- Dallas County
- Dallas TX
- 75240
- Local Area: Preston Downs 03
Property Overview
LOCATION. LOCATION. LOCATION. This classic mid-century ranch offers the space and character buyers love about established Dallas homes, and it offers something increasingly difficult to find in North Dallas: an affordable property priced so you can make it your own. The home is tucked away on a .36-acre cul-de-sac lot in an exceptional North Dallas area convenient to Dallas’ sought-after Private School Corridor. It features nearly 3,000 sqft of living space with generous room sizes, multiple living and entertaining areas, large windows, two fireplaces, and a wet bar. Its single-story layout with lots of windows enhances the connection between indoor and outdoor living. The kitchen features stone countertops, a huge walk-in pantry, double ovens and a gas cooktop. The spacious primary suite offers private access to the pool & patio, dual vanities, a garden tub, separate shower, and large walk-in closet. The home features 2 additional split bedrooms and an office or a potential 4th bedroom. Multiple built-ins and abundant storage add to the home's functionality. Location adds another compelling advantage. Enjoy convenient access to major highways, shopping, dining, and employment centers throughout North Dallas. And if that is not enough, even more is planned nearby, with the Dallas Mavericks' proposed new arena and mixed-use entertainment district at the former Valley View Mall site adding to the investment and momentum surrounding the area. At 13436 Forestway Drive, you aren't just buying a house—you're getting the space and opportunity to create the home you've been looking for rather than paying a premium for someone else’s choices and renovations. COME SEE IT TODAY!
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Property highlights
Year Built 1968
School District Richardson Isd
HOA No HOA
Pool Pool
Parking 2-car garage, 2 covered
Architecture MidCenturyModern,Ranch,Detached
Fireplace 2 Fireplaces
Neighborhood Preston Downs 03
Full Property Details
Property Details
Quick Details
- Price $895,975
- Status Active
- Bedrooms 3
- Bathrooms 3
- Square Feet 2,909 Sq Ft
- Lot Size 0.36 acres
- Lot Size Sq Ft 15,682
- Year Built 1968
- Price / Sq Ft $308 / Sq Ft
- MLS # 21361307
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Dallas
- Subdivision Preston Downs 03
- Days on Market 1
Home Details
- Full Baths 3
- Half Baths 0
- Roof Composition, Shingle
- Flooring Carpet, Ceramic Tile
- Heating Central, Fireplaces, Natural Gas
- Cooling Central Air, Ceiling Fans, Electric
Kitchen & Interior
- Appliances Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave
- Interior Features Wet Bar, Built In Features, Chandelier, Decorative Designer Lighting Fixtures, Double Vanity, High Speed Internet, Pantry, Natural Woodwork, Walk In Closets, Wired For Sound
- Fireplaces 2
- Fireplace Features Dining Room, Living Room, Masonry, Stone
Lot & Exterior
- Lot Features Cul De Sac, Landscaped, Many Trees
- Exterior Features Covered Courtyard, Rain Gutters
- Fencing Back Yard, Fenced, Wood
- Pool Features Gunite, In Ground, Outdoor Pool, Pool, Private
Parking
- Parking Alley Access
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $16,988
Utilities
- Utilities Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Northwood — Richardson ISD
- Middle Westwood — Richardson ISD
- High Richardson — Richardson ISD
Listing Information
- MLS Board NTREIS
- List Date 08/17/2026
- Source Updated 08/18/2026
- Last Updated 08/19/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 13436 Forestway Drive
Dallas Central Appraisal District records for 13436 Forestway Drive, Dallas, TX 75240 show a CAD market value of $665,560 and a net appraised value of $665,560. 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 13436 Forestway Drive, Dallas, TX 75240, 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 $391,600 + Improvement Value $273,960 = CAD Market Value $665,560
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: $273,960 Total Area: 2909 Sqft Living Area: 2909 Sqft
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| ATTACHED GARAGE | — | 506 Sqft |
| POOL | — | 1 pool |
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. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead 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 $665,560 − All Current CAD Reductions $0 = Current Taxed Starting Point $665,560
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
DALLAS |
$532,448 | 0.6988 | $4,651 | -$930 | $3,721 |
|
School District
RICHARDSON ISD |
$459,004 (H) | 1.1052 | $7,356 | -$2,283 | $5,073 |
|
County
DALLAS COUNTY |
$532,448 | 0.2155 | $1,434 | -$287 | $1,147 |
|
College
DALLAS COLLEGE |
$532,448 | 0.1066 | $709 | -$142 | $567 |
|
Hospital District
PARKLAND HOSPITAL |
$532,448 | 0.2120 | $1,411 | -$282 | $1,129 |
(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) $15,561 − Est. Tax Reductions / Savings $3,924 = Est. Taxes (With Current Exemptions) $11,637
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $3,924. 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 $11,637 with the exemptions shown today and $15,561 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 | $187,970 | $221,560 | $409,530 | — | — |
| 2022 | $219,300 | $350,600 | $569,900 | $450,483 | +$160,370 / +39.16% |
| 2023 | $219,300 | $350,600 | $569,900 | $495,531 | — |
| 2024 | $313,280 | $387,010 | $700,290 | — | +$130,390 / +22.88% |
| 2025 | $313,280 | $413,290 | $726,570 | — | +$26,280 / +3.75% |
| 2026 | $391,600 | $273,960 | $665,560 | — | -$61,010 / -8.40% |
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 $895,975 − Current CAD Market Value $665,560 = Over CAD Value +$230,415 (+34.6%)
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 PRESTON DOWNS 03
A curated look at local favorites, everyday stops, and lifestyle context near this property.