
10-Unit Multifamily in Rockdale, TX
Milam County, TX · listed Apr 9, 2026 (202 days)
▼ Reduced 8.1% on Oct 28, 2026, was $925,000
- $/unit
- $85,000
- ▼ 15% vs TX · 37th pct
- Cap rate
- 3.6%
- ▼ 3.7 pts vs TX median
- NOI
- $31K
- $3,102/unit/yr
- Units
- 10
- 1 bldg · 1987
Financials
- Asking price
- $850,000
- Price per unit
- $85,000
- Price per sq ft
- $164
- Gross rent / year
- Not stated
- Net operating income
- $31,019
- NOI per unit
- $3,102
- Cap rate
- 3.6%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 10
- Unit mix
- ten efficiently designed 1-bedroom, 1-bathroom units
- Buildings
- 1
- Year built
- 1987
- Building size
- 5,184 sq ft
- Avg unit size
- 518 sq ft
- Lot size
- 0.3 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Apr 9, 2026
- Days on market
- 202 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Oct 28, 2026: $925K → $850K
- Location
- Approximate (~0.5 mi)
- Listing #
- 1125
About this property
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.
Multifamily | 10 Units | $85,000/unit
Location
Approximate area. The exact address is shared on request.
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