About 511 Lakeside Drive
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.
Features of 511 Lakeside Drive
| MLS® # | 21263818 |
|---|---|
| Price | $475,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,441 |
| Acres | 0.18 |
| Year Built | 2001 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 511 Lakeside Drive |
|---|---|
| Subdivision | Rockwall Lake Estate #1 |
| City | Rockwall |
| County | Rockwall |
| State | TX |
| Zip Code | 75032-6137 |
Amenities
| Utilities | All Weather Road, Cable Available, City Sewer, City Water, Concrete, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Underground Utilities |
|---|---|
| Features | Fishing, Lake |
| # of Garages | 2 |
| Garages | Additional Parking, Concrete, Covered, Direct Access, Driveway, Garage, Garage Door Opener, Garage Faces Front, 2-Car Single Doors, Gated, Inside Entrance, Kitchen Level, Lighted, On Site, Drive Through, Enclosed, Secured |
| Is Waterfront | Yes |
| Waterfront | Lake Front, Lake Front – Main Body, Dock – Uncovered, Retaining Wall – Concrete, Retaining Wall – Other |
| Has Pool | No |
Interior
| Interior Features | Built-in Features, Cable TV Available, 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), Chandelier |
|---|---|
| Appliances | Negotiable |
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Exterior Features | Covered Porch(es), Fire Pit, Rain Gutters, Lighting, Outdoor Grill, Outdoor Living Center, Private Entrance, Private Yard, Dock, Putting Green |
|---|---|
| Lot Description | Cleared, Few Trees, Interior Lot, Landscaped, Lrg. Backyard Grass, Subdivision, Water/Lake View, Other, Waterfront |
| Roof | Composition, Shingle |
| Construction | Brick, Rock/Stone, Stone Veneer, Wood, Concrete |
| Foundation | Slab |
School Information
| District | Rockwall ISD |
|---|---|
| Elementary | Amanda Rochell |
| Middle | Cain |
| High | Rockwall-Heath |
Listing Details
| Agent | Christopher Ohlig |
|---|---|
| Office | Compass RE Texas, LLC |
| Contact Info | 972-532-6336 |
| Office Contact | 972-532-6336 |