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$896,070

8602 War Admiral Dr, Rowlett, TX, 75088

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,154 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$434.08 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Tankless Water Heater, Washer
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesBalcony
Lot Size1,870 sqft

Building Information

Year Built2024
Stories3
Roof Type105
Garage Spaces2

Land Information

APN447550000A0060000
Lot Number6
Land UseSingle Family Residences
Legal DescriptionSAPPHIRE BAY BLK A LT 6 ACS 0.0429 INT202500036048 DD02212025 CO-DC 7550000A00600 2CW7550000A
Census Tract018141
Assessed Land Value$240,000
Assessed Improvement Value$656,070
Assessment Year2025

About this property

LAKE FRONT LIVING in a gorgeous master planned new development located at Sapphire Bay on Lake Ray Hubbard. Enjoy your private panoramic lake views. Brand new home has never been lived in and is close to marina with boat storage available and walking trails as well as Restaurants, Shops and a Planned Water Park. Enjoy the sunsets from your waterfront balcony as well as views from all bedrooms, kitchen and living area. This home features 3 bedrooms, 3.5 baths and three levels. All bedrooms have ensuite bathrooms and walk in closets so could be considered as multiple primary bedrooms for roommates if needed. Lot is next to a greenbelt and has a side yard with easy to maintain artificial grass and fully landscaped. First floor has quest room with ensuite and garage. Second floor has an open floorplan with spacious island kitchen with oversized breakfast bar open to living area and a huge balcony overlooking the lake with amazing sunsets over the lake. Patio is oversized and has a gas hookup for outdoor kitchen option. It's perfect for family gatherings and entertaining. Primary suite located on 3rd level with ensuite bath, amazing, oversized shower and huge walk-in closet, double sinks and vanities. There is also a 3rd bedroom with ensuite as well as another walk-in closet and the laundry room is on the third level. This home is brand new & move in ready. Home is less than 30 minutes to downtown Dallas and one exit from the Harbor in Rockwall. Easy access to George Bush and I30. This home is also listed for lease at $4250 monthly.

Investor Tools

Property Icon
$896,070
Estimated Property Value
$686,250Estimated Mortgage Balance
$225,002Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,610 /month
Positive
Cash Flow Estimate:
$1,870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$844/month
$1,800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,649
$896,070
2025
$240,000
$656,070
$896,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,649
$896,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Titus38 Llc
Conventional
$686,250
No
First
Feb 21, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$671,068
$225,002
25%
75%
$4,115/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$5,915/mo
$-3,215/mo
3.6%

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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8602 War Admiral Dr | Property Details | No Agent List