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About This Home

This 4-bedroom, 2-bathroom single family at 511 Lakeside Drive in Rockwall, TX is listed for $500,000 ($205 per sqft). Built in 2001, the home offers 2,441 sqft of living space on a 0.18 acres lot.

Agent 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.

Key Features

  • Built in 2001
  • 0.18 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
2 full
2001

Amenities

WaterfrontView

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

511 Lakeside Drive

Rockwall, TX 75032

Rockwall Lake Estate #1

Features & Amenities

Interior Features

Built-in FeaturesCable Tv AvailableChandelierDecorative LightingDouble VanityEat-in KitchenFlat Screen WiringGranite CountersHigh Speed Internet AvailableKitchen IslandNatural WoodworkOpen FloorplanPanelingPantryVaulted Ceiling(s)Walk-in Closet(s)

Exterior Features

Covered Patio/PorchDockFire PitRain GuttersLightingOutdoor GrillOutdoor Living CenterPrivate EntrancePrivate YardPutting GreenFence

Property Details

Flooring

CarpetTileTile - Ceramic

Construction

BrickConcreteStoneStone Veneer

Views

LakeWater

Parking

CoveredDrivewayGarageGatedSecured

Heating

CentralElectric (Heating)

Cooling

Ceiling Fan(s)Central AirElectricRoof Turbine(s)

Appliances

DishwasherDryerGarbage DisposerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 4-bedroom, 2-bathroom single family at 511 Lakeside Drive is listed at $500,000 ($205/sqft). The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.

Key features include: Built in 2001, 0.18 acre lot, 2 stories, Waterfront. Interior Features: Built-in Features, Cable Tv Available, Chandelier. Exterior Features: Covered Patio/Porch, Dock, Fire Pit.

This property is listed by Christopher Ohlig and can be reached at 4692108288 or chris@ohliggroup.com.

CO

Christopher Ohlig

Agent at Compass RE Texas, LLC

(469) 210-8288

Listed by Compass RE Texas, LLC · View on Broker Site

MLS# 21263818· Source: listhub· Updated today

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511 Lakeside Drive, Rockwall, TX 75032

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