Favorite Listings
Rockwall, TX 75032
$995,000

About this home

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

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
25950
Living Area
0
Lot Size (Acres)
0.5957
Property Subtype
Unimproved Land
Property Type
Commercial Sale
Status
Active

Interior

Fireplaces
0

Exterior & Construction

Construction
Brick, Other, Rock, Stone

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Rockwall
County
Rockwall
ZIP Code
75032
State
TX
Subdivision
Watersedge

Financial

Price
995000

Utilities

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

Listing Details

Listing Agent
Jennifer Permenter
Listing Office
Younger Partners Dallas, LLC
MLS #
21252269

Listing agents

Listing AgentJennifer PermenterYounger Partners Dallas, LLC

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