Location
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
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
Property Details
Price:
$995,000
MLS #:
21252269
Status:
Active
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Subdivision:
Watersedge
Listed Date:
Apr 27, 2026
Lot Size:
25,950 sqft / 0.60 acres (approx)
Schools
Interior
Exterior
Construction Materials
Brick, Rock/Stone, Other
Lot Size Area
25950.0000
Number Of Units Total
6
Waterfront Features
Lake Front
Financial
See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Community
- Address2003 Portofino Drive Rockwall TX
- SubdivisionWatersedge
- CityRockwall
- CountyRockwall
- Zip Code75032
Subdivisions in Rockwall
- .
- A0080 W W FORD, TRACT 20-4
- A0193 J E SHERWOOD
- A0231 A Rodriquez
- Airpark East Add Ph 2
- Amick
- B F Boydston
- B Perry
- Benton Woods
- BERNICE BLOCK A LOT 1
- Bf Boydstun Surv Abs 14
- Bishop Unrec
- Bluebonnet Ridge
- Boydston
- Breezy Hill
- Breezy Hill Estates Ph Xi
- Breezy Hill Ph Iia & Iib
- Breezy Hill Ph III
- Breezy Hill Ph Ix-A
- Breezy Hill Ph V
- Breezy Hill Ph VI
- Breezy Hill Ph Vii
- Breezy Hill Ph X
- Breezy Hill Ph Xi
- CANUP
- Caruth Lake Ph 4
- Caruth Lake Ph 5
- Caruth Lake Ph 6
- Caruth Lakes Ph 5
- Caruth Lakes Ph 8a
- Castle Ridge Estates Ph 1
- Castle Ridge Estates Ph 2
- Chandlers Landing
- Chandlers Landing #10
- Chandlers Landing #14
- Chandlers Landing #15 Replat-2
- Chandlers Landing #16 & Rep
- Chandlers Landing #17
- Chandlers Landing #19
- Chandlers Landing #2
- Chandlers Landing #20
- Chandlers Landing #3
- Chandlers Landing #5
- Chandlers Landing #6
- Chandlers Landing #7
- Chisholm Ranch Estates
- Community Bank Of Rockwall Add
- Conover Add
- Creekside Village-Phase Two
- Crowells Hidden Valley Estates
- Cutter Hill #2
- Cutter Hill #3
- D Atkins
- Dalton Ranch
- DAWSON, LOT 8
- Discovery Lakes
- DISCOVERY LAKES PHASE 1
- Duncan Acres
- Ellis Centre
- Elsey Add
- Emerson Farms
- Eppstein Add
- Equestrian Estate
- Equestrian Meadows
- Fairway Pointe Ph 2 The Sh
- Fairway Pointe Ph 3
- Foxchase Ph 1
- Foxchase Ph 5
- Foxchase Ph 6
- Garner
- GEORGE MOTON ESTATES ADDITION TO THE CITY OF
- Gideon Grove
- Gideon Grove North
- Gideon Grove North Sub
- Gideon Grove Ph 2 Sub
- Glen Hills Ranch
- Green Meadows
- Greenlee Add
- Harbor Landing Ph 01
- Harbor Landing Ph 2
- Harlan Park Ph 2
- Harvest Lakes
- Heritage on the Lake
- Hickory Rdg Ph 02
- Hickory Ridge Ph 4
- Hickory Ridge Ph One
- Hickory Ridge Ph Two
- HICKORY RIDGE PHASE 4
- High Point Lake Estates Ph 2
- High Point Lake Estates Sec 2
- High Point Lake Estates, Secti
- Highland Hills
- Highland Meadows #1 Crw
- Highlands
- Highridge Estate
- Highwood
- Hillcrest Shores Ph Three
- Hillside Ph 2 The Shores
- Hillside Ph 3 The Shores
- Hillside Ph 4 The Shores
- Hillside Ph 5 The Shores
- Homestead – 62
- Homestead – 72
- Homestead Ph I
- Isaac Brown
- J A Ramsey
- J H Robnett
- J L Robinett Surv Abs 182
- JH Bailey
- Jh Bailey Surv Abs #34
- John Spong Sub #1
- JW Pitman
- L & W
- Ladera
- Ladera at Rockwall Condominiums
- Ladera Rockwall Condos
- Lago Vista
- LAKE RAY HUBBARD EST
- Lake Ray Hubbard Estate
- Lakeridge Park
- Lakeside Village #1
- Lakeside Village #2
- Lakeside Village #3
- Lakeside Village #4
- Lakeside Village Ph 2
- Lakeside Village Ph V-C
- Lakeview Summit
- Lakeview Summit Ph 1
- Lakeview Summit Ph 1-A
- Lakeview Summit Ph 2
- Lakeview Summit Ph 3
- Lakeview Summit Ph IV
- Lakewood Village
- Lariat Estates
- Life Spring Church
- Lofland
- Lofland Farms Ph 1
- Lofland Farms Ph 2
- Lofland Farms Ph 5-A
- Lofland Farms Ph 5-B
- Lofland LOT S 18 of 4 N 47 of 5
- LONGBRANCH COMMUNITY PH3
- Lowe & Allen
- Lynden Park Estates Ph 1a
- Lynden Park Estates Ph 1b
- Lynden Park Estates Ph 3
- Lynden Park Estates Ph 4
- M & M Johnson Add
- Meadowcreek Estates Ph I
- Meadowcreek Estates Ph II
- Meadowcreek Estates Ph III
- Meadowcreek Estates Ph IV
- Melton & Frazier
- Mill Co
- N Goliad
- Nelson Lake
- Nelson Lake Estates
- Newport Place
- No
- North Towne Add
- Northcrest Estate #2
- Northgate Add
- Northshore #1
- Northshore #1a
- Northshore #2A
- Northshore Ph 2b
- null
- Oaks Of Buffalo Way
- Orleans On The Lake
- Park Hills
- Park Place Ph IV
- Park Place West Add Ph III Add
- Park Place West Ph II Add
- Park Place West Ph III Add
- Park Ridge Estate
- Peachtree Meadows
- Peoples Tract Addition
- Prairie Hill Estate
- Preserve Ph 2, The
- Preserve Ph 3, The
- Promenade Harbor
- Quail Hollow
- Quail Hollow Ph 1
- Quail Rollow Ph 1
- Quail Run Valley
- Quail Run Valley 1
- Quail Run Valley 2
- R Ballard Surv Abs #29
- R Peckham
- Rainbow Acres
- Rainbow Lake Estates
- Random Oaks At The Shores
- Remington Park Ph One
- Richard Dickens Surv Abs # 73
- Ridge Road Village
- Ridge-View Add Instl #1
- Ridge-View Add Instl #i
- Ridgecrest
- Ridgells Sub
- Ridgeview
- Robbins Add
- Rockwall Lake
- Rockwall Lake East #2
- Rockwall Lake Estate #1
- Rockwall Lake Estate #2
- Rockwall Lake Estates West Add
- Rockwall Towne Center
- Rolling Meadows Estates
- Ruth Peckam Survey Abstract A0175
- Ruth Peckum Surv Abs 175
- Saddle Star Estates
- Sanger
- Shores N. Phase 2
- Shores North Ph 2a
- Shores North Ph 2b
- Shores North Ph 4a
- Shores North Ph 4b
- Shores North Ph 5
- Shores North Ph 6
- Signal Ridge #1
- Signal Ridge #2a & 2b
- Signal Ridge #3
- Signal Ridge #4
- Skyview Country Estate #3
- Somerset Park
- Somerset Park Ph II
- Somerset Park Phase 2
- South Ridge Add
- Spyglass
- Spyglass Hill
- Spyglass Hill #1
- Spyglass Hill #2
- Spyglass Hill #3
- St Marys Place
- Stone Creek
- Stone Creek Ph 1
- Stone Creek Ph Iib
- Stone Creek Ph III
- Stone Creek Ph IV
- Stone Creek Ph V
- Stone Creek Ph VI
- Stone Creek Ph Vii
- Stone Creek PH VIII
- Stone Crk Ph X
- Stonebridge Meadows #1
- Stonebridge Meadows #3
- Stonebridge Meadows #4
- Stonebridge Meadows #5
- Stoney Hollow Add
- Strickland
- Sun Acres
- TBD
- Terraces
- Terraces 62
- Terraces Ph 1
- Terraces Ph One
- Terracina Estates
- The Homestead
- The Shores
- The Shores Fairway Pointe
- The Shores Ph 2
- The Shores Ph 3
- The Standard Rockwall
- The Standard-Rockwall Addition
- Timber Creek Estates
- Townsend Village
- Turtle Cove
- Turtle Cove Add Ph 2
- Turtle Cove Ph 3
- Uptown Goliad
- Vernon Estates
- W W Ford
- WADE
- Wade Add
- Wade Additdon
- Walmart Supercenter Addition
- Watersedge
- Watersedge At Lake Ray Hubbard
- Waterstone Estates
- Wellington Manor
- Whisper Rock
- William W Ford Abs #80 5
- Willowcrest Estates
- Winding Creek
- WINDMILL RIDGE EST
- Windmill Ridge Estate #3a
- Windmill Ridge Estates #3b
- Windmill Ridge Estates #4
- Windmill Ridge Estates 2a
- Windmill Ridge Estates Iv-B
- Windmill Valley
- Wm Briscoe
- Woodcreek Ph 3-C
- Zion Hills Estates
Market Summary
Property Summary
- Located in the Watersedge subdivision, 2003 Portofino Drive Rockwall TX is a Land for sale in Rockwall, TX, 75032. It is listed for $995,000 and features 1 acres. To schedule a showing of MLS#21252269 at 2003 Portofino Drive in Rockwall, TX, contact your Aaron Layman Properties agent at 940-209-2100.
2003 Portofino Drive
Rockwall, TX