Active

511 Lakeside Drive

Rockwall, Texas 75032

$500,000 $2,108/Mo

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Overview

Bed

Bath

2,441

Sqft

0.18

Acre(Lot)

Description

Welcome to a rare lakefront home nestled on the shores of Rockwall Lake! Immaculate 4 bedroom, 2 full bath home spans 2,441 SF and offers a seamless blend of lake living and both short term and long term 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 Airbnb, 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 airbnb 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.

Property Details

Property Type : Residential

Price : $500,000

AD Id : 78316801

MLS Id : 561292287

Beds : 4

Lot Size : 0.18 Acre

Living Area Size : 2,441

Year Built : 2001

Garage : 2

County : Rockwall

Subdivision: Rockwall Lake Estate #1

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 4 Window Features: Window Coverings

Bathroom Information

Total Baths: 2 Full Baths: 2 Half Baths: 0
Interior Features

Built-in Features,Cable TV Available,Chandelier,Decorative Lighting,Double Vanity,Eat-in Kitchen,Flat Screen Wiring,Granite Counters,High Speed Internet Available,Kitchen Island,Natural Woodwork,Open Floorplan,Paneling,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)

Appliances

Dishwasher,Disposal,Dryer,Electric Range,Electric Water Heater,Microwave,Refrigerator,Vented Exhaust Fan,Washer,Other

Utilities

All Weather Road,Cable Available,City Sewer,City Water,Concrete,Electricity Available,Electricity Connected,Phone Available,Sewer Available,Underground Utilities
Cooling Features

Ceiling Fan(s),Central Air,Electric,Roof Turbine(s)

Heating Source

Central,Electric

Fireplace

Number of Fireplaces: 0

Building Information

Built Year: 2001 Construction: Brick,Concrete,Rock/Stone,Stone Veneer,Wood Roof Type: Composition,Shingle
Exterior Features

Covered Patio/Porch,Dock,Fire Pit,Rain Gutters,Lighting,Outdoor Grill,Outdoor Living Center,Private Entrance,Private Yard,Putting Green

Foundation

Slab

Security Features

Carbon Monoxide Detector(s),Security Lights,Smoke Detector(s)
Laundry Features

Electric Dryer Hookup,Utility Room,Full Size W/D Area,Dryer Hookup,Washer Hookup,On Site

Patio And Porch

Covered,Front Porch,Patio,Rear Porch

Fencing

Back Yard,Fenced,Front Yard,Full,Gate,Metal,Wood,Wrought Iron

Construction Materials

Brick,Concrete,Rock/Stone,Stone Veneer,Wood

Lot Information

Lot Size (Acr): 0.1840 Lot Size Units: Acres Lot Size Square Feet: 8,015 Lot Size Source: Public Records Lot Features: Cleared,Few Trees,Interior Lot,Landscaped,Lrg. Backyard Grass,Other,Subdivision,Water/Lake View,Waterfront
Property Information

SQ ft (Living Area): 2,441 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Traditional Subdivision: Rockwall Lake Estate #1 City: Rockwall State: Texas Directions: If going Interstate 30 East, Take exit 67C toward TX 205, Merge onto I 30 Frontage Rd, Turn right onto Market Center Dr, Turn right onto Tubbs Rd, Turn left onto Texas Ave, Turn left onto Lakeside Dr, Destination will be on the right, 511 Lakeside dr. Property Status: Active Exclusions: Pool table, 80" TV located downstairs is excluded but available for purchase. Levels: Two Property Age: 25 Year Built Details: Preowned Other Equipment: Negotiable

Listing Price Information

Original List Price: $500,000 List Price Tot SqFt: $205
Listing Information

Possession: Closing/Funding,Negotiable,Subject to Lease

Tax Information

Parcel Number: 000000024199 Tax Block: A Tax Lot: 141 Unexempt Taxes: $5,565

Parking Information

Has Garage Garage Space: 2 Carport Spaces: 0 Parking Features: Additional Parking,Concrete,Covered,Direct Access,Drive Through,Driveway,Enclosed,Garage,Garage Door Opener,Garage Faces Front,Garage Single Door,Gated,Inside Entrance,Kitchen Level,Lighted,On Site,Secured
Homeowners Association Information

HOA Type: None

School Information

Elementary School: Amanda Rochell Middle School: Cain High School: Rockwall-Heath School District: Rockwall ISD
Utility Information

Utilities: All Weather Road,Cable Available,City Sewer,City Water,Concrete,Electricity Available,Electricity Connected,Phone Available,Sewer Available,Underground Utilities

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
4095 Bridgecreek Drive, Rockwall, TX, 75032	$685,000	5	3	3,041	3,041 SqFt
3025 Bridgecreek Drive, Rockwall, TX, 75032	$914,000	4	5	4,160	4,160 SqFt
1710 Winding Creek Lane, Rockwall, TX, 75032	$1,600,000	6	7	6,270	6,270 SqFt
1570 Winding Creek Lane, Rockwall, TX, 75032	$1,050,000	5	6	4,563	4,563 SqFt
1520 Wheelers Way, Rockwall, TX, 75032	$729,000	4	4	2,943	2,943 SqFt
2115 Hodges Lake Drive, Rockwall, TX, 75032	$728,800	4	3	2,927	2,927 SqFt
2165 Hodges Lake Drive, Rockwall, TX, 75032	$899,000	5	4	3,737	3,737 SqFt
2135 Lake Estates Drive, Rockwall, TX, 75032	$825,000	3	3	2,863	2,863 SqFt
3030 Wincrest Drive, Rockwall, TX, 75032	$1,050,000	5	5	4,493	4,493 SqFt
2585 Wincrest Drive, Rockwall, TX, 75032	$850,000	4	3	2,904	2,904 SqFt

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ByOwner last updated this listing 06/04/2026 @ 17:34

MLS: 561292287 LISTED BY: Christopher Ohlig, Compass RE Texas, LLC 469-449-3900 SOURCE: NTREIS - North Texas Real Estate Information