About This Home

This 4-bedroom, 2-bathroom single family at 511 Lakeside Drive in Rockwall, TX is listed for $449,999 ($184 per sqft). Built in 2001, the home offers 2,441 sqft of living space on a 0.18 acres lot.

Key Features

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

Property Details

2 stories
2 full
2-car garage
2001

Amenities

WaterfrontViewA/C
Listing Description

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.

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

511 Lakeside Drive

Rockwall, TX 75032

Rockwall Lake Estate #1

Features & Amenities

Interior Features

BuiltInFeaturesChandelierDecorativeDesignerLightingFixturesDoubleVanityEatInKitchenGraniteCountersHighSpeedInternetKitchenIslandOpenFloorplanPantryPanelingWainscotingCableTvVaultedCeilingsNaturalWoodworkWalkInClosetsWiredForSound

Exterior Features

DockFirePitLightingOutdoorGrillOutdoorLivingAreaPrivateEntrancePrivateYardRainGutters

Property Details

Flooring

TileCarpet

Construction

Brick Concrete Rock Stone StoneVeneer WoodSiding

Views

Water

Outdoor Features

PatioPorch

Parking

OpenSecuredCoveredGarageGatedDriveway

Heating

CentralElectric (Heating)

Cooling

Roof Turbines(s)Ceiling Fan(s)Central AirElectric

Appliances

DryerDishwasherElectricRangeElectricWaterHeaterDisposalMicrowaveRefrigeratorVentedExhaustFanWasher

Questions & Answers

This 4-bedroom, 2-bathroom single family at 511 Lakeside Drive is listed at $449,999 ($184/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2001, 0.18 acre lot, 2 stories, Waterfront. Interior Features: BuiltInFeatures, Chandelier, DecorativeDesignerLightingFixtures. Exterior Features: Dock, FirePit, Lighting.

This property is listed by Christopher Ohlig and can be reached at (214) 814-8100.

CO

Christopher Ohlig

Agent at Compass RE Texas, LCC

(214) 814-8100
Agent website

Listed by Compass RE Texas, LCC · Broker phone: (214) 814-8100 · View on Broker Site · Broker website

MLS# 21263818· Source: North Texas Real Estate Information Systems, Inc.· 139 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.

511 Lakeside Drive, Rockwall, TX 75032

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