HomesRockwall › 511 Lakeside Drive
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$475,000

511 Lakeside Drive

Rockwall, TX 75032 · Rockwall Lake Estate #1 · Rockwall County
ActiveMLS #21263818 · Single Family Residence
4Beds
2Baths
2,441Sq Ft
0.184Acres
2001Built
Bestimate
$430,000 – $570,000

Rough estimate — a quick conversation with James dials in the real number.

Automated range from 80 comparable homes currently listed in ZIP 75032 (asking prices for similar size and bedrooms — not sale prices). Not an appraisal or broker price opinion.

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.

Courtesy of Compass RE Texas, LLC — listing agent Christopher Ohlig
Contact the listing firm: 469-210-8288 · TXbroker@compass.com

Home facts

Overview

Price
$475,000
Price per sq ft
$195
Status
Active
Property type
Single Family Residence
Year built
2001
Condition
Resale
Style
Traditional, Detached
Stories
2
Levels
Two
Days on market
107
Price last changed
Aug 26, 2026

Bedrooms & bathrooms

Bedrooms
4
Full bathrooms
2
Living area
2,441 sq ft

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 Ceilings, Natural Woodwork, Walk In Closets, Wired For Sound
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Washer
Flooring
Carpet, Ceramic Tile, Tile
Heating
Central, Electric
Cooling
Central Air, Ceiling Fans, Electric, Roof Turbines
Laundry
Common Area, Washer Hookup, Dryer Hookup, Electric Dryer Hookup, Laundry In Utility Room
Windows
Window Coverings
Security
Carbon Monoxide Detectors, Smoke Detectors, Security Lights

Exterior & lot

Lot size
0.184 acres · 8,015.04 sq ft
Lot
Back Yard, Cleared, Interior Lot, Lawn, Landscaped, Native Plants, Subdivision, Few Trees, Waterfront, Retaining Wall
Exterior features
Dock, Fire Pit, Lighting, Outdoor Grill, Outdoor Living Area, Private Entrance, Private Yard, Rain Gutters
Patio & porch
Rear Porch, Front Porch, Patio, Covered
Fencing
Back Yard, Fenced, Full, Front Yard, Gate, Metal, Wood, Wrought Iron
Waterfront
Yes
Roof
Composition, Shingle
Foundation
Slab
Construction
Brick, Concrete, Rock, Stone, Stone Veneer, Wood Siding

Parking

Garage spaces
2 (attached)
Parking
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

HOA & taxes

HOA
No
Community features
Fishing, Lake, Putting Green
Annual property tax (per MLS)
$5,565

Utilities & efficiency

Utilities
Electricity Available, Electricity Connected, Phone Available, Sewer Available, Underground Utilities, Water Available, Cable Available
Water
Public
Sewer
Public Sewer

Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.

Assigned schools

School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.

Neighborhood & nearby

Rockwall Lake Estate #1 subdivision · Rockwall, TX 75032 · Rockwall County

Parks

  • Lake Pointe Park 0.3 mi
  • Windmill Ridge Park 0.4 mi
  • The Park at Fox Chase 0.5 mi
  • Flagstone Creek Estates HOA Park 1.0 mi

Dining

  • Pizza Hut 0.8 mi
  • Basil Cafe 0.8 mi
  • Crisp & Green 1.0 mi
  • On The Border 1.0 mi

Groceries & shopping

  • Target 0.9 mi
  • Kroger 0.9 mi
  • ALDI 1.0 mi
  • Sprouts Farmers Market 1.1 mi

Golf

  • Buffalo Creek Golf Club 1.2 mi
  • Lakeside Village Golf Course 1.5 mi

Fitness & recreation

  • Big League Sports Academy Inc 0.5 mi
  • Shawn Jordan's Total Performance Training 0.9 mi
  • Aqua-Tots Swim Schools 1.0 mi
  • Hotworx 1.2 mi

Library & movies

  • Cinemark Rockwall 14 and XD 1.4 mi

Straight-line distances. Places data © OpenStreetMap contributors. Information provided for general reference; buyers should independently verify schools, districts, and community details.

Rockwall homes and area information →

Listing updated Aug 26, 2026, 4:13 PM CT
Presented by James Baker, Broker · MTX Realty, LLC · TREC #640642-B

Listing data last updated Sep 12, 2026, 9:51 AM CT

Information deemed reliable but not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 North Texas Real Estate Information Systems, Inc. (NTREIS). All rights reserved. Data last updated Sep 12, 2026, 9:51 AM CT.

Listings marked with the NTREIS logo are provided through the NTREIS Internet Data Exchange (IDX) program. IDX data may not be reproduced or redistributed. Status key: Active means available; Active Under Contract and Pending mean under contract but not yet closed. To report an inaccuracy, call or text 817-756-9642 or email jhbakerjr@gmail.com.