2003 Portofino Drive, Rockwall, TX 75032
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Norluxe Realty

Norluxe Realty

+1(470) 223-1981
$ 995,000
Est. payment | /mo

0.6 Acres Lot

Save
$ 995,000
Est. payment | /mo
Save

0.6 Acres Lot

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Watersedge

MLS Listing ID 21252269

Total Fin. Sqft 25950

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

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.

Exterior

Utilities Available City Sewer, City Water, Concrete, Curbs, Electricity Connected, Sidewalk, Underground Utilities

Waterfront Description Lake Front

Garage No

Building

Structure Type Brick,Rock/Stone,Other

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Jennifer Permenter • Younger Partners Dallas, LLC
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Norluxe Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(470) 223-1981

info@norluxerealty.com

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2003 Portofino Drive