LKV Realty
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$500,000
$2,900Reward *
511 Lakeside Drive, Rockwall, TX 75032Listing ID 21263818

511 Lakeside Drive, Rockwall, TX 75032

Active
Rockwall Lake Estate #1
Time on site: 93 daysLast updated: Jun 6, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
2
Square Feet
Square Feet
2,441
Acres
Acres
0.18
Days on Site
Days on Site
93
Cooling
Cooling
Central Air, Ceiling Fan(s), Electric, Roof Turbine(s)
Heating
Heating
Central, Electric
Year Built
Year Built
2001
Garages
Garages
2
Parking
Parking
Additional Parking, Concrete, Covered, Drive Through, Direct Access, Door-Single, Driveway, Enclosed, Garage Faces Front, Garage, Garage Door Opener, Gated, Inside Entrance, Kitchen Level, Lighted, On Site, Secured

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.

Property Information

Property Details

Location

Address
511 Lakeside Drive
County
Rockwall
City
Rockwall
Zip Code
75032
Subdivision
Rockwall Lake Estate #1
School District
Rockwall ISD
High School
Rockwall-Heath
Elementary School
Amanda Rochell

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
2

Building

Building Information

Square Feet
2,441
Year Built
2001
Construction
Brick, Concrete, Rock, Stone, Stone Veneer, Wood Siding
Foundation
Slab
Roof
Composition, Shingle

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$5,565
Christopher OhligCompass RE Texas, LLC, (469) 210-8288

Market Report for 75032

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: North Texas Real Estate Information Systems, Inc.
North Texas Real Estate Information Systems, Inc. logo

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. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

0591753 • 0669207