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$540,000 Just Listed
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Property Description
Great income opportunity! Located within city limits of Rockdale. 2 - duplexes with 2 units in each, totalling 4 units on one property. Each unit is rented on a month to month basis so the new buyer could set his own rental/deposit amounts and agreements. Pets are not allowed. Interior pictures are of Unit 203 only. All units have same floor plan except 2 are a mirror image of the other.
Full Property Details
Full Property Details for 195 N Fm 487
General
- Price: $540,000
- Taxes: $5,695 (2026)
- Status: Active
- Type: Multi-Family
- Source: Austin_MLS
- MLS ID: 6730584
- Updated: 7/23/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Granite Counters, No Interior Steps, Tile Counters
- Appliances: Dishwasher, Electric Water Heater, Free-Standing Electric Range
- Flooring: Carpet, Tile
Rooms
Other Rooms
- Laundry: Laundry Room, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: None
- Security/Safety: None
Exterior
- Exterior Features: No Exterior Steps, Private Entrance, Private Yard, Rain Gutters
- Porch/Patio/Deck: Patio, Porch
Parking
- Parking Features: Outside
Location
- Area: MC
- County: Milam
- Subdivision: N/A
- Driving Directions: Go N. on FM 487 (Ackerman St.) property will be on the left, just before you get to city limits. Sign on fence in front of property.
- Direction Faces: Northeast
School Information
- Elem School District: Rockdale ISD
- Midd School District: Rockdale ISD
- High School District: Rockdale ISD
- Elementary School: Rockdale
- Middle School: Rockdale
- High School: Rockdale
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Synthetic Stucco
- Roof: Composition
- Windows: Double Pane Windows
- Stories/Levels: 1
- Square Feet: 3,808
- Sq. Ft. Source: Public Records
- Living Area: 3,808 Sq. Ft.
- Year Built: 1998
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Storage
Lot Features
- Property View: Pasture
- Lot Size (Acres): 0.75
- Lot Size (Sq. Ft.): 32,670
- Fence: Yes
- Lot Features: Back Yard
- Fencing (Description): Perimeter
Financial Considerations
- Assessment Amount: $120,182
- Tax Amount: $5,695.95
- Tax Year: 2026
- Terms: Cash, Conventional
- Owner Pays: Exterior Maintenance, HVAC Maintenance, Pest Control, Repairs, Roof Maintenance, Taxes
Disclosures and Reports
- Special Conditions: Estate
- Legal Description: A0740 ARNETT, T.S., TRACT 2, .75 ACRES, (TOD 2023-4246)
- Disclosures/Reports: Public Improvement District, Seller Disclosure
- Property ID: R69802
Listed by Carol Matous-Jim Currey Realty
Get Pre-Approved Today
Schools
Schools serving 195 N Fm 487
School District:Rockdale Independent School District
| Name | Grades | Distance |
|---|---|---|
Rockdale Elementary School 625 West Belton Avenue, Rockdale, TX 76567 | PK-2 | 0.2 mi |
Rockdale Intermediate School 1338 W Us Hwy 79, Rockdale, TX 76567 | 3-5 | 2.3 mi |
Rockdale J High School 814 Bushdale Road, Rockdale, TX 76567 | 6-8 | 0.8 mi |
Rockdale High School 500 Childress Drive, Rockdale, TX 76567 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 195 N Fm 487
Date
Details
Price
Change
Source
7/23/2026
Listed
$540,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 195 N Fm 487
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,523
-10%
$230,250
176%
2022
$2,806
—
$83,460
-34%
2022
$2,806
—
$126,260
26%
2022
$2,806
-33%
$99,980
-30%
2021
$4,197
—
$143,550
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 195 N Fm 487
195 N Fm 487, Rockdale, TX 76567 (MLS# 6730584) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 195 N Fm 487 is currently listed for $540,000 and was received on July 23, 2026. Want to learn more about 195 N Fm 487? Do you have questions about finding other Multi-Family real estate for sale in Rockdale? You can browse all Rockdale real estate or contact a Coldwell Banker agent to request more information.

