- Dallas County
- Lancaster TX
- 75146
- Acreage
- Luxury
- Pool
- Local Area: Gatlin
- Lancaster ISD
- Spa / Hot Tub
- Covered Parking
- Shop / Workshop
- Custom Design
- Custom Cabinetry / Millwork
- Hardwood Floors
- Wet Bar
- Wine Room / Wine Cellar
- Sport Court / Putting Green
Property Overview
Welcome to Gatlin Estate, a truly rare luxury offering unlike anything else on the market. Three distinctive structures are thoughtfully arranged across two separately deeded parcels, creating an extraordinary setting for gathering, recreation, and multigenerational living. Every space reflects exceptional craftsmanship, timeless quality, and an amenity-rich lifestyle that would be difficult to replicate today.
The primary residence offers six bedrooms and four bathrooms, showcasing custom millwork and handcrafted hardwood details throughout. Three all-gas fireplaces, custom built-in bedroom furnishings with integrated storage, walk-in closets, a gourmet kitchen, three-car epoxy-finished garage, mobile-controlled exterior lighting and a resort-style pool and spa create an effortless balance of luxury and everyday comfort. Expansive patios and mature landscaping provide exceptional privacy for year-round entertaining.
Complementing the main residence is The Lodge, a custom entertainment retreat featuring a full wet bar with beer tap, temperature-controlled wine cellar, projector and screen, full bath, and loft office with panoramic views and custom built-ins. Outdoors, enjoy a professionally designed multi-sport court for pickleball, tennis, basketball, and volleyball, plus a 27-station synthetic turf putting course.
The property also includes a private two-stall horse stable and two storage sheds, one of which is climate controlled, providing flexible space for equestrian needs, workshop use, hobbies, collections, or seasonal storage. The adjoining parcel features the original three-bedroom, two-bath guest home with garage, carport, and spacious patio, ideal for multigenerational living, private guest accommodations, rental income, or future flexibility. Both separately deeded parcels are offered together, preserving the integrity and vision of Gatlin Estate as a singular legacy property.
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Property highlights
Year Built 1985
School District Lancaster Isd
HOA No HOA
Pool Pool
Parking 3-car garage, 3 covered
Shop / Workshop Shop / Workshop
Architecture Traditional,Detached
Acreage Estate 1.18 acres
Fireplace 3 Fireplaces
Full Property Details
Property Details
PROPERTY HIGHLIGHTS
Quick Details
- Price $1,650,000
- Status Active
- Bedrooms 6
- Bathrooms 5
- Square Feet 6,079 Sq Ft
- Lot Size 1.18 acres
- Lot Size Sq Ft 51,357
- Year Built 1985
- Price / Sq Ft $271 / Sq Ft
- MLS # 21340654
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Dallas
- Subdivision Gatlin
- Days on Market 49
Home Details
- Full Baths 5
- Half Baths 0
- Foundation Slab
- Roof Composition
- Flooring Tile, Wood
- Heating Central, Electric, Fireplaces, Zoned
- Cooling Central Air, Ceiling Fans, Electric, Multi Units, Wall Window Units, Zoned
Kitchen & Interior
- Appliances Double Oven, Dishwasher, Disposal, Gas Range, Microwave
- Interior Features Built In Features, Chandelier, Cathedral Ceilings, Decorative Designer Lighting Fixtures, Granite Counters, Kitchen Island, Loft, Pantry, Paneling Wainscoting, Cable Tv, Vaulted Ceilings, Natural Woodwork, Walk In Closets
- Fireplaces 3
- Fireplace Features Gas
Lot & Exterior
- Lot Features Acreage, Back Yard, Backs To Greenbelt Park, Lawn, Landscaped, Many Trees, Sprinkler System
- Exterior Features Basketball Court, Courtyard, Lighting, Private Yard, Rain Gutters, Storage, Sport Court, Tennis Courts
- Fencing Wrought Iron
- Pool Features In Ground, Outdoor Pool, Pool, Water Feature
Parking
- Parking Covered, Epoxy Flooring, Garage Faces Front, Garage, Oversized, Workshop In Garage
- Garage Spaces 3
- Covered Parking 3
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $15,796
Utilities
- Utilities Propane, Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Rosa Parks-Millbrook — Lancaster ISD
- Elementary Rosa Parks-Millbrook — Lancaster ISD
- Middle Lancaster — Lancaster ISD
- Middle Lancaster,GW Carver 6th Grade — Lancaster ISD
- High Lancaster — Lancaster ISD
- High Lancaster — Lancaster ISD
Listing Information
- MLS Board NTREIS
- List Date 08/27/2026
- Source Updated 10/16/2026
- Last Updated 10/18/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 201 Oakwood Drive
Dallas Central Appraisal District records for 201 Oakwood Drive, Lancaster, TX 75146 show a CAD market value of $701,980 and a net appraised value of $701,980. 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 Dallas Central Appraisal District property-tax and appraisal records for 201 Oakwood Drive, Lancaster, TX 75146, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Dallas Central Appraisal District 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 $112,500 + Improvement Value $589,480 = CAD Market Value $701,980
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: $589,480 Total Area: 4986 Sqft Living Area: 4986 Sqft
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| TENNIS COURT | — | 1 Sqft |
| ATTACHED GARAGE | — | 972 Sqft |
| POOL | — | 1 pool |
| OUTBUILDING | — | 864 Sqft |
| OUTBUILDING | — | 289 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.
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 $701,980 − All Current CAD Reductions $0 = Current Taxed Starting Point $701,980
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
LANCASTER |
$701,980 | 0.5995 | $4,208 | — | $4,208 |
|
School District
LANCASTER ISD |
$701,980 | 1.2244 | $8,595 | — | $8,595 |
|
County
DALLAS COUNTY |
$701,980 | 0.2155 | $1,513 | — | $1,513 |
|
College
DALLAS COLLEGE |
$701,980 | 0.1066 | $748 | — | $748 |
|
Hospital District
PARKLAND HOSPITAL |
$701,980 | 0.2120 | $1,488 | — | $1,488 |
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) $16,552 − Est. Tax Reductions / Savings — = Est. Taxes (With Current Exemptions) $16,552
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 | $60,000 | $393,170 | $453,170 | — | — |
| 2022 | $75,000 | $431,310 | $506,310 | $498,487 | +$53,140 / +11.73% |
| 2023 | $97,500 | $512,160 | $609,660 | $548,335 | +$103,350 / +20.41% |
| 2024 | $97,500 | $512,160 | $609,660 | — | — |
| 2025 | $97,500 | $572,380 | $669,880 | — | +$60,220 / +9.88% |
| 2026 | $112,500 | $589,480 | $701,980 | — | +$32,100 / +4.79% |
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 $1,650,000 − Current CAD Market Value $701,980 = Over CAD Value +$948,020 (+135.0%)
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 GATLIN
A curated look at local favorites, everyday stops, and lifestyle context near this property.