ins, and a stylish bar area featuring leathered granite countertops! Upstairs, three spacious bedrooms are complemented by three beautifully updated full bathrooms, the primary bath features stunning marble countertops. Also, upstairs is a versatile bonus room ideal for a fourth bedroom, office, nursery, playroom, or additional living space. Beyond your backyard, Lakeside Village offers an exceptional resort-style lifestyle with a 9-hole par-3 golf course, community pool, tennis and pickleball courts, basketball courts, and playgrounds. Conveniently located just minutes from I-30, shopping, dining, and waterfront entertainment at The Harbor! With the lake at your doorstep, incredible community amenities, and an unbeatable Rockwall location, this is the waterfront lifestyle you've been waiting for!
Featured spaces
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Property highlights
Year Built 1977
School District Rockwall Isd
HOA $158 Monthly
Pool Yes
Parking 2-car garage, 2 covered
Gated Gated community
Architecture Mediterranean
Fireplace 2 Fireplaces
Neighborhood Lakeside Village #2
Full Property Details
Property Details
Quick Details
- Price $650,000
- Status Active
- Bedrooms 3
- Bathrooms 4
- Square Feet 2,997 Sq Ft
- Lot Size 0.12 acres
- Lot Size Sq Ft 5,184
- Year Built 1977
- Price / Sq Ft $217 / Sq Ft
- MLS # 21427322
Overview
- Property Type Residential
- Property Subtype Townhouse
- Property Condition Resale
- County Rockwall
- Subdivision Lakeside Village #2
- Days on Market 1
Home Details
- Architectural Style Mediterranean
- Stories 2
- Levels Two
- Full Baths 3
- Half Baths 1
- Construction Stucco
- Foundation Pillar Post Pier
- Roof Tile
- Flooring Ceramic Tile, Hardwood
- Heating Central
- Cooling Central Air
- Property Attached No
Kitchen & Interior
- Appliances Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Wine Cooler
- Interior Features Built In Features, Decorative Designer Lighting Fixtures, Double Vanity, High Speed Internet, Kitchen Island, Pantry, Paneling Wainscoting, Cable Tv, Walk In Closets, Wired For Sound
- Laundry Features Washer Hookup, Dryer Hookup, Laundry In Utility Room
- Fireplaces 2
- Fireplace Features Stone
Lot & Exterior
- Lot Features Waterfront
- Exterior Features Rain Gutters
- Patio & Porch Features Patio
- Fencing Metal
- Pool Yes
- Pool Features Community
- Waterfront Features Lake Front, Waterfront
- View Features Water
Parking
- Parking Door Multi, Driveway, Garage Faces Front, Garage, Garage Door Opener
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $8,291
- HOA Fee $158 Monthly
- HOA Includes All Facilities, Association Management
- Community Features Fitness Center, Golf, Gated, Lake, Playground, Park, Pickleball, Pool, Tennis Courts
- Parcel Number 000000019202
- Legal Description LAKESIDE VILLAGE #2, LOT 23-A
- Tax Lot 23-A
Utilities
- Utilities Electricity Available, 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 Bronson Wolfe
- Brokerage JPAR - Rockwall
- MLS Board NTREIS
- List Date 11/03/2026
- Source Updated 11/04/2026
- Last Updated 11/04/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 3316 Lakeside Drive
Rockwall CAD (TrueProdigy) records for 3316 Lakeside Drive, Rockwall, TX 75087 show a CAD market value of $583,610 and a net appraised value of $522,492. 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 3316 Lakeside Drive, 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 $390,500 + Improvement Value $193,110 = CAD Market Value $583,610
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: $193,110 Total Area: 3598 Sqft Living Area: 2607 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 1,491 Sqft |
| MAIN AREA | MA | 1,116 Sqft |
| ATTACHED GARAGE | AG | 600 Sqft |
| PATIO - 20% (REGULAR) | PA | 310 Sqft |
| BALCONY | BA | 45 Sqft |
| COVERED PORCH | CP | 36 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. Reduces Rockwall ISD taxable value by $140,000 (from $522,492 net appraised value to $382,492 school taxable value). Current owner’s exemption, not guaranteed to transfer to buyer.
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 $583,610 − All Current CAD Reductions -$61,118 = Current Taxed Starting Point $522,492
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
Taxable-value reduction for applicable school district (Rockwall ISD); current owner’s exemption, not guaranteed to transfer to buyer. Other local taxing units on this record apply $0 exemption reduction (taxed at $522,492 net appraised value). Separate from -$61,118 10% homestead cap already reflected in the $522,492 net appraised value.
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 |
$522,492 | 0.2575 | $1,345 | — | $1,345 |
|
County
ROCKWALL COUNTY |
$522,492 | 0.2510 | $1,311 | — | $1,311 |
|
School District
ROCKWALL ISD |
$382,492 (H) | 1.0669 | $5,574 | -$1,494 | $4,081 |
(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) $8,231 − Est. Tax Reductions / Savings $1,494 = Est. Taxes (With Current Exemptions) $6,738
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 $6,738 with the exemptions shown today and $8,231 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 | $173,466 | $324,426 | $324,426 | +$13,397 / +4.31% |
| 2022 | $200,000 | $190,590 | $390,590 | $356,869 | +$66,164 / +20.39% |
| 2023 | $280,000 | $185,055 | $465,055 | $392,556 | +$74,465 / +19.06% |
| 2024 | $360,750 | $209,921 | $570,671 | $431,812 | +$105,616 / +22.71% |
| 2025 | $390,500 | $200,397 | $590,897 | $474,993 | +$20,226 / +3.54% |
| 2026 | $390,500 | $193,110 | $583,610 | $522,492 | -$7,287 / -1.23% |
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 $650,000 − Current CAD Market Value $583,610 = Over CAD Value +$66,390 (+11.4%)
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 #2
A curated look at local favorites, everyday stops, and lifestyle context near this property.