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$2,434,170

8200 Schrade Rd, Rowlett, TX, 75088

Under ContractInfo
Baths0 Bath
Baths9,055 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1985

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete, Tile

Exterior

Lot Size2.02 acres

Building Information

Year Built1985
Stories2

Land Information

APN440012200101RTE00
Lot Number1R
SubdivisionCornerstone Church
Land UseOther / Unknown
Legal DescriptionCORNERSTONE CHURCH BLK 1 LT 1R ACS 2.019 PARENT ACCT 440012200101R0000 INT201900094940 DD04152019 CO-DC 0012200101R00
Census Tract018134
Assessed Land Value$175,900
Assessed Improvement Value$2,258,270
Assessment Year2025

About this property

Former School buildings available in Rowlett. 2 Buildings with a total size of 22,151 sqft. Building A- 10,206 sqft (Total) Building A- 9 Classrooms, 2+ Offices, Restrooms (2 story) Building B- 11,945 sqft Building B- 11 Classrooms, Kitchen, Restrooms, High ceilings Buildings renovated in 2019. Total lot size of 4.01 acres. Multiple Classrooms, Restrooms, Kitchen, Playground area and more. One building has a large Gym or multi-purpose area with heigh ceilings. Avg HHI of $128K+ in the area. Located less than 5 minutes from Lake Ray Hubbard.

Investor Tools

Property Icon
$2,434,170
Estimated Property Value
$0Estimated Mortgage Balance
$2,434,170Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,500 /month
Positive
Cash Flow Estimate:
$6,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,976/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$2,434,170
2025
$175,900
$2,258,270
$2,434,170
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$2,434,170

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,434,170
100%
0%
$0/mo

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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8200 Schrade Rd | Property Details | No Agent List