• Office Phone - 972.335.6564
  • Primary - 972.489.4887

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Listing provided courtesy of Compass RE Texas, LLC- MLS# 21263818MLS ProviderContact Information: Christopher Ohlig - 972-532-6336

511 Lakeside DriveRockwall, TX 75032

Single Family · 4 Beds · 2 Full Baths · 2,441 Sq. ft. | 0.18 Acres
$500,000 Active

511 Lakeside Drive Overview

Visits:
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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.

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511 Lakeside Drive Facts & Features

  • Type Single Family
  • Sq. ft. 2,441
  • Price/Sq.ft. $205
  • Lot 0.18 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Rockwall ISD
  • Elementary School: Amanda Rochell
  • Middle Or Junior School: Cain
  • High School: Rockwall-Heath

Green Features

  • Green Indoor Air Quality: Ventilation

Building Information

  • Year Built: 2001
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Rockwall
  • Postal City: ROCKWALL
  • Subdivision Name: Rockwall Lake Estate #1

Community/Development

  • Community Features: Fishing,Lake,Putting Green

Tax Information

  • Tax Annual Amount: 5565.0

General Information

  • Disclosures: Flood Plain Disclosure
  • Exclusions: Pool table, 80 TV located downstairs is excluded but available for purchase.
  • Listing Terms: Assumable,Cash,Conventional,1031 Exchange,FHA
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4

General Information

  • Appliances: Dryer,Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator,Vented Exhaust Fan,Washer
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet,Ceramic Tile,Tile
  • Foundation Details: Slab
  • Interior Features: Built-in Features,Chandelier,Decorative/Designer Lighting Fixtures,Double Vanity,Eat-in Kitchen,Granite Counters,High Speed Internet,Kitchen Island,Open Floorplan,Pantry,Paneling/Wainscoting,Cable TV,Vaulted Ceiling(s),Natural Woodwork,Walk-In Closet(s),Wired for Sound
  • Laundry Features: Common Area,Washer Hookup,Dryer Hookup,ElectricDryer Hookup,Laundry in Utility Room
  • Levels: Two
  • Living Area: 2441.0
  • Other Equipment: Negotiable
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights
  • Stories: 2
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Additional Parking,Concrete,Covered,Drive Through,Direct Access,Door-Single,Driveway,Enclosed,Garage Faces Front,Garage,Garage Door Opener,Gated,Inside Entrance,Kitchen Level,Lighted,On Site,Secured

Lot Information

  • Lot Features: Back Yard,Cleared,Interior Lot,Lawn,Landscaped,Native Plants,Other,Subdivision,Few Trees,Waterfront,Retaining Wall
  • Lot Size Acres: 0.184
  • Lot Size Area: 0.184
  • Lot Size Dimensions: 159 X 50
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 8015.04
  • Lot Size Units: Acres
  • Vegetation: Cleared,Grassed
  • Water Source: Public

Waterfront/View

  • Waterfront Features: Boat Dock/Slip,Lake Front,Waterfront
  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Traditional,Detached
  • Attached Garage: Yes
  • Construction Materials: Brick,Concrete,Rock,Stone,Stone Veneer,Wood Siding
  • Patio And Porch Features: Rear Porch,Front Porch,Patio,Covered
  • Property Attached: No
  • Roof: Composition,Shingle
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 2.0
  • Exterior Features: Dock,Fire Pit,Lighting,Outdoor Grill,Outdoor Living Area,Private Entrance,Private Yard,Rain Gutters
  • Fencing: Back Yard,Fenced,Full,Front Yard,Gate,Metal,Wood,Wrought Iron
  • Other Structures: Other
  • Pool Features: None
  • Road Frontage Type: All Weather Road
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Electricity Connected,Phone Available,Sewer Available,Underground Utilities,Water Available,Cable Available

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 12 x 10
  • Length: 12.0
  • Width: 10.0
  • Features: Split Bedrooms

Room: Bedroom

  • Level: First
  • Dimensions: 12 x 10
  • Length: 12.0
  • Width: 10.0
  • Features: Split Bedrooms

Room: Bedroom

  • Level: First
  • Dimensions: 12 x 10
  • Length: 12.0
  • Width: 10.0
  • Features: Split Bedrooms

Room: Dining Room

  • Level: First
  • Dimensions: 10 x 10
  • Length: 10.0
  • Width: 10.0

Room: Full Bath

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0
  • Features: Built-in Features,Granite Counters,Garden Tub/Roman Tub

Room: Kitchen

  • Level: First
  • Dimensions: 14 x 11
  • Length: 14.0
  • Width: 11.0
  • Features: Built-in Features,Eat-in Kitchen,Granite Counters,Kitchen Island,Pantry,Stone Counters

Room: Living Room

  • Level: First
  • Dimensions: 18 x 16
  • Length: 18.0
  • Width: 16.0
  • Features: Fireplace

Room: Primary Bathroom

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0
  • Features: Built-in Features,Dual Sinks,Double Vanity,En Suite Bathroom,Granite Counters,Garden Tub/Roman Tub,Stone Counters,Sink,Separate Shower

Room: Primary Bedroom

  • Level: First
  • Dimensions: 16 x 12
  • Length: 16.0
  • Width: 12.0
  • Features: Ceiling Fan(s),Dual Sinks,Double Vanity,En Suite Bathroom,Garden Tub/Roman Tub,Separate Shower,Walk-In Closet(s)

Room: Utility Room

  • Level: First
  • Dimensions: 6 x 5
  • Length: 6.0
  • Width: 5.0

Room: Game Room

  • Level: Second
  • Dimensions: 19 x 17
  • Length: 19.0
  • Width: 17.0

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

511 Lakeside Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

511 Lakeside Drive Market Data

Based on the last 30 days in this zip code

$776,711
Average List Price
$237
Average Price per Square Foot
71
Properties Sold
248
Average Days on Market
714
Properties for Sale
Calculations provided by Reliance Network


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