# 2003 Portofino Drive, Rockwall, TX 75032

> **TL;DR:** commercial, $995,000.
> Waterfront. Est. $4,312/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $995,000 |
| Lot Size | 25,949 sqft (0.60 acres) |
| Property Type | Commercial (Unimproved Land) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,312 |
| **Total** | **$4,312** |

## Key Amenities

- Waterfront

## Property Highlights

- 0.60 acre lot
- Waterfront

## Description

### Agent 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-site 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

## Location

- **Address:** 2003 Portofino Drive, Rockwall, TX 75032
- **County:** Rockwall
- **Neighborhood:** Watersedge
- **Coordinates:** 32.886829, -96.481252
- **Google Maps:** https://www.google.com/maps?q=32.886829,-96.481252

## Listing Agent

- **Name:** Jennifer Permenter
- **Brokerage:** Younger Partners Dallas, LLC
- **Phone:** 2142944400
- **Email:** marketing@youngerpartners.com

## Primary Photo

![2003 Portofino Drive - Primary Photo](http://lh.rdcpix.com/e6f0940b46171a3bc0cc5a17bbcf9956l-f1518868003r.jpg)

---

**MLS#:** 21252269 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/2003-portofino-drive-rockwall-tx-75032-21252269)

---

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