MULTIFAMILYRADAR
10-Unit Multifamily in Rockdale, TX, photo 1
▼ 8% cutStabilized
$850,000

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

Price per unit compared
This property$85K
Within ~40 mi (20)$185K
Texas median (1,029)$100K
$/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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