BEDS4
BATHS2 full
SQUARE FEET2,441
MLS#21263818
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONRockwall Lake Estate #1
SCHOOLRockwall ISD
Property 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 Features
Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air, Electric, Roof Turbine(s
Garage: 2 car attached
Heating: Central, Electric
Home Style: Traditional
Lot Size: 0.18 Acres
Roof Type: Composition, Shingle
Year Built: 2001
Amenities
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)
Covered Patio/Porch
Dock
Fire Pit
Rain Gutters
Lighting
Outdoor Grill
Outdoor Living Center
Private Entrance
Private Yard
Putting Green
Feature Descriptions
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Washer, Other
Community Features: Fishing, Lake
Days on Site: 8
Exclusions: Pool table, 80" TV located downstairs is excluded but available for purchase.
Exterior: Brick, Concrete, Rock/Stone, Stone Veneer, Wood
Fencing: Back Yard, Fenced, Front Yard, Full, Gate, Metal, Wood, Wrought Iron
Flooring: Carpet, Ceramic Tile, Tile
Laundry: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Dryer Hookup, Washer Hookup, On Site
Lot: Cleared, Few Trees, Interior Lot, Landscaped, Lrg. Backyard Grass, Other, Subdivision, Water/Lake View, Waterfront
Lot Dimensions: 159 X 50
Other Equipment: Negotiable
Parcel#: 000000024199
Parking: 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
Parking Notes: Additional Parking, Concrete, Covered, Direct Access,
Patio/Porch: Covered, Front Porch, Patio, Rear Porch
Utilities: All Weather Road, Cable Available, City Sewer, City Water, Concrete, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Underground Utilities
Water Features: Dock – Uncovered, Lake Front, Lake Front – Main Body, Retaining Wall – Concrete, Retaining Wall – Other
Window: Window Coverings
Local Schools
Elementary School: Amanda Rochell
School District: Rockwall ISD
Listed By / Shown By
Listed By
Agency Name: Compass RE Texas, LLC
Agency Contact: 972-532-6336
Agent Name: Christopher Ohlig
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimate Your Payment
Estimated Payment
$ 1,258.62 per month $1,112.78 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.83 Homeowner's Insurance
511 Lakeside Drive | MLS# 21263818
This single family home located at 511 Lakeside Drive, Rockwall, TX 75032 is currently listed for sale with an asking price of $500,000. This property was built in 2001 and has 4 bedrooms and 2 full baths with 2441 sq. ft. Lakeside Drive is located in the Rockwall Lake Estate #1 subdivision within the Rockwall ISD school district. Search Rockwall Lake Estate #1 real estate on www.kellyrealtors.com today.