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.
Pending
$413,999
5402 Peninsula Way, Garland, TX 75043
3beds
1,785sqft
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
- 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
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Pending sale | $413,999$232/sqft |
Source: NTREIS #21330332 Report a problem | ||
| 9/7/2026 | Contingent | $413,999$232/sqft |
Source: NTREIS #21330332 Report a problem | ||
| 8/29/2026 | Price change | $413,9990%$232/sqft |
Source: NTREIS #21330332 Report a problem | ||
| 8/16/2026 | Price change | $414,000-1.2%$232/sqft |
Source: NTREIS #21330332 Report a problem | ||
| 7/14/2026 | Price change | $419,000-2.3%$235/sqft |
Source: NTREIS #21330332 Report a problem | ||
| 6/27/2026 | Listed for sale | $429,000-12.3%$240/sqft |
Source: Owner Report a problem | ||
| 1/27/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/5/2023 | Listed for rent | $3,750$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/5/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/26/2022 | Listed for sale | $489,000$274/sqft |
Source: Owner Report a problem | ||
| 10/3/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/30/2022 | Price change | $3,750-6.3%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/8/2022 | Listed for rent | $4,000$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/23/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/18/2022 | Price change | $4,000-4.8%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/9/2022 | Listed for rent | $4,200$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/28/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/20/2022 | Listed for sale | $489,000+16.7%$274/sqft |
Source: Owner Report a problem | ||
| 10/8/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/26/2021 | Listed for sale | $419,000+71.4%$235/sqft |
Source: Owner Report a problem | ||
| 1/30/2019 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 10/9/2018 | Listed for sale | $244,500$137/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 75043
Nearby schools
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.



