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511 Lakeside Drive, Rockwall, TX 75032

$500,000
  • 511 Lakeside Drive, Rockwall, TX 75032 Main Photo

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Active
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.

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 baileygonzales.kellyrealtors.com today.

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

agent picture

Shown By

Agent Name: Bailey Gonzales
Agent Phone: (979) 220-6587
Agency Title: Kelly, Realtors

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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

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/20/2026. The listing information on this page last changed on 05/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/20/2026 12:27:07 AM EST) or NTREIS (last updated Tue 05/19/2026 11:48:37 PM EST) or SABOR MLS (last updated Tue 05/19/2026 11:52:12 PM EST) or CTXMLS (last updated Tue 05/19/2026 11:34:25 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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