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4020 Mediterranean St, Rockwall, TX, 75087

2beds
3baths
2,213sqft
$350,000
$158price/sqft
$2,670/moest. monthly cost
$106,800/yrincome needed

About This Home

FOR SALE OR LEASE! WHAT are you waiting for? Experience lakefront living in this beautifully updated Mediterranean townhome located inside the exclusive gated community of Lakeside Village on the shores of Lake Ray Hubbard. Rich in architectural character, this three-story residence showcases classic Mediterranean design elements including custom tile floors and finishes, balconies from every level and inviting indoor-outdoor living spaces that complement its waterfront setting. Offering 2 bedrooms, 2.5 baths, and approximately 2,200 square feet of living space, the home features stunning lake views from every level. Enjoy spectacular sunsets, direct water access from your backyard, a deck, and two private balconies capturing the breathtaking Texas sunsets. The interior blends timeless Mediterranean charm with modern comfort featuring granite countertops, custom tile flooring and backsplash and cabinetry. The floor plan includes two living areas, chef inspired kitchen, a second primary bedroom an oversized primary retreat complete with a sitting area and a spa-like bath featuring dual vanities, a soaking tub, and separate shower. Residents of Lakeside Village enjoy amenities that include a 9-hole executive golf course, two community pools, tennis and pickleball courts, playgrounds, secure RV and boat storage. A nearby marina offers easy access for boating and endless days on the lake. Ideally located in Rockwall ISD, this exceptional property is just minutes from shopping, dining, and entertainment at The Harbor and historic downtown., This is more than a home it’s a luxurious Mediterranean lakefront retreat designed for everyday resort-style living. Don’t miss this rare opportunity to own your own slice of waterfront paradise on Lake Ray Hubbard.

Getting Around

29
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

7/10
9/10
Rockwall High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1994

Materials

  • Foundation: Slab
  • Roof: Tile
  • Construction materials: Stucco

Type & Style

  • Home type: Townhouse
  • Architectural style: Mediterranean
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Oven,Electric Range,Disposal,Gas Water Heater,Microwave
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Laundry in Utility Room

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Family Room

  • Level: Second
  • Dimensions: 19 x 13

Features

  • Double Vanity,Eat-in Kitchen,Granite Counters,High Speed Internet,Multiple Master Suites,Multiple Staircases,Pantry,Tile Counters,Cable TV,Walk-In Closet(s)
  • Flooring: Carpet,Tile,Wood

Half Bath

  • Level: Second
  • Dimensions: 4 x 5

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,213 sqft

Kitchen

  • Level: Second
  • Dimensions: 13 x 18

Laundry

  • Level: First
  • Dimensions: 10 x 4

Living Room

  • Features: Built-in Features
  • Level: First
  • Dimensions: 13 x 18

Master Bathroom

  • Level: Third
  • Dimensions: 20 x 14

Master Bedroom

  • Level: First
  • Dimensions: 13 x 16

Master Bedroom

  • Level: Third
  • Dimensions: 13 x 21

Other

  • Level: First
  • Dimensions: 6 x 12

Property

Details

  • Parcel number: 000000019129
  • Attached to another structure: Yes
  • Other equipment: Satellite Dish

Features

  • Levels: Three Or More
  • Pool features: None,Community
  • Patio & porch: Covered,Deck
  • Exterior features: Deck
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • On waterfront: Yes
  • Waterfront features: Beach Access,Lake Front
  • Residential vegetation: Grassed

Lot

  • Lot size: 827.64 sqft
  • Features: Landscaped

Parking

  • Parking features: Additional Parking,Assigned,Asphalt,RV Access/Parking

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Tornado
Hail
Heat Wave
Strong Wind
Cold Wave
Inland Flooding

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,769$21,228
Home Insurance *$215$2,580
Property Taxes $443$5,316
Electricity $243$2,916
Total$2,670$32,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,542/yr
40% on housing$80,100/yr
45% on housing$71,200/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.0%
6.0%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$158This listing

vs Other Active Listings

Avg $/sqft

ZIP 75087$195
Rockwall County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 75087$188
Rockwall County$170

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-08Price change$350,000
2026-05-22Listed for sale$375,000
2026-05-07Listing removed$2,400
2026-05-05Listed for rent$2,400
2026-05-01Listing removed$375,000
2026-04-24Price change$375,000
2026-04-01Listing removed$2,400
2026-03-16Price change$2,400
2026-03-16Price change$399,900
2026-02-25Price change$2,600
2026-02-25Listed for sale$425,000
2026-02-03Listed for rent$2,700
2026-02-03Listing removed$2,700
2026-01-13Price change$2,700
2025-12-02Price change$2,800
2025-11-03Listed for rent$2,900
2021-01-13Sold--
2020-12-26Pending sale$349,900
2020-12-04Listed for sale$349,900
2015-08-28Sold--
2015-07-27Pending sale$214,900
2015-07-16Price change$214,900
2015-06-09Listed for sale$225,000
2012-07-18Listing removed$1,600
2012-07-04Listed for rent$1,600
2002-02-28Sold--

For Sale by Agent

AgentApril Cordell
BrokerageMonument Realty

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