511 Lakeside Drive, Rockwall, TX 75032

• 4 beds |
• 2 baths |
• 2,441 sqft

Property 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.

Listing Status:

Active

Data Last Updated:

May 17, 2026 at 1:19PM

Listing Office:

Compass RE Texas, LLC : 469-210-8288

Listing Agent:

Christopher Ohlig :

MLS ID:

21263818

Interior

• General: Built-in FeaturesChandelierDecorative/Designer Lighting FixturesDouble VanityEat-in KitchenGranite CountersHigh Speed InternetKitchen IslandOpen FloorplanPantryPaneling/WainscotingCable TVVaulted Ceiling(s)Natural WoodworkWalk-In Closet(s)Wired for Sound
• Appliances: DryerDishwasherElectric RangeElectric Water HeaterDisposalMicrowaveRefrigeratorVented Exhaust FanWasher
• Laundry: Common AreaWasher HookupDryer HookupElectricDryer HookupLaundry in Utility Room
• Flooring: CarpetCeramic TileTile
• A/C: Central AirCeiling Fan(s)ElectricRoof Turbine(s)
• Heating: CentralElectric
• Fireplace: Fireplaces: 0
• Eco/Green Feature: Ventilation

Exterior

• General: DockFire PitLightingOutdoor GrillOutdoor Living AreaPrivate EntrancePrivate YardRain GuttersOther
• Style: TraditionalDetached
• Other Structures: Other
• Pool: None
• Parking: Additional ParkingConcreteCoveredDrive ThroughDirect AccessDoor-SingleDrivewayEnclosedGarage Faces FrontGarageGarage Door OpenerGatedInside EntranceKitchen LevelLightedOn SiteSecured

Construction

• Roofing: CompositionShingle
• Windows: Window Coverings
• General: BrickConcreteRockStoneStone VeneerWood Siding2Slab

Location

• Road/Access: All Weather Road
• Originating MLS: NTR
• School District: Rockwall ISD
• County: Rockwall

Lot

• Zoning: 000000024199
• View: WaterView
• Fencing: Back YardFencedFullFront YardGateMetalWoodWrought Iron

Utilities

• Utilities: Electricity AvailableElectricity ConnectedPhone AvailableSewer AvailableUnderground UtilitiesWater AvailableCable Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: NTR
• Exclusions: Pool table80" TV located downstairs is excluded but available for purchase.