Investment duplex in Rockwall: 2 units
Multi-family for Sale
1596 Gaston Ave, Rockwall, TX 75087
Multi-familyBuilt in 1984No garage$256/sqft$485/mo HOA
Description
Overview
What's special
- Primary suite downstairs
- Mature shade trees
- Open floor plan
- Fresh interior paint
- Quartz countertops
Cash-flowing duplex with 2 units. Currently rented for about $4,300 per month in total, with long-term tenants and low turnover. Roughly 5.6% net return before financing. Sample listing for testing.
Amenities
- Gym
- Garage
Facts
- Type
- Multi-family
- Status
- For Sale
- Year built
- 1984
- Price / sqft
- $256
- Listed
- 9/23/2026
Rooms & details
Living room17 x 21
Main level
Built-in shelves, large windows
Kitchen14 x 16
Main level
Granite counters, eat-in area
Primary bedroom15 x 17
Main level
En-suite bath, garden tub
Dining room12 x 14
Main level
Formal dining, wainscoting
Interior
- Heating
- Central, natural gas
- Cooling
- Ceiling fans, central air
- Flooring
- Luxury vinyl plank, carpet in bedrooms
- Appliances
- Stainless steel: electric range, dishwasher, microwave
Exterior & lot
- Patio & porch
- Covered back patio
- Parking
- Assigned covered parking
- Roof
- Composition shingle
- Foundation
- Slab
- Garage spaces
- 0
Community & HOA
- HOA name
- Stone Ridge Condominium Association
- HOA includes
- Front-yard maintenance, trash, gate
- Community amenities
- Pool, clubhouse, fitness center
- HOA fee
- $485/month
Price & tax history
| Date | Event | Price | $/sqft |
|---|---|---|---|
| Sep 23, 2026 | Listed for sale | $550,000 | $256 |
| Year | Property tax | Source |
|---|---|---|
| 2026 | $12,090 | Reported by the seller |
Price history is recorded on Boraak from when the listing was posted. Boraak doesn't have past sale or county tax records.
Monthly payment
Estimated monthly payment
$4,669/mo
- Principal & interest6.6% · 30-year fixed$2,810
- Property taxfrom the seller$1,008
- Homeowners insuranceestimated$367
- HOA feesfrom the seller$485
Estimate only: illustrative rates by credit tier, typical DFW tax and insurance costs where the seller didn't give them. Not a rate quote or loan offer — Boraak is not a lender.
Neighborhood
Walkability9/100
Car-dependent
Bikeability45/100
Somewhat bikeable
Within a 15-minute walk: 3 parks.
Nearby public schools
Celia Hays Elementary
Elementary · Grades PK–6
0.6 mi613 students15.4 students per teacherJ W Williams Middle
Middle · Grades 7–8
1.2 mi819 students17.5 students per teacherSherry And Paul Hamm Elementary
Elementary · Grades PK–6
1.3 mi721 students16.8 students per teacherRockwall Quest Academy
High · Grades 11–12
1.4 mi61 students19.7 students per teacherHoward Dobbs Elementary
Elementary · Grades PK–6
1.8 mi565 students15.7 students per teacherNebbie Williams Elementary
Elementary · Grades PK–6
1.9 mi442 students13.9 students per teacher
Schools: U.S. Department of Education, NCES public school data (2024–25); check each school's attendance zone with the district. Walkability and bikeability are Boraak's own estimates from © OpenStreetMap contributors data, not Walk Score®.
Climate risks
- Flood zone
- Zone X: minimal flood risk.
- Wildfire
- Relatively Lowfor this neighborhood
- Strong wind
- Relatively Moderatefor this neighborhood
- Heat wave
- Relatively Moderatefor this neighborhood
- Tornado
- Relatively Highfor this neighborhood
- Hail
- Relatively Moderatefor this neighborhood
- Inland flooding
- Very Lowfor this neighborhood
- Air quality now
- Checking…
Flood zone: FEMA National Flood Hazard Layer. Other risks: FEMA National Risk Index, rated by census tract (neighborhood), not for this specific home. Air quality: live US AQI (Open-Meteo). For information only: the official FEMA map and an insurance quote decide flood insurance. Turn these on as map layers with the Climate risk button on the map.
Location
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