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511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
511 Lakeside Drive
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$475,000

511 Lakeside Drive

4 Beds 2 Baths 2,441 Sq.Ft. 8,015.04 Sq.Ft.

Description

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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Location

511 Lakeside Drive, Rockwall, TX 75032

Status

For Sale

Property Amenities

Interior
Laundry room Common Area, Washer Hookup, Dryer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Appliances Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Washer
Flooring Carpet, Ceramic Tile, Tile
Total Bedrooms: 4
Full Bathrooms: 2
Other 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 Ceiling(s), Natural Woodwork, Walk-In Closet(s), Wired for Sound
Area & Lot
Lot Area 8,015.04 Sq.Ft.
Living area 2,441 Sq.Ft.
MLS® ID 21263818
Year Built 2001
School District Rockwall ISD
High School Rockwall-Heath
Middle School Cain
Elementary School Amanda Rochell
Water Frontage Boat Dock/Slip, Lake Front, Waterfront
View Description Water
Architecture Styles Traditional, Detached
Type Residential
Status For Sale
Exterior
Stories 2
Pool None
Air conditioning Central Air, Ceiling Fan(s), Electric, Roof Turbine(s)
Heat type Central, Electric
Water Source Public
Garage Space 2.0
Security Features Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
Sewer Public Sewer
Other Exterior Features Dock, Fire Pit, Lighting, Outdoor Grill, Outdoor Living Area, Private Entrance, Private Yard, Rain Gutters
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
Lot Features Back Yard, Cleared, Interior Lot, Lawn, Landscaped, Native Plants, Other, Subdivision, Few Trees, Waterfront, Retaining Wall
Roof Composition, Shingle
Utilities Electricity Available, Electricity Connected, Phone Available, Sewer Available, Underground Utilities, Water Available, Cable Available
Finance
Sales Price $475,000
Real Estate Tax $5,565 yearly

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