Renovated Mixed-Use
205 W Buck Street Caldwell, TX 77836
205 W Buck Street, Caldwell, TX, 77836
$365,000
For Sale
$365,000
MULTI_FAMILY - Caldwell, TX
Property Size2,420 SF
Lot Size0.03 Acres
Price / SF$150.83
Days on Market20
Property Features for 205 W Buck Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Burleson
- Standard status
- Active
- APN
- 205 Buck 603
- Size
- 2,420 SF
- Lot size
- 0.03 Acres
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Ceiling Fan(s), Electric, Central Air
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 3
Listing agency
Keller Williams Realty Brazos Valley office
(979) 693-9100
Listed by
Rebecca Cook · License #0612073
(979) 693-9100
Added: Jul 3 Updated: Jul 9 at 2:16AM Checked: Jul 22 at 4:06PM
MLS# 26008831
Copyright © 2026 Bryan-College Station Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property offers a renovated layout with upstairs residential units and a renovated ground-floor space. The upstairs features modern apartments with full kitchens, included appliances, attractive countertops, renovated bathrooms, and updated flooring throughout, along with a private entrance for upstairs tenants. The downstairs area has also been updated with bright, inviting finishes designed to support a range of commercial or mixed-use setups, and it is currently leased.
The building is located in Caldwell and is described as being in the heart of historic downtown, steps from the town square. It sits along a main thoroughfare, with visibility expected during local parades, festivals, and community events.
For investors or 1031 exchange buyers seeking an occupied asset, the seller states that all units are currently leased and that appliances in each unit will convey with the sale. The property has also previously demonstrated flexibility for multiple uses on the ground floor, which may support a variety of tenant requirements while maintaining income-producing occupancy at the time of sale.
The building is located in Caldwell and is described as being in the heart of historic downtown, steps from the town square. It sits along a main thoroughfare, with visibility expected during local parades, festivals, and community events.
For investors or 1031 exchange buyers seeking an occupied asset, the seller states that all units are currently leased and that appliances in each unit will convey with the sale. The property has also previously demonstrated flexibility for multiple uses on the ground floor, which may support a variety of tenant requirements while maintaining income-producing occupancy at the time of sale.
Key Highlights
- Fully leased mixed‑use property in historic downtown Caldwell, with all units currently leased
- Year built: 1940
- Upstairs apartments feature full kitchens with appliances, renovated bathrooms, and updated flooring
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.5k | $19.20 |
| − Vacancy | −$4.2k | −$1.73 |
| EGI | $42.3k | $17.47 |
| − OpEx | −$15.9k | −$6.55 |
| NOI | $26.4k | $10.92 |
2,420 SF · lease $19.20/SF/yr · vacancy 9.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$377.5K
$330.3K – $440.4K
NOI $26,426 @ 7.0% cap · market cap 7.24%
Second Best
Multifamily LT 5
$371.7K
$325.2K – $433.6K
NOI $26,016 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$595.9K
$521.4K – $695.2K
NOI $41,713 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
SPLINTERS
General Contractor
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FAQs
What type of property is this?
Mixed-use property - Fully leased mixed-use building with renovated upstairs apartments and a leased ground-floor space for flexible commercial use.
Where is this mixed-use property located?
The property is located at 205 W Buck Street Caldwell, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Fully leased mixed‑use property in historic downtown Caldwell, with all units currently leased; Year built: 1940; Upstairs apartments feature full kitchens with appliances, renovated bathrooms, and updated flooring
