511 Lakeside Drive, Rockwall, TX 75032
Local realty services provided by:ERA Empower
Listed by: christopher ohlig, katrina valera hernandez
Office: compass re texas, llc.
MLS#:21263818
Source:GDAR
Price summary
- Price:$475,000
- Price per sq. ft.:$194.59
About this home
Welcome to a rare lakefront home nestled on the shores of Rockwall Lake! NO HOA! Immaculate 4 bedroom, 2 full bath home spans 2,441 SF and offers a seamless blend of lake living and investment potential. Built in 2001, it's move in ready fully furnished for a homeowner or an investor looking to capitalize on its established Airbnb success! Step outside to your private dock, perfect for fishing, kayaking, or soaking in serene lake views. The backyard transforms into an entertainer’s dream with a large covered attached patio, firepit, outdoor grills, dining areas, hammocks, and even a mini golf tee. The interior floorplan includes a downstairs living area with a pool table, while an upstairs loft doubles as a cozy media room and a bed for extra guests to enjoy. The chef’s kitchen is a showstopper with a large eat in kitchen island, electric range, built-in cabinetry, and adjacent dining area. The smart floorplan places all four bedrooms, including the primary suite, on the first floor, each outfitted with its own TV. Additional conveniences include a gated driveway, two car garage, and a full laundry room. Currently thriving as a high demand Lakefront STR, this property generates impressive income, averaging $500night for 1 guests and $20extra per person on the nightly rate or average $7K per month with full occupancy for STR. The home’s flexible STR terms allow you to continue the business or make it your own personal lakeside retreat. Most furnishings are included, with some negotiable extras like the pool table and downstairs TV. Situated just minutes from Rockwall Harbor and Lake Ray Hubbard, you’re never far from live music, fine dining, boating, and outdoor festivals. Whether you’re seeking a tranquil escape, a vibrant social scene, or a smart investment, this home checks every box. Plus, enjoy the low Rockwall property tax rate and highly regarded Rockwall ISD. Incredible 5.25% FHA assumable rate option available for approved buyers....
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Home facts
- Year built:2001
- Subdivision & Development:Rockwall Lake Estate #1
- Listing ID #:21263818
- Added:117 day(s) ago
- Updated:September 06, 2026 at 11:44 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Ceramic Tile, Tile
- Kitchen Description:Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Vented Exhaust Fan
- Living area:2,441 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric, Roof Turbines
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:2001
- Building area:2,441 sq. ft.
- Lot area:0.18 Acres
- Lot Features:Cleared, Few Trees, Interior Lot, Landscaped, Lawn, Retaining Wall, Subdivision, Waterfront
- Architectural Style:Traditional
- Construction Materials:Brick, Concrete, Stone, Stone Veneer, Wood Siding
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Rockwall-Heath
- Middle school:Cain
- Elementary school:Amanda Rochell
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$194.59
- Tax amount:$5,565
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Washer
- Laundry features:Dryer, Washer
- Amenities:Carbon Monoxide Detectors, Security Lights, Smoke Detectors, Window Coverings
Parking
- Garage:Yes
- Garage spaces:2
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