8550 Fair Oaks Crossing #114 Dallas, TX 75243
- Dallas County
- Dallas TX
- 75243
- Local Area: Woodlands On The Creek 02
Property Overview
Creek views, a wood-burning fireplace, and a layout built for real flexibility — this 2-bedroom, 2.5-bath condo in the established Woodlands on the Creek community has the bones buyers come looking for. Situated on the second floor of the building, the main living level opens through French doors to a balcony with direct views of the wooded creek corridor. The living room is spacious, the dining area functional, and the galley kitchen features granite counters and built-in cabinetry.
Both bedrooms are on the upper level, each with walk-in closets. The primary suite includes dual sinks and its own balcony view. The secondary bedroom has a private exterior entrance at the third level — an uncommon feature that works naturally for roommates, a live-in guest, or anyone who values separation without sacrificing space.
One covered assigned carport space. Community pool and greenbelt setting. Minutes from White Rock Lake, the Katy Trail, NorthPark Center, Lake Highlands Town Center, and DART. Richardson ISD — Skyview Elementary, Forest Meadow Junior High, Lake Highlands High School.
The unit is ready for your updates and priced to reflect that honestly. HOA covers water, sewer, and trash. No flood zone. Strong rental history. HOA limits each unit to 2 pets no more than 25 lbs
Featured spaces
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Property highlights
Year Built 1982
School District Richardson Isd
HOA $487 Monthly
Pool Pool
Parking 1 covered spaces
Architecture Traditional
Fireplace 1 Fireplaces
Neighborhood Woodlands On The Creek 02
Full Property Details
Property Details
Quick Details
- Price $160,000
- Status Active
- Bedrooms 2
- Bathrooms 3
- Square Feet 1,128 Sq Ft
- Year Built 1982
- Price / Sq Ft $142 / Sq Ft
- MLS # 21361483
Overview
- Property Type Residential
- Property Subtype Condominium
- County Dallas
- Subdivision Woodlands On The Creek 02
- Days on Market 1
Home Details
- Full Baths 2
- Half Baths 1
- Foundation Slab
- Roof Composition
- Flooring Ceramic Tile, Laminate
- Heating Central, Electric
- Cooling Central Air, Ceiling Fans, Electric
Kitchen & Interior
- Appliances Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Vented Exhaust Fan, Washer
- Interior Features Double Vanity, High Speed Internet, Cable Tv, Walk In Closets
- Fireplaces 1
- Fireplace Features Wood Burning
Lot & Exterior
- Lot Features Backs To Greenbelt Park, Greenbelt, Many Trees
- Exterior Features Balcony
- Pool Features Gunite, In Ground, Pool, Community
Parking
- Parking Assigned, Covered
- Garage Spaces 0
- Covered Parking 1
- Attached Garage No
Taxes & HOA
- HOA Fee $487 Monthly
- HOA Includes All Facilities, Maintenance Grounds, Maintenance Structure, Sewer, Water
Utilities
- Utilities Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Skyview — Richardson ISD
- Middle Forest Meadow — Richardson ISD
- High Lake Highlands — Richardson ISD
Listing Information
- MLS Board NTREIS
- List Date 08/18/2026
- Source Updated 08/18/2026
- Last Updated 08/19/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 8550 Fair Oaks Crossing #114
Dallas Central Appraisal District records for 8550 Fair Oaks Crossing #114, Dallas, TX 75243 show a CAD market value of $217,090 and a net appraised value of $217,090. 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 8550 Fair Oaks Crossing #114, 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 $71,620 + Improvement Value $145,470 = CAD Market Value $217,090
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: $145,470 Total Area: 1128 Sqft Living Area: 1128 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 $217,090 − All Current CAD Reductions $0 = Current Taxed Starting Point $217,090
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 |
$217,090 | 0.6988 | $1,517 | — | $1,517 |
|
School District
RICHARDSON ISD |
$217,090 | 1.1052 | $2,399 | — | $2,399 |
|
County
DALLAS COUNTY |
$217,090 | 0.2155 | $468 | — | $468 |
|
College
DALLAS COLLEGE |
$217,090 | 0.1066 | $231 | — | $231 |
|
Hospital District
PARKLAND HOSPITAL |
$217,090 | 0.2120 | $460 | — | $460 |
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) $5,076 − Est. Tax Reductions / Savings — = Est. Taxes (With Current Exemptions) $5,076
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 | $17,910 | $117,450 | $135,360 | — | — |
| 2022 | $42,970 | $109,310 | $152,280 | — | +$16,920 / +12.50% |
| 2023 | $42,970 | $109,310 | $152,280 | — | — |
| 2024 | $71,620 | $145,470 | $217,090 | $182,736 | +$64,810 / +42.56% |
| 2025 | $71,620 | $145,470 | $217,090 | — | — |
| 2026 | $71,620 | $145,470 | $217,090 | — | — |
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 $160,000 − Current CAD Market Value $217,090 = Under CAD Value -$57,090 (-26.3%)
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 WOODLANDS ON THE CREEK 02
A curated look at local favorites, everyday stops, and lifestyle context near this property.