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Pending
  • $413,999

    5402 Peninsula Way, Garland, TX 75043

    3beds
    1,785sqft
    : 
    $3,802/mo
    Get pre-qualified
    Single Family Residence
    Built in 1983
    9,757 Square Feet Lot
    $405,900 Zestimate®
    $232/sqft
    $-- HOA

    What's special

    Sparkling private poolResort-style poolGorgeous arched stained-glass windowLake viewsSoaring vaulted ceilingsGreenbelt privacyWood-look tile
    Homes like this don't come along often on Rockwall lake. Fully renovated just a few years ago and a proven Airbnb performer with years of strong, steady income, this one is ready for its next chapter...your family's home, your smartest investment, or both. Tucked against an expansive greenbelt with views of the lake, the backyard is where this home truly shines. A sparkling private pool anchors the patio, framed by a shaded pergola, a quiet retreat where the only neighbors behind you are trees, water, and Texas sunsets. Inside, soaring vaulted ceilings, wood-look tile, and walls of windows fill the open living and dining areas with natural light. The showstopping floral accent wall with its neon 'Hello Gorgeous' sign has made this home instantly recognizable to guests, and endlessly photogenic. The kitchen pairs warm wood cabinetry with black granite, stainless appliances, and a bay window framing the lake, while the skylit dining space seats eight with French doors opening straight to the pool. And yes, it comes with the arcade. A dedicated game room loaded with classic arcade cabinets, air hockey, and shuffleboard has been a guest favorite for years and sets this property apart from everything else on the lake. Spacious bedrooms include a serene king suite with sitting area and backyard access, plus a bunk room guests love. The spa-inspired primary bath features dual vanities and an oversized walk-in shower with two showerheads, a built-in bench, and a gorgeous arched stained-glass window. Lake views, greenbelt privacy, resort-style pool, and documented short-term rental income, flexibility and lifestyle that rarely hit the market in Rockwall. Come experience it in person at the open house.
    74 days
    500
    54

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Brad Smith 0738209,

    BLVD Group 214-308-1363

    Source: NTREIS,MLS#: 21330332

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Dimensions: 0 x 0
      Bedroom
      • Level: First
      • Dimensions: 0 x 0
      Bedroom
      • Level: First
      • Dimensions: 0 x 0
      Primary bathroom
      • Level: First
      • Dimensions: 0 x 0
      Dining room
      • Level: First
      • Dimensions: 0 x 0
      Other
      • Level: First
      • Dimensions: 0 x 0
      Living room
      • Level: First
      • Dimensions: 0 x 0
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer
      Features
      • Built-in Features, Decorative/Designer Lighting Fixtures, Double Vanity, Open Floorplan
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Family Room
      Interior area
      • Total interior livable area: 1,785 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Door-Multi, Garage
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Pool features: In Ground, Pool
      • Fencing: Back Yard
      • On waterfront: Yes
      • Waterfront features: Lake Front
      Lot
      • Size: 9,757 Square Feet
      Details
      • Parcel number: 26004600200120000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Detached
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Roof: Composition
      Condition
      • Resale
      • Year built: 1983

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Available, Sewer Available, Separate Meters, Water Available

      Community & HOA

      Community
      • Subdivision: Anchor Point
      HOA
      • Has HOA: No
      Location
      • Region: Garland

      Financial & listing details

      • Price per square foot: $232/sqft
      • Tax assessed value: $309,270
      • Annual tax amount: $7,406
      • Date on market: 7/14/2026
      • Cumulative days on market: 66 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Exclusions: All personal belongings and furniture is excluded. Some art on walls as well as some of the dormitory are excluded. Appliances negotiable.

        Estimated market value

        $405,900

        $386,000 - $426,000

        $2,534/mo

        Price history

        DateEventPrice
        9/14/2026Pending sale$413,999$232/sqft
        Source: NTREIS #21330332 Report a problem
        9/7/2026Contingent$413,999$232/sqft
        Source: NTREIS #21330332 Report a problem
        8/29/2026Price change$413,9990%$232/sqft
        Source: NTREIS #21330332 Report a problem
        8/16/2026Price change$414,000-1.2%$232/sqft
        Source: NTREIS #21330332 Report a problem
        7/14/2026Price change$419,000-2.3%$235/sqft
        Source: NTREIS #21330332 Report a problem
        6/27/2026Listed for sale$429,000-12.3%$240/sqft
        Source: Owner Report a problem
        1/27/2023Listing removed--
        Source: Zillow Rentals Report a problem
        1/5/2023Listed for rent$3,750$2/sqft
        Source: Zillow Rentals Report a problem
        1/5/2023Listing removed--
        Source: Owner Report a problem
        12/26/2022Listed for sale$489,000$274/sqft
        Source: Owner Report a problem
        10/3/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/30/2022Price change$3,750-6.3%$2/sqft
        Source: Zillow Rental Manager Report a problem
        9/8/2022Listed for rent$4,000$2/sqft
        Source: Zillow Rental Manager Report a problem
        8/23/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        8/18/2022Price change$4,000-4.8%$2/sqft
        Source: Zillow Rental Manager Report a problem
        8/9/2022Listed for rent$4,200$2/sqft
        Source: Zillow Rental Manager Report a problem
        1/28/2022Listing removed--
        Source: Owner Report a problem
        1/20/2022Listed for sale$489,000+16.7%$274/sqft
        Source: Owner Report a problem
        10/8/2021Listing removed--
        Source: Owner Report a problem
        9/26/2021Listed for sale$419,000+71.4%$235/sqft
        Source: Owner Report a problem
        1/30/2019Sold--
        Source: Agent Provided Report a problem
        10/9/2018Listed for sale$244,500$137/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,652 +0.2%$309,270
        2024$1,649 +5.4%$309,270 +7.8%
        2023$1,564 -5.9%$286,900
        2022$1,663 +14.7%$286,900 +22%
        2021$1,450 -3.7%$235,240
        2020$1,505 0%$235,240 +1%
        2019$1,506 +10.4%$232,880 +12%
        2018$1,364 -75.3%$207,840 +6%
        2017$5,532 +38.4%$196,070 +38.3%
        2016$3,997 +36.3%$141,760
        2015$2,933 $141,760 +10.5%
        2014$2,933 $128,290
        2013-- --
        2012-- --
        2011-- --
        2010-- --
        2009-- --
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        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 75043

        Getting around

        0 / 100
        No Nearby Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Garland ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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