About This Home

This 0-bedroom, 0-bathroom commercial at 2003 Portofino Drive in Rockwall, TX is listed for $995,000. on a 0.60 acres lot.

Key Features

  • 0.60 acre lot
  • 3 stories
  • Waterfront

Property Details

3 stories

Amenities

Waterfront
Listing Description

Presenting a rare opportunity to acquire six (6) shovel-ready lakeside development lots in one of North Texas' most sought-after waterfront communities - Watersedge at Lake Ray Hubbard. Perfectly positioned in the heart of Rockwall's Lakeside Harbor District and steps from the Hilton Rockwall Lakefront Resort, these fully entitled and permit-ready sites offer developers a direct path to vertical construction in an established, luxury setting.

This collection of approved lots at 2028-2038 Portofino Drive sits adjacent to a newly completed residence at 2026 Portofino Drive - a 3-bedroom, 3-bath, 1,960-square-foot luxury condominium currently offered at $500,000, demonstrating proven market acceptance and price support for this product type.

The immediately adjacent, completed condos within this development range in asking price from $500,000 - $615,000. INVESTMENT HIGHLIGHTS - Six (6) fully entitled, shovel-ready luxury condominium development lots - All development plans and permits fully approved; immediate permit issuance upon payment of fees - Infrastructure complete with no off-s

ite improvements required - HOA-approved flexibility allowing a townhome configuration - Mediterranean architectural theme consistent with existing community - Walkable access to marina, dining, entertainment, and boutique retail - Immediate I-30 access with Downtown Dallas approximately 30-35 minutes away

Monthly Cost Estimate

$5,321/mo

20% down · 6.5% · 30 years

Principal$720
Interest$4,312
Insurance$290

Estimates only. Actual payments may vary.

Location

2003 Portofino Drive

Rockwall, TX 75032

Watersedge

Property Details

Construction

Brick Rock Stone

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2003 Portofino Drive is listed at $995,000. The estimated monthly payment is $5,321 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.60 acre lot, 3 stories, Waterfront.

This property is listed by Jennifer Permenter.

JP

Jennifer Permenter

Agent at Younger Partners Dallas, LLC

Listed by Younger Partners Dallas, LLC · Broker phone: (214) 238-8000

MLS# 21252269· Source: North Texas Real Estate Information Systems, Inc.· 7 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2003 Portofino Drive, Rockwall, TX 75032

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