$500,000
 $2,684 est/mo Sourced by Back At You

511 Lakeside Drive,Rockwall, TX 75032

Rockwall, TX 75032

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Description

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.

Details

MLS #21263818
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2001
Days On Site105
Listing Provided ByCompass RE Texas, LLC | Christopher Ohlig

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet2,441
Garage2
Story(s)2
Acreage0.18
Water FrontDock - Uncovered, Lake Front, Lake

Interior

Room Count11
CoolingCeiling Fan(s), Central Air, Electric, Roof Turbine(s)
HeatingCentral, Electric
Interior FeaturesBuilt-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)
Window FeaturesWindow Coverings
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Washer, Other

Exterior

Exterior FeaturesCovered Patio/Porch, Dock, Fire Pit, Rain Gutters, Lighting, Outdoor Grill, Outdoor Living Center, Private Entrance, Private Yard, Putting Green
RoofComposition, Shingle
Security FeaturesCarbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
Construction MaterialsBrick, Concrete, Rock/Stone, Stone Veneer, Wood
Foundation DetailsSlab
Lot FeaturesCleared, Few Trees, Interior Lot, Landscaped, Lrg. Backyard Grass, Other, Subdivision, Water/Lake View, Waterfront

Parking

Garage Yn1
Attached Garage Yn1
Parking FeaturesAdditional 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

Utilities

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

Location

Community FeaturesFishing, Lake

Taxes

Unexempt Taxes5565
Tax Lot141
Tax BlockA

Area Information

StateTX
CountyRockwall
CityRockwall
Zip Code75032
AreaRockwall
Community NameRockwall Lake Estate #1
School DistrictRockwall ISD
Elementary SchoolAmanda Rochell
High SchoolRockwall-Heath
Listing VS Median (in Rockwall Lake Estate #1)
Price:
$500,000
low | high
Med:
$229,950
100% of Average
sqft:
2,441
low | high
Med:
1,458
90.290864399836% of Average
$ / sqft:
$205
low | high
Med:
$159
72.330594339164% of Average
On site:
105
low | high
Med:
84
100% of Average
Sourced by Back At You

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyRockwall
CityRockwall
Zip Code75032
AreaRockwall
Community NameRockwall Lake Estate #1
School DistrictRockwall ISD
Elementary SchoolAmanda Rochell
High SchoolRockwall-Heath
Listing VS Median (in Rockwall Lake Estate #1)
Price:
$500,000
low | high
Med:
$229,950
100% of Average
sqft:
2,441
low | high
Med:
1,458
90.290864399836% of Average
$ / sqft:
$205
low | high
Med:
$159
72.330594339164% of Average
On site:
105
low | high
Med:
84
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $375K - $625K
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
563 Lakeside Drive Property Photo 1
$3,600
563 Lakeside Drive
Rockwall, TX 75032
Listing Updated: June 6, 2026 at 9:09:52 AM PDT