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Days15Days on Market
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$699,000

$725,000

518 Winners Circle, Rowlett, TX, 75088

On MarketInfo
Price DropInfo
Beds3 Beds
Baths4 Bath
Baths2,036 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$343.32 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Refrigerator
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesCourtyard, Rain Gutters
Lot Size2,048 sqft

Building Information

Year Built2022
Stories3
Roof Type105
Garage Spaces2

Land Information

APN447550000A0430000
Lot Number43
SubdivisionSapphire Bay
Land UseResidential
Legal DescriptionSAPPHIRE BAY BLK A LT 43 ACS 0.0470 INT202300197320 DD09252023 CO-DC 7550000A04300 3CW7550000A
Census Tract018141
Assessed Land Value$160,000
Assessed Improvement Value$655,000
Assessment Year2025

About this property

Modern Lake-Area Living Near Lake Ray Hubbard - Live steps from the shoreline in this 2022 K. Hovnanian row home-style residence in Rowlett’s Sapphire Bay area. Designed for low-maintenance living with a modern, vacation-inspired feel, this home offers a refreshing alternative to a traditional suburban layout. Clean architectural lines, a gated front porch, expansive windows, and a three-level design create a distinctive first impression. Inside, wide-plank flooring, high ceilings, and abundant natural light give the home an open, airy feel throughout. The main living level is made for gathering, with a spacious family room, dining area, and designer kitchen all connected for easy everyday living and entertaining. The kitchen brings style and function together with rich cabinetry, quartz countertops, stainless steel appliances, gas cooking, double ovens, a large center island, and generous storage. Whether you’re hosting friends before a night out, enjoying a quiet dinner at home, or prepping snacks after a sunset walk by the lake, this space is designed to work beautifully. The owner’s retreat offers a peaceful escape with bright windows, generous proportions, a large walk-in closet, and a well-appointed bath with dual vanities and a spacious walk-in shower. Secondary bedroom suites offer flexibility for guests, work-from-home needs, or extended stays, with comfortable layouts and modern finishes. The location is the lifestyle. Enjoy evening walks along the Lake Ray Hubbard shoreline, take in unforgettable sunsets over the water, explore nearby trails, rent a boat for the day at Sapphire Bay Marina, or fish from the shore. You’ll have quick access to I-30 for an easy connection to Dallas, Rockwall, dining, shopping, and recreation. If you’ve been looking for modern construction, lock-and-leave convenience, and a lake-area lifestyle without the upkeep of a traditional yard, this home deserves a closer look. Schedule your private showing today.

Investor Tools

Property Icon
$815,000
Estimated Property Value
$0Estimated Mortgage Balance
$220,420Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,890 /month
Positive
Cash Flow Estimate:
$1,630 /month

Interested in this property?

Cindy Dunnican

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,251/month
$2,413/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,937
$815,000
2025
$160,000
$655,000
$815,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,937
$815,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International Bank Of Commerce
Conventional
$612,800
No
First
Sep 25, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$594,580
$220,420
27%
73%
$4,077/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$6,490/mo
$-3,790/mo
4.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Rowlett

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518 Winners Circle | Property Details | No Agent List