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Investment Highlights

  • Solid Brick Building.
  • Located 28 minutes from Samsung’s Taylor facility and under an hour to Austin, providing access to major employment centers.
  • Opportunity Zone designation offers potential tax benefits for qualified investors.
  • Recently updated 2024-2025.
  • Durable tile flooring and ceiling fans throughout units for long-lasting usability.
  • On-site parking and simplified property layout ensure operational efficiency.

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 (Pro Forma - 2025)

Annual Annual Per SF
Gross Rental Income $69,528 $13.41
Other Income - -
Vacancy Loss $3,500 $0.68
Effective Gross Income $66,028 $12.74
Taxes $9,638 $1.86
Operating Expenses $43,929 $8.47
Total Expenses $53,567 $10.33
Net Operating Income $12,461 $2.40

Financial Summary (Pro Forma - 2025)

Gross Rental Income
Annual $69,528
Annual Per SF $13.41
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $3,500
Annual Per SF $0.68
Effective Gross Income
Annual $66,028
Annual Per SF $12.74
Taxes
Annual $9,638
Annual Per SF $1.86
Operating Expenses
Annual $43,929
Annual Per SF $8.47
Total Expenses
Annual $53,567
Annual Per SF $10.33
Net Operating Income
Annual $12,461
Annual Per SF $2.40

Property Facts

Price $925,000
Price Per Unit $92,500
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 90%
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

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Grill
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 10 $785.00 -
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
R74045
Land Assessment
$99,800
Improvements Assessment
$282,770
Total Assessment
$382,570
Annual Taxes
$9,638 ($1.86/SF)
Tax Year
2025
  • Listing ID: 39709186

  • Date on Market: 3/9/2026

  • Last Updated:

  • Address: 306 Calhoun Dr, Rockdale, TX 76567

Contact the Sale Advisor

306 Calhoun Dr

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