$995,000

2003 Portofino Drive, Rockwall, TX 75032

  • 25,950 sqft
  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.6acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $38/sqft
  • Property List Date Icon Listed 20 days ago

Property Description

Presenting a rare opportunity to acquire six (6) shovel-ready lakeside development lots in one of North Texas’ most sought-after waterfront communities - Watersedge at Lake Ray Hubbard. Perfectly positioned in the heart of Rockwall’s Lakeside Harbor District and steps from the Hilton Rockwall Lakefront Resort, these fully entitled and permit-ready sites offer developers a direct path to vertical construction in an established, luxury setting. This collection of approved lots at 2028–2038 Portofino Drive sits adjacent to a newly completed residence at 2026 Portofino Drive - a 3-bedroom, 3-bath, 1,960-square-foot luxury condominium currently offered at $500,000, demonstrating proven market acceptance and price support for this product type. The immediately adjacent, completed condos within this development range in asking price from $500,000 - $615,000. INVESTMENT HIGHLIGHTS • Six (6) fully entitled, shovel-ready luxury condominium development lots • All development plans and permits fully approved; immediate permit issuance upon payment of fees • Infrastructure complete with no off-site improvements required • HOA-approved flexibility allowing a townhome configuration • Mediterranean architectural theme consistent with existing community • Walkable access to marina, dining, entertainment, and boutique retail • Immediate I-30 access with Downtown Dallas approximately 30–35 minutes away

Listing Status:
Active
Data Last Updated:
May 18, 2026 at 7:20PM
Listing Office:
Younger Partners Dallas, LLC : 214-294-4400
Listing Agent:
Jennifer Permenter :
MLS ID:
21252269
  • General: BrickOtherRockStone3
  • Originating MLS: NTR
  • County: Rockwall
  • Zoning: 61701
  • Utilities: Electricity ConnectedSewer AvailableUnderground UtilitiesWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR

This listing courtesy of Jennifer Permenter , Younger Partners Dallas, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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