$475,000
Original price: $500,000
4 Beds
2 Baths
2,441 sqft
511 Lakeside Dr, Rockwall, TX 75032
Est. Mortgage $3,079/mo*
Get Pre-QualifiedHome Highlights
Parking
2 Car Garage
Outdoor
Porch, Patio
Price/Sqft
$195
Listed
111 days ago
Climate Control
Central, Electric & Central Air, Ceiling Fans
Local Information
- Map ViewExplore the area around 511 Lakeside Dr.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 4 hours ago
Listing courtesy of Christopher Ohlig 0591753, (972) 532-6336
Compass RE Texas, LLC, 972-532-6336
Katrina Valera Hernandez 0669207, (469) 449-3900
Compass RE Texas, LLC, (469) 210-8288
Source: NTREIS, MLS#21263818
Also Listed on NTREIS.
Home Details for 511 Lakeside Dr
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Interior Details Number of Rooms: 11Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Dining Room, Full Bath, Game Room, Kitchen, Living Room, Utility Room |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2441 Square Feet |
Appliances & Utilities Utilities: Electricity Available, Electricity Connected, Phone Available, Sewer Available, Underground Utilities, Water Available, Cable AvailableAppliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, WasherDishwasherDisposalDryerLaundry: Common Area,Washer Hookup,Dryer Hookup,ElectricDryer Hookup,Laundry in Utility RoomMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),Electric,Roof Turbine(s)Has HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Window: Window CoveringsFlooring: Carpet, Ceramic Tile, Tile |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Carpet, Ceramic Tile, Tile |
View Has a ViewView: Water |
Security Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights |
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Exterior Home Features Roof: Composition ShinglePatio / Porch: Rear Porch, Front Porch, Patio, CoveredFencing: Back Yard, Fenced, Full, Front Yard, Gate, Metal, Wood, Wrought IronVegetation: Cleared, GrassedOther Structures: OtherExterior: Dock, Fire Pit, Lighting, Outdoor Grill, Outdoor Living Area, Private Entrance, Private Yard, Rain GuttersFoundation: Slab |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: 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 |
Pool Pool: None |
Frontage WaterfrontWaterfront: Boat Dock/Slip, Lake Front, WaterfrontRoad Frontage: All Weather RoadOn Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 107Days on Market: 111 |
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Year Built Year Built: 2001 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Traditional,Detached |
Building Construction Materials: Brick, Concrete, Rock, Stone, Stone Veneer, Wood SidingNot Attached Property |
Property Information Condition: ResaleNot Included in Sale: Pool table, 80" TV located downstairs is excluded but available for purchase.Parcel Number: 000000024199 |
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Price List Price: $475,000Price Per Sqft: $195 |
Status Change & Dates Possession Timing: Close Of Escrow, Negotiable, Subject To Tenant Rights |
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MLS Status: Active |
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Direction & Address City: RockwallCommunity: Rockwall Lake Estate #1 |
School Information Elementary School: Amanda RochellElementary School District: Rockwall ISDJr High / Middle School: CainJr High / Middle School District: Rockwall ISDHigh School: Rockwall-HeathHigh School District: Rockwall ISD |
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Listing Agent Listing ID: 21263818 |
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Community Features: Fishing, Lake, Putting GreenNot Senior Community |
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No HOA |
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Lot Area: 8015.04 sqft |
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Listing Terms: Assumable, Cash, Conventional, 1031 Exchange, FHA |
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Mls Number: 21263818Living Area Range Units: Square FeetWater ViewAttribution Contact: 972-532-6336 |
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FishingLakePutting Green |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
Market trends in Rockwall
Last updated July 2026
Avg. sale price
$462K
$1.67KMoM
Sale-to-List Price
98.7%
0.1%MoM
Price per sq ft
$187
$2MoM
Available listings
528
5MoM
Home Value
Trulia Estimate
$465KSince last month
Decreased$20K (-4.1%)Since last year
Increased$128K (+38.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +136% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $464K |
| July 2026 | $483K |
| June 2026 | $485K |
| May 2026 | $490K |
| April 2026 | $349K |
| March 2026 | $344K |
| February 2026 | $345K |
| January 2026 | $338K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Single-Family Home | - | 07/31/26 | 4 | 2 | 1,215 | |
0.18 | Single-Family Home | - | 09/18/25 | 4 | 2 | 1,988 | |
0.03 | Single-Family Home | - | 09/17/25 | 3 | 2 | 1,565 | |
0.21 | Single-Family Home | - | 07/06/26 | 4 | 2 | 2,172 | |
0.19 | Single-Family Home | - | 06/25/26 | 4 | 3 | 2,220 | |
0.42 | Single-Family Home | - | 10/03/25 | 4 | 2 | 1,909 | |
0.29 | Single-Family Home | - | 07/13/26 | 3 | 2 | 1,572 | |
0.34 | Single-Family Home | - | 10/23/25 | 3 | 2 | 1,828 | |
0.34 | Single-Family Home | - | 04/17/26 | 3 | 2 | 1,524 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $395,700 | 5 | 3 | 2,123 | Off Market | |
0.03 | $231,600 | 3 | 2 | 1,565 | Off Market | |
0.09 | $246,400 | 3 | 2 | 1,328 | Off Market | |
0.07 | - | 3 | 1 | 1,188 | Recently Sold | |
0.10 | $222,000 | 3 | 2 | 1,174 | Off Market | |
0.10 | $279,100 | 3 | 2 | 1,678 | Off Market | |
0.12 | - | 4 | 2 | 1,215 | Recently Sold | |
0.13 | $325,000 | 3 | 2 | 2,052 | For Sale | |
0.15 | $260,000 | 3 | 2 | 1,068 | For Sale | |
0.16 | $271,900 | 3 | 2 | 1,286 | Off Market | |
0.18 | $260,000 | 3 | 2 | 1,715 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 26, 2026 Source: NTREIS #21263818 | PriceChange | $475,000 Price decreased by 5% |
May 11, 2026 Source: NTREIS #21263818 | Listed For Sale | $500,000 |
Jan 17, 2023 Source: NTREIS #20163146 | Sold | -- |
Dec 25, 2022 Source: NTREIS #20163146 | Pending | $350,000 |
Dec 14, 2022 Source: NTREIS #20163146 | Contingent | $350,000 |
Nov 27, 2022 Source: NTREIS #20163146 | PriceChange | $350,000 Price decreased by 8% |
Oct 19, 2022 Source: NTREIS #20163146 | PriceChange | $380,000 Price decreased by 5% |
Oct 2, 2022 Source: NTREIS #20163146 | PriceChange | $399,999 Price decreased by 5% |
Sep 16, 2022 Source: NTREIS #20163146 | Listed For Sale | $420,000 |
Mar 30, 2020 Source: N/A | Sold | -- |
Mar 3, 2020 Source: Agent Provided | Pending | $249,900 |
Feb 10, 2020 Source: Agent Provided | Listed For Sale | $249,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,565 | $353,270 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Christopher Ohlig, Compass RE Texas, LLC, 972-532-6336
Agent Phone: (972) 532-6336
IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
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Frequently asked questions about 511 Lakeside Dr
- What is the estimated monthly payment for 511 Lakeside Dr?Based on a $475,000 list price with 20% down at today's rates, the estimated monthly payment for 511 Lakeside Dr in Rockwall, TX is approximately $3,130 (about $2,485 principal & interest, $570 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 511 Lakeside Dr compare to homes in Rockwall?511 Lakeside Dr in Rockwall, TX is listed at $475,000, about 3% above the $462K median sale price in Rockwall.
- What are the closest schools to 511 Lakeside Dr?The closest schools to 511 Lakeside Dr in Rockwall, TX are Amanda Rochell Elementary School (Pre-K, rated 4/10), Maurine Cain Middle School (rated 8/10), Rockwall-Heath High School (rated 7/10).
- What is 511 Lakeside Dr estimated to be worth?Trulia's estimated value for 511 Lakeside Dr in Rockwall, TX is $465,400.
- Does 511 Lakeside Dr have air conditioning?Yes, 511 Lakeside Dr in Rockwall, TX has air conditioning.
- Does 511 Lakeside Dr have a pool?Yes, 511 Lakeside Dr in Rockwall, TX has a pool.
511 Lakeside Dr, Rockwall, TX 75032 is a 4 bedroom, 2 bathroom, 2,441 sqft single-family home built in 2001. 511 Lakeside Dr is located in Rockwall Lake Estates, Rockwall. This property is currently available for sale and was listed by NTREIS on May 11, 2026. The MLS # for this home is MLS# 21263818.