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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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2003 Portofino Dr , Rockwall, TX 75032
$995,000
Est. Payment: $5,122.69/mo
0 Bed
0 Bath
25950 Sqft
Status: active | Days on site: 119
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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

Highlights

Listed by Jennifer Permenter , Younger Partners Dallas, LLC , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.6

County

Rockwall

Neighborhood

Watersedge

Listing ID

21252269

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:.5 to < 1 Acre,Lake Front
Zoning:PD-22: Planned Development - Residential
Others:
  • Additional:Proposed
Principal Interest
$5,123
Taxes
$634

Home Price

$995,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$199,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,122.69

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,122.69 $634.31 $0.00 $5,757.00
Yearly $61,472.31 $7,611.75 $0.00 $69,084.06
Total $1,844,169.16 $228,352.50 $0.00 $2,072,521.66

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Rockwall, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

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