- Dallas County
- Dallas TX
- 75243
- Local Area: Creekbend Condo Ph 01-06
Property Overview
Welcome to this well-maintained 1-bed, 1-bath condo at 12480 Abrams Rd #201 in the established Creekbend Condominium community. This 732-sq-ft ground-floor residence offers an efficient layout ideal for first-time buyers or savvy investors looking for strong rental potential. Enjoy a recently refreshed interior with durable laminate flooring throughout, kitchen appliances and a cozy wood-burning fireplace. Residents benefit from excellent community amenities including swimming pools, tennis courts. The location is unbeatable for convenience—minutes from I-75 and I-635, close to shopping, dining, and only moments from Richland College and the Lake Highlands area schools. Perfect as an affordable starter home, a downsizer option, or an easy-care investment property. Refrigerator, washer and dryer are included.
Featured spaces
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Property highlights
Year Built 1982
School District Richardson Isd
HOA $220 Monthly
Parking 1 covered spaces
Acreage Estate 17.99 acres
Fireplace 1 Fireplaces
Neighborhood Creekbend Condo Ph 01-06
Full Property Details
Property Details
Quick Details
- Price $114,900
- Status Active
- Bedrooms 1
- Bathrooms 1
- Square Feet 732 Sq Ft
- Lot Size 17.99 acres
- Lot Size Sq Ft 783,644
- Year Built 1982
- Price / Sq Ft $157 / Sq Ft
- MLS # 21327542
Overview
- Property Type Residential
- Property Subtype Condominium
- County Dallas
- Subdivision Creekbend Condo Ph 01-06
- Days on Market 185
Home Details
- Full Baths 1
- Half Baths 0
Kitchen & Interior
- Appliances Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
- Interior Features Granite Counters, Cable Tv
- Fireplaces 1
- Fireplace Features Wood Burning
Parking
- Parking Additional Parking, Assigned
- Covered Parking 1
- Attached Garage No
Taxes & HOA
- Annual Taxes $3,087
- HOA Fee $220 Monthly
- HOA Includes Association Management
Utilities
- Utilities Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Aikin — Richardson ISD
- Middle Forest Meadow — Richardson ISD
- High Lake Highlands — Richardson ISD
Listing Information
- MLS Board NTREIS
- List Date 07/10/2026
- Source Updated 07/10/2026
- Last Updated 08/19/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 12480 Abrams Road #201
Dallas Central Appraisal District records for 12480 Abrams Road #201, Dallas, TX 75243 show a CAD market value of $131,760 and a net appraised value of $101,671. 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 12480 Abrams Road #201, Dallas, TX 75243, 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 $18,620 + Improvement Value $113,140 = CAD Market Value $131,760
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: $113,140 Total Area: 732 Sqft Living Area: 732 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 CAD source indicates a local taxable value reduction, but did not specify an individual exemption code. Specific deduction amounts vary by taxing jurisdiction.
The CAD source indicates a local taxable value reduction, but did not specify an individual exemption code. Specific deduction amounts vary by taxing jurisdiction.
The CAD source indicates a local taxable value reduction, but did not specify an individual exemption code. Specific deduction amounts vary by taxing jurisdiction.
The CAD source indicates a local taxable value reduction, but did not specify an individual exemption code. Specific deduction amounts vary by taxing jurisdiction.
The CAD source indicates a local taxable value reduction, but did not specify an individual exemption code. Specific deduction amounts vary by taxing jurisdiction.
Statutory 20% limitation on annual increase in appraised value for non-homestead real property (Texas Tax Code § 23.231). 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 $131,760 − All Current CAD Reductions -$30,089 = Current Taxed Starting Point $101,671
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 |
$101,671 | — | — | — | — |
|
School District
RICHARDSON ISD |
$101,671 | — | — | — | — |
|
County
DALLAS COUNTY |
$101,671 | — | — | — | — |
|
College
DALLAS COLLEGE |
$101,671 | — | — | — | — |
|
Hospital District
PARKLAND HOSPITAL |
$101,671 | — | — | — | — |
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
Tax estimates are currently unavailable or not certified as a single unified scalar for this record. Tax rates and taxable values vary by taxing jurisdiction.
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 |
|---|---|---|---|---|---|
| 2020 | $18,620 | $54,580 | $73,200 | $53,048 | — |
| 2021 | $18,620 | $54,580 | $73,200 | $58,352 | — |
| 2022 | $18,620 | $83,860 | $102,480 | $64,187 | +$29,280 / +40.00% |
| 2023 | $18,620 | $83,860 | $102,480 | $70,605 | — |
| 2024 | $18,620 | $113,140 | $131,760 | $84,726 | +$29,280 / +28.57% |
| 2025 | $18,620 | $113,140 | $131,760 | $101,671 | — |
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 $114,900 − Current CAD Market Value $131,760 = Under CAD Value -$16,860 (-12.8%)
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 CREEKBEND CONDO PH 01-06
A curated look at local favorites, everyday stops, and lifestyle context near this property.