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400 Johnson Dr
Mcgregor, TX 76657
Barcelona Apartments · Multifamily Property For Sale · 36 Units

INVESTMENT HIGHLIGHTS

  • Steady Cash Flow & Rental Demand – McGregor's growing population and proximity to major employers create a strong tenant base, ensuring reliable rent.
  • Proximity to Major Employers – With companies like SpaceX, Ferguson Enterprises, and Trane Technologies nearby, demand for quality housing persists
  • McGregor ISD Appeal – Being in a highly sought-after school district adds value, attracting families and professionals looking for quality education
  • Situated just 20 minutes from Waco, the property benefits from easy access to Baylor University, Magnolia Market, and other economic drivers.
  • Well-Maintained & Tenant-Friendly Units – Spacious 1 to 3 bedroom layouts offer comfortable living, making these apartments an appealing choice.

PROPERTY FACTS

No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.20 AC
Building Size 28,512 SF
Average Occupancy 100%
No. Stories 2
Year Built 1969
Zoning R

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 12 - 700
2+1 21 - 800
3+2 3 - 1,100

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34-109000-007800-3
Land Assessment
$43,468
Improvements Assessment
$1,337,602
Total Assessment
$1,381,070
  • Listing ID: 34939402

  • Date on Market: 2/25/2025

  • Last Updated:

  • Address: 400 Johnson Dr, Mcgregor, TX 76657

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