511 Lakeside Dr, Rockwall, TX 75032
FOR SALE

511 Lakeside Dr
Rockwall, TX 75032

Rockwall Lake Estates
  • 4 Beds
  • 2 Baths
  • 2,441 sqft

$500,000

Est. Mortgage $3,167/mo*

$500,000

Est. Mortgage $3,167/mo*
4 Beds
2 Baths
2,441 sqft
We estimate this home will sell faster than 91% nearby.

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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.
We estimate this home will sell faster than 91% nearby.

Home Highlights

Parking
2 Car Garage
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$205
Listed
16 days ago

Home Details for 511 Lakeside Dr

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 16Days on Market: 16

Property Information

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
Not Included in Sale: Pool table, 80" TV located downstairs is excluded but available for purchase.Parcel Number: 000000024199

Price & Status

Price
List Price: $500,000Price Per Sqft: $205
Status Change & Dates
Possession Timing: Close Of Escrow, Negotiable, Subject To Tenant Rights

Active Status

MLS Status: Active

Location

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

Agent Information

Listing Agent
Listing ID: 21263818

Community

Community Features: Fishing, Lake, Putting GreenNot Senior Community

HOA

No HOA

Lot Information

Lot Area: 8015.04 sqft

Offer

Listing Terms: Assumable, Cash, Conventional, 1031 Exchange, FHA

Miscellaneous

Mls Number: 21263818Living Area Range Units: Square FeetWater ViewAttribution Contact: 972-532-6336

Additional Information

FishingLakePutting Green
Last check for updates: about 3 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.

Price History for 511 Lakeside Dr

DatePriceEventSource
05/11/2026$500,000Listed For SaleNTREIS #21263818
01/17/2023--Sold
NTREIS #20163146
12/25/2022$350,000PendingNTREIS #20163146
12/14/2022$350,000ContingentNTREIS #20163146
11/27/2022$350,000PriceChange
NTREIS #20163146
10/19/2022$380,000PriceChange
NTREIS #20163146
10/02/2022$399,999PriceChange
NTREIS #20163146
09/16/2022$420,000Listed For SaleNTREIS #20163146
03/30/2020--Sold
N/A
03/03/2020$249,900PendingAgent Provided
02/10/2020$249,900Listed For SaleAgent Provided

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Property Tax and Assessment

Year2025
Tax$5,565
Assessment$353,270
Home facts updated by county records

Comparable Sales for 511 Lakeside Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.18
Single-Family Home
-
09/18/25
4
2
1,988
0.03
Single-Family Home
-
09/17/25
3
2
1,565
0.28
Single-Family Home
-
06/16/25
3
2
1,968
0.16
Single-Family Home
-
08/27/25
3
2
1,648
0.21
Single-Family Home
-
07/07/25
3
2
1,288
0.28
Single-Family Home
-
06/20/25
3
2
1,577
0.42
Single-Family Home
-
10/03/25
4
2
1,909
0.34
Single-Family Home
-
10/23/25
3
2
1,828
0.33
Single-Family Home
-
06/02/25
4
3
1,947
0.34
Single-Family Home
-
04/17/26
3
2
1,524

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
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.