306 Calhoun Dr - Apartments FOR SALE


Rockdale, TX 76567
$950,000 USD
254-630-1199
306 Calhoun Dr, Rockdale, TX for Sale
$950,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

306 Calhoun Dr
Rockdale, TX 76567


HIGHLIGHTS

  • Solid Brick Building
  • Recently updated 2024-2025

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$183 USD /SF

# OF UNITS

10

PRICE/UNIT

$95,000

CAP RATE

Request Cap Rate

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,599 SF

ZONING

-

APN/PARCEL ID

R74045

ASK ABOUT THIS PROPERTY

Esmeralda Colon-zunigaEsmeralda Colon-ZunigaMore Info
254-630-1199

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Esmeralda Colon-zunigaEsmeralda Colon-ZunigaMore Info
254-630-1199

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.