2003 Portofino Drive Rockwall, TX $ 995,000
2003 Portofino Drive
$ 995,000
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2003 Portofino Drive

Rockwall, TX, 75032
$ 995,000
Bedrooms-- Baths--

Monthly Estimate*

$ 6,126

2003 Portofino Drive, Rockwall, TX 75032 - Image 1

Commercial Property for sale in Rockwall, TX

for $995,000. The lot size is 0.5957.

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

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Commercial Active

Price

$ 995,000

Property Type

Commercial

Taxes

$ 0

Style

Unimproved Land

Lot Size

0.5957

Town/City

Rockwall

County/Region

Rockwall

MLS | Web ID

21252269

Features
Exterior
Waterfront 1
Lot Size Source Public Records
WaterFront Features Lake Front
Lot Size .5 to < 1 Acre
Building Area Total 25950.00
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General
Utilities City Sewer City Water Concrete Curbs Electricity Connected Sidewalk Underground Utilities
Possession Closing/Funding
Business Type Residential
Property Subtype Unimproved Land
Subdivision Name Watersedge
County Rockwall
Property Type Commercial Sale
Construction Materials Brick Rock/Stone Other
Year Built Details Proposed
Status Active
Directions From I30 E exit Shoreline Trail turn right on Summer Lee Dr. Turn right on Portofino Dr property is straight ahead.
City Rockwall
Standard Status Active
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Interior
Total Stories 3
Total Units 6
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Internal Only
Street Number 1 2003
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* Excluded Features
List By
Jennifer Permenter

Listing Agent

Younger Partners Dallas, Llc

Broker

Affordability Calculator

$6,126
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,126
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
4/27/2026 $995,000 Listed Price

Map


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2003 Portofino Drive, Rockwall, TX, 75032 is a Commercial Property for sale at $995,000 with a lot size of 0.5957. The property's zip code is 75032 which is in Rockwall, TX