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$250,000

1600 Gails Lane, Rockwall, TX, 75087

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

ABSOLUTELY BEAUTIFUL ACREAGE IN North ROCKWALL! This 5 ac tract is the perfect place to build your dream home! Private & peaceful and located just 10 minutes from Downtown Rockwall and 30 minutes from Dallas! Tons of trees, a creek and surrounded by some of the prettiest homes in this area! Great place to run cattle, ride horses or ATV's & MORE! Paved road, wrought iron fnc across the front, AG exempt, elec hook up, 1 water mtr, road maint agreement in place.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Rockwall

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1600 Gails Lane | Property Details | No Agent List