Property Details:
- County or Parish
- Rockwall
- Lot Size
- .5 to < 1 Acre
- Lot Size (Acres)
- 0.5957
- Lot Size Area
- 25950.0000
- Lot Size (Square Feet)
- 25950.0000
- Zoning Description
- PD-22: Planned Development - Residential
Interior Information:
- Stories Total
- 3
Exterior Information:
- Lot Size
- .5 to < 1 Acre
- Acres
- 0.5957
- Lake
- Ray Hubbard
- Waterfront
- Yes
- Waterfront Features
- Lake Front
Commercial Info:
- Building Area Total
- 25950.00
- Building Use
- Other
Map
FEMA flood-zone legend
Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.
MLS 21252269
2003 Portofino Drive
Rockwall, Texas
$995,000
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Type: Commercial Sale
Remarks: 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
Active
Listed by: Jennifer Permenter
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Tony C Hager
Broker
A URT Holdings team member available to help with this property.
- Office: (940) 898-8000 ext. 6000
- Mobile: (940) 597-3006
- broker@urthllc.com
- License #0444321