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  • 4 Beds
  • 2 Baths
  • 2,441 Sqft
  • 2 Garages
  • .18 Acres
  • 2001 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • 4 Beds
  • 2 Baths
  • 2,441 Sqft
  • 2 Garages
  • .18 Acres
  • 2001 Year Built
  • Study
  • Game Room
  • Media
  • Pool

511 Lakeside Drive
Rockwall, Texas 75032-6137

County: Rockwall Rockwall Lake Estate #1

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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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$449,999
  • Est. Payment /m
  • Reduced By$50,001
  • Cumulative Days on MarketUnlock
  • MLS® #21263818
  • Bedrooms4
  • Bathrooms2.00
  • Square Footage2,441
  • Acres0.18
  • Year Built2001
  • Built Desc.Preowned
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleTraditional
  • StatusActive
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Quick Valuation Analysis from 5 Active and 5 Sold Listings

Pricing Trends from 5 Active Listings in Rockwall Lake Estate

This Home's Price $449,999 This Home's Price Per SqFt $
Average Price $316,460 Average Price Per SqFt $
Highest Price $449,999 Highest Price Per SqFt $
Lowest Price $189,900 Lowest Price Per SqFt $

Pricing Trends from 5 Sold Listings in Rockwall Lake Estate

This Home's Price $449,999 This Home's Price Per SqFt $
Average Price $251,940 Average Price Per SqFt $
Highest Price $285,000 Highest Price Per SqFt $
Lowest Price $194,900 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address511 Lakeside Drive
  • SubdivisionRockwall Lake Estate #1
  • CityRockwall
  • CountyRockwall
  • StateTexas
  • Zip Code75032-6137
  • HOANone
  • FeaturesFishing, Lake
  • UtilitiesAll Weather Road, Cable Available, City Sewer, City Water, Concrete, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Underground Utilities
  • Taxes5565

Amenities

  • SecurityCarbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • # of Garages2
  • GaragesAdditional 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
  • WaterfrontYes
  • WaterfrontDock – Uncovered, Lake Front, Lake Front – Main Body, Retaining Wall – Concrete, Retaining Wall – Other

Interior

  • Interior FeaturesBuilt-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)
  • AppliancesNegotiable
  • FloorsCarpet, Ceramic Tile, Tile

Exterior

  • Exterior FeaturesCovered Patio/Porch, Dock, Fire Pit, Rain Gutters, Lighting, Outdoor Grill, Outdoor Living Center, Private Entrance, Private Yard, Putting Green
  • FenceBack Yard, Fenced, Front Yard, Full, Gate, Metal, Wood, Wrought Iron
  • Lot DescriptionCleared, Few Trees, Interior Lot, Landscaped, Lrg. Backyard Grass, Other, Subdivision, Water/Lake View, Waterfront

Construction Details / Floorplan

  • Living Areas2
  • Dining Rooms1
  • Full Baths2
  • RoofComposition, Shingle
  • FoundationSlab
  • ConstructionBrick, Concrete, Rock/Stone, Stone Veneer, Wood

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral, Electric

Private Listing Information (Registration Required)

Listing Details

  • AgentChristopher Ohlig
  • OfficeCompass Re Texas, Llc

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Listing information last updated on October 18th, 2026 at 2:45am CDT.