Log In/Sign Up
Your email has been sent.
306 Calhoun Dr 10 Unit Apartment Building $950,000 ($95,000/Unit) Rockdale, TX 76567



Investment Highlights
- Solid Brick Building
- Recently updated 2024-2025
Executive Summary
APPOINTMENT ONLY --- Welcome to an exceptional 10-unit multi-family investment opportunity in the growing community of Rockdale, Texas. Perfectly positioned in the path of progress, this property is located just 28 minutes from the Samsung Semiconductor Facility in Taylor, approximately 45 minutes to Round Rock, and under an hour to Austin—making it an ideal workforce housing asset in one of Central Texas’ fastest-expanding economic corridors. This two-story complex features ten efficiently designed 1-bedroom, 1-bathroom units, each offering 518 square feet of easy-to-maintain living space with durable tile flooring throughout, ceiling fans in both living and bedroom areas, and included appliances such as refrigerator, stove, and microwave. The property provides on-site parking and a simple, low-maintenance layout designed for long-term rental stability. With Samsung’s multi-billion-dollar expansion driving continued job growth and housing demand in the region, Rockdale presents investors with the opportunity to secure a stabilized asset at more accessible pricing than Austin-area properties while still benefiting from proximity to major employment hubs. This is more than just an apartment complex—it is a strategic income-producing investment positioned in a high-growth market with strong rental demand and long-term upside potential.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$69,528
|
$13.41
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$69,528
|
$13.41
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$44,178
|
$8.52
|
| Net Operating Income |
$25,350
|
$4.89
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $69,528 |
| Annual Per SF | $13.41 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $69,528 |
| Annual Per SF | $13.41 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $44,178 |
| Annual Per SF | $8.52 |
| Net Operating Income | |
|---|---|
| Annual | $25,350 |
| Annual Per SF | $4.89 |
Property Facts
| Price | $950,000 | Lot Size | 0.31 AC |
| Price Per Unit | $95,000 | Building Size | 5,184 SF |
| Sale Type | Investment | Average Occupancy | 80% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1987/2024 |
| Property Subtype | Apartment | Parking Ratio | 2.51/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | $950,000 |
| Price Per Unit | $95,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 5,184 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built/Renovated | 1987/2024 |
| Parking Ratio | 2.51/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Range
Site Amenities
- Grill
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $785.00 | - |
1 1
Property Taxes
| Parcel Number | R74045 | Improvements Assessment | $282,770 |
| Land Assessment | $99,800 | Total Assessment | $382,570 |
Property Taxes
Parcel Number
R74045
Land Assessment
$99,800
Improvements Assessment
$282,770
Total Assessment
$382,570
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
306 Calhoun Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
