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Property Description
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.
Full Property Details
Full Property Details for 306 Calhoun Dr
General
- Price: $950,000
- Taxes: $9,638 (2025)
- Status: Active
- Type: Apartment
- Source: Austin_MLS
- MLS ID: 4481270
- Updated: 2/20/2026
- Added to Site: 1 day(s) ago
Rental Information
- Lease Info: Fixed
Interior
- Flooring: Tile
Additional Information
- Security/Safety: Firewall(s), Smoke Detector(s)
- Equipment: None
Parking
- Total Spaces: 10
- Parking Features: Private
Location
- Area: MC
- County: Milam
- Subdivision: ALLEN, WILLIAM
- Building Name: BNB PROPERTIES
- Driving Directions: Turn left onto US-79 N 0.5 mi Turn left onto Calhoun Dr Destination will be on the right
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: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Masonry
- Stories/Levels: 2
- Square Feet: 5,184
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Multi-Family
- Year Built: 1987
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.296
- Lot Size (Sq. Ft.): 12,893.76
Financial Considerations
- Operating Expenses: $44,178
- Assessment Amount: $382,570
- Tax Amount: $9,638.19
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Lease, Survey
- Legal Description: A0720 ALLEN, WILLIAM, .296 ACRES
- Disclosures/Reports: Seller Disclosure
- Property ID: R74045
Listed by Augustin Tobas, Broker
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Schools
Schools serving 306 Calhoun Dr
School District:Rockdale Independent School District
| Name | Grades | Distance |
|---|---|---|
Rockdale Intermediate School 1338 W Us Hwy 79, Rockdale, TX 76567 | 3-5 | 1 mi |
Rockdale Elementary School 625 West Belton Avenue, Rockdale, TX 76567 | PK-2 | 1.2 mi |
Rockdale J High School 814 Bushdale Road, Rockdale, TX 76567 | 6-8 | 1 mi |
Rockdale High School 500 Childress Drive, Rockdale, TX 76567 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 306 Calhoun Dr
Date
Details
Price
Change
Source
2/20/2026
Listed
$950,000
—
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 306 Calhoun Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,638
83%
$382,570
133%
2022
$5,256
—
$164,160
-11%
2022
$5,256
25%
$184,680
32%
2021
$4,220
—
$139,540
—
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 306 Calhoun Dr
306 Calhoun Drive, Rockdale, TX 76567 (MLS# 4481270) is a Apartment property. 306 Calhoun Drive is currently listed for $950,000 and was received on February 20, 2026. Want to learn more about 306 Calhoun Drive? Do you have questions about finding other Apartment real estate for sale in Rockdale? You can browse all Rockdale real estate or contact a Coldwell Banker agent to request more information.

