- Rockwall County
- Rockwall TX
- 75087
- Local Area: Preserve Ph 2, The
- Pool
- Rockwall ISD
- Outdoor Kitchen
- Spa / Hot Tub
- Double Vanity
- Game Room
- Media Room
- Covered Patio
Property Overview
Welcome home to this spacious and beautifully maintained 5-bedroom, 3.5-bath home in The Preserve! With 3,846 square feet, this thoughtfully designed floor plan offers plenty of room to spread out, whether you're entertaining guests or enjoying a quiet evening at home. The open-concept kitchen is the heart of the home, featuring a large island, gas cooktop, double ovens, abundant cabinetry, and a walk-in pantry, all overlooking the inviting living area with a double-sided fireplace. The private primary suite is tucked away downstairs and offers a relaxing retreat with a garden tub, separate shower, dual vanities, and a spacious walk-in closet. Upstairs, you'll find generously sized secondary bedrooms along with flexible living space that's perfect for a game room, media room, or home office. Step outside and enjoy your own backyard escape with a sparkling pool, spa, covered patio, and outdoor kitchen-ready for summer cookouts, game days, or simply unwinding after a long day. Conveniently located near top-rated Rockwall ISD schools, shopping, dining, parks, and Lake Ray Hubbard, this home offers the space, comfort, and lifestyle you've been looking for. Come see why you'll love calling this one home!
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 2010
School District Rockwall ISD
HOA $440 Annually
Pool Pool
Parking 2-car garage
Architecture Traditional,Detached
Outdoor Living Outdoor Kitchen
Fireplace 1 Fireplaces
Neighborhood Preserve Ph 2, The
Full Property Details
Property Details
PROPERTY HIGHLIGHTS
Quick Details
- Price $559,900
- Status Active
- Bedrooms 5
- Bathrooms 4
- Square Feet 3,846 Sq Ft
- Lot Size 0.23 acres
- Lot Size Sq Ft 10,019
- Year Built 2010
- Price / Sq Ft $146 / Sq Ft
- MLS # 21344608
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Rockwall
- Subdivision Preserve Ph 2, The
- Days on Market 202
Home Details
- Full Baths 3
- Half Baths 1
- Foundation Slab
- Roof Composition
- Heating Central
- Cooling Central Air
Kitchen & Interior
- Appliances Built In Gas Range, Double Oven, Refrigerator
- Interior Features Built In Features, Chandelier, Double Vanity, Eat In Kitchen, Kitchen Island, Open Floorplan, Pantry, Cable Tv, Walk In Closets
- Fireplaces 1
- Fireplace Features Double Sided
Lot & Exterior
- Pool Features Pool
Parking
- Parking Driveway, Garage, Garage Faces Rear
- Garage Spaces 2
- Covered Parking 0
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $9,374
- HOA Fee $440 Annually
- HOA Includes Association Management
Utilities
- Utilities Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Reinhardt — Rockwall ISD
- Middle Herman E Utley — Rockwall ISD
- High Rockwall — Rockwall ISD
Listing Information
- MLS Board NTREIS
- List Date 07/30/2026
- Source Updated 10/09/2026
- Last Updated 10/22/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 727 Fairfax Lane
Rockwall CAD records for 727 Fairfax Lane, Rockwall, TX 75087 show a CAD market value of $661,625 and a net appraised value of $661,625. 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 property-tax and appraisal records for 727 Fairfax Lane, Rockwall, TX 75087, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Rockwall CAD 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 $126,000 + Improvement Value $535,625 = CAD Market Value $661,625
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
Total Area: 4594.5 Sqft Living Area: 3846.5 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 3,167 Sqft |
| MAIN AREA | MA | 680 Sqft |
| ATTACHED GARAGE | AG | 484 Sqft |
| COVERED PORCH | CP | 180 Sqft |
| COVERED PORCH | CP | 84 Sqft |
SWIMMING POOL/SPA
Total Area: 1 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| SWIMMING POOL | SW | — |
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.
No standard exemptions or CAD reductions were detected in the current record.
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 $661,625 − All Current CAD Reductions $0 = Current Taxed Starting Point $661,625
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 ROCKWALL |
$661,625 | 0.2575 | $1,704 | — | $1,704 |
|
County
ROCKWALL COUNTY |
$661,625 | 0.2510 | $1,661 | — | $1,661 |
|
School District
ROCKWALL ISD |
$661,625 | 1.0669 | $7,059 | — | $7,059 |
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) $10,423 − Est. Tax Reductions / Savings — = Est. Taxes (With Current Exemptions) $10,423
The current CAD record does not establish an exemption tax savings calculation. A buyer’s future tax bill may differ.
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 | $85,850 | $353,657 | $439,507 | $439,507 | +$6,213 / +1.43% |
| 2022 | $108,150 | $437,068 | $545,218 | $545,218 | +$105,711 / +24.05% |
| 2023 | $120,750 | $478,390 | $599,140 | $599,140 | +$53,922 / +9.89% |
| 2024 | $105,000 | $484,180 | $589,180 | $589,180 | -$9,960 / -1.66% |
| 2025 | $105,000 | $490,000 | $595,000 | $595,000 | +$5,820 / +0.99% |
| 2026 | $126,000 | $535,625 | $661,625 | $661,625 | +$66,625 / +11.20% |
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 $559,900 − Current CAD Market Value $661,625 = Under CAD Value -$101,725 (-15.4%)
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 PRESERVE PH 2, THE
A curated look at local favorites, everyday stops, and lifestyle context near this property.