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$950,000

8600 Secretariat Dr, Rowlett, TX, 75088

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,270 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$418.5 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Washer

Exterior

Private PoolPrivate Pool
Lot Size2,704 sqft

Building Information

Year Built2024
Stories3
Roof Type105
Garage Spaces2

Land Information

APN447550000A0270000
Lot Number27
Land UseSingle Family Residences
Legal DescriptionSAPPHIRE BAY BLK A LT 27 ACS 0.0620 INT202500000886 DD12272024 CO-DC 7550000A02700 3CW7550000A
Census Tract018141
Assessed Land Value$240,000
Assessed Improvement Value$709,500
Assessment Year2025

About this property

Welcome to 8600 Secretariate Drive, a rare gem nestled directly on the shores of Lake Ray Hubbard in the heart of Rowlett’s visionary Sapphire Bay master-planned community. This Maxwell II floor plan offers three stories of thoughtfully designed living space, where every detail invites you to embrace lakefront living at its finest. Step out your door and onto the lakeside hike and bike trail or launch your boat or canoe for a day on the water. With the lake literally a few steps away, your backyard becomes a gateway to endless outdoor adventure. According to the community’s exciting master plan, a massive crystal lagoon, dazzling fountain shows, a surf and white sand beach club, plus premier shopping and dining are being built - all just steps from home. First floor features a private bedroom with full bath and a generous side porch that could build a flex room or an office. Second floor enjoy an open-concept layout living, dining & kitchen areas bathed in natural light—thanks to an abundance of windows. This home is one of only six in the community approved by the city for extra side windows, creating a bright and airy ambiance throughout all three levels. There are two bedrooms on 3rd floor with full bath in each room, wake up to sunrise views or unwind with sunset skies from your private balconies. Enjoy morning coffee or evening relaxation on your porch or balcony on every level. This home offers a lifestyle that feels like a vacation every day - living here means waking up to water views and ending your day with lakeside serenity. Schedule your appointment today thru Broker Bay and tour this unique - one-of-a-kind home that everyone dreams of owing one.

Investor Tools

Property Icon
$949,500
Estimated Property Value
$0Estimated Mortgage Balance
$949,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Long Ly

WILLIAM DAVIS REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$866/month
$2,414/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,649
$949,500
2025
$240,000
$709,500
$949,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,649
$949,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$949,500
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,414/mo
+$286/mo
3.4%

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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8600 Secretariat Dr | Property Details | No Agent List