- Dallas County
- Dallas TX
- 75248
- Local Area: Prestonwood
Property Overview
A stunning transformation in coveted Prestonwood Estates, this completely redesigned home pairs luxury with practicality. 5 bedrooms, 3.5 baths, with a dedicated office offer exceptional flexibility, with the fifth bedroom equally suited for a game room. The updates extend well beyond the finishes you can see - with all-new wiring, electric panel box relocated to the exterior, two new water heaters, & under the house plumbing replaced with PVC.
The beautiful iron front door introduces the quality of details inside from white oak wood floors throughout -NO carpet- to new windows, recessed lighting and solid-core interior doors. The living room, with vaulted ceilings and a custom designed floor-to-ceiling fireplace, is surrounded by a wall of windows bringing the outside & inside together and has direct access to the covered back patio and gorgeous pool.
The popular spot will be the Chef's kitchen featuring custom soft-close cabinetry, striking quartz ctops & backsplash, and stainless appliances- including a 36-inch gas range. A custom bar area with wine fridge makes entertaining easy. The primary suite offers a private retreat with its own patio & pool access, and comes with a redesigned custom bath featuring his and hers vanities, an oversized walk-in shower, separate tub, and expanded walk-in closet. Two secondary bedrooms share an updated Jack-and-Jill bath with dual vanities and tub. Two additional bedrooms have access to fully renovated bath with walk-in shower, dual sinks, and marble countertops. A convenient powder bath serves the main living area.
Exterior updates include paint, lighting, and landscaping which complete a transformation as compelling outside as it is within. This is a special neighborhood & community, in top-rated RISD schools. Not many houses like this, with this quality, become available often in Prestonwood. Come see the difference. Check Transaction docs for SD and update info. Seller has no survey.
Featured spaces
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Property highlights
Year Built 1970
School District Richardson Isd
HOA No HOA
Pool Pool
Parking 2-car garage, 2 covered
Architecture Farmhouse,Modern,Traditional,Detached
Fireplace 1 Fireplaces
Neighborhood Prestonwood
Full Property Details
Property Details
Quick Details
- Price $1,095,500
- Status Active
- Bedrooms 5
- Bathrooms 4
- Square Feet 3,016 Sq Ft
- Lot Size 0.27 acres
- Lot Size Sq Ft 11,761
- Year Built 1970
- Price / Sq Ft $363 / Sq Ft
- MLS # 21412179
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Dallas
- Subdivision Prestonwood
- Days on Market 8
Home Details
- Full Baths 3
- Half Baths 1
- Foundation Slab
- Roof Composition
- Flooring Engineered Hardwood, Tile
- Heating Central, Natural Gas
- Cooling Central Air
Kitchen & Interior
- Appliances Convection Oven, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Wine Cooler
- Interior Features Chandelier, Decorative Designer Lighting Fixtures, Double Vanity, Eat In Kitchen, Granite Counters, Open Floorplan, Pantry, Walk In Closets
- Fireplaces 1
- Fireplace Features Gas, Masonry
Lot & Exterior
- Lot Features Interior Lot, Landscaped, Sprinkler System
- Exterior Features Lighting, Outdoor Grill, Rain Gutters
- Fencing Wood
- Pool Features Gunite, Pool
Parking
- Parking Epoxy Flooring, Garage, Garage Door Opener
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $19,266
Utilities
- Utilities Natural Gas Available, Sewer Available, Separate Meters, Water Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Prestonwood — Richardson ISD
- Middle Parkhill — Richardson ISD
- High Pearce — Richardson ISD
Listing Information
- MLS Board NTREIS
- List Date 10/15/2026
- Source Updated 10/24/2026
- Last Updated 10/24/2026
- Virtual Tour Available
Explore in 3D
Property Tax & CAD Valuation for 7031 Hunters Ridge Drive
Dallas Central Appraisal District records for 7031 Hunters Ridge Drive, Dallas, TX 75248 show a CAD market value of $824,000 and a net appraised value of $824,000. 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 7031 Hunters Ridge Drive, Dallas, TX 75248, 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 $250,000 + Improvement Value $574,000 = CAD Market Value $824,000
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: $574,000 Total Area: 3016 Sqft Living Area: 3016 Sqft
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| ATTACHED GARAGE | — | 484 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.
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 $824,000 − All Current CAD Reductions $0 = Current Taxed Starting Point $824,000
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 |
$824,000 | 0.6988 | $5,758 | — | $5,758 |
|
School District
RICHARDSON ISD |
$824,000 | 1.1052 | $9,107 | — | $9,107 |
|
County
DALLAS COUNTY |
$824,000 | 0.2155 | $1,776 | — | $1,776 |
|
College
DALLAS COLLEGE |
$824,000 | 0.1066 | $878 | — | $878 |
|
Hospital District
PARKLAND HOSPITAL |
$824,000 | 0.2120 | $1,747 | — | $1,747 |
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) $19,266 − Est. Tax Reductions / Savings — = Est. Taxes (With Current Exemptions) $19,266
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 | $110,000 | $365,010 | $475,010 | — | — |
| 2022 | $135,000 | $426,390 | $561,390 | — | +$86,380 / +18.18% |
| 2023 | $135,000 | $426,390 | $561,390 | — | — |
| 2024 | $250,000 | $460,660 | $710,660 | $673,668 | +$149,270 / +26.59% |
| 2025 | $250,000 | $574,000 | $824,000 | $808,401 | +$113,340 / +15.95% |
| 2026 | $250,000 | $574,000 | $824,000 | — | — |
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 $1,095,500 − Current CAD Market Value $824,000 = Over CAD Value +$271,500 (+32.9%)
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 PRESTONWOOD
A curated look at local favorites, everyday stops, and lifestyle context near this property.