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About the Listing YPDL01 - 0397828
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 Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
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Exterior Details
- Lot Description: .5 to < 1 Acre,Lake Front
- Garage Capacity: N/A
- Zoning: PD-22: Planned Development - Residential
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- Others: Proposed
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Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 61701
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Payment Calculator
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2003 Portofino Dr Rockwall, TX 75032
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