2003 Portofino DR, Rockwall, TX 75032
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OnDemand Realty Commercial

OnDemand Realty Commercial

+1(214) 766-5833
$ 995,000
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2003 Portofino DR Rockwall, TX 75032

25,950 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 25,950 sqft

Price per Sqft $38

Subdivision Watersedge

MLS Listing ID 21252269

HOA Y/N No

Lot Size 0.596 Acres

Acres 0.5957

Property Sub-Type Unimproved Land

Property 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

Location

State TX

County Rockwall

Community Curbs, Sidewalks

Zoning PD-22: Planned Development - Residential

Direction From I30 E, exit Shoreline Trail, turn right on Summer Lee Dr. Turn right on Portofino Dr, property is straight ahead.

Body of Water Ray Hubbard

Interior

Inclusions Land & Improvements, Land Only

Fireplace No

Exterior

Community Features Curbs, Sidewalks

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

Waterfront Description Lake Front

Water Access Desc Public

Private Pool No

Building

Story 3

Sewer Public Sewer

Water Public

Others

Tax ID 61701


OnDemand Realty Commercial

OnDemand Realty Commercial

License ID: 0674395

+1(214) 766-5833

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2003 Portofino DR