Renovated Downtown Mixed-Use
For Sale
$365,000
205 W Buck Street, Caldwell, TX 77836
Multi-Family, Caldwell, TX
Property Size2,420 SF
Lot Size0.03 Acres
Price / SF$150.83
Days on Market97
Property Features for 205 W Buck Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Burleson
Elementary school district
Caldwell
Middle school district
Caldwell
High school district
Caldwell
Directions
From the Hwy 21/Hwy 36 travel south on Hwy 36, make a right on Buck St. Property is located in downtown Caldwell.
Standard status
Active
APN
205 Buck 603
Size
2,420 SF
Lot size
0.03 Acres
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air, Ceiling Fan(s)
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) 251-1784
Added: Jul 3
Changed: Sep 13
Last Checked: Oct 7 at 3:06AM
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 2,420-square-foot mixed-use property combines renovated residential and commercial space within a building constructed in 1940. The upper level includes apartments with full kitchens, appliances, updated countertops, refreshed bathrooms, and new flooring. A private entrance serves the residential area, while the lower level offers renovated commercial space with bright finishes and prior flexibility for multiple uses. Appliances in each unit convey with the sale.
The property is positioned on a main thoroughfare in downtown Caldwell, near the town square and along routes used for local parades, festivals, and community events. All units are currently leased, and the site measures 0.0344 acres.
The property is positioned on a main thoroughfare in downtown Caldwell, near the town square and along routes used for local parades, festivals, and community events. All units are currently leased, and the site measures 0.0344 acres.
Key Highlights
- 2,420‑square‑foot mixed‑use property on 0.0344 acres
- Upper‑level apartments with full kitchens, appliances, renovated bathrooms, and updated flooring
- Separate private entrance for the residential area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,426
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,520
$528.5K
Cap Rate 7%
$377,514
$377.5K
Cap Rate 9%
$293,622
$293.6K
Market Conditions
NOI Build-Up for 2,420 SF
Gross rent
$46.5K $19.20/SF
− Vacancy
−$4.2K −$1.73/SF
EGI
$42.3K $17.47/SF
− OpEx
−$15.9K −$6.55/SF
NOI
$26.4K $10.92/SF
Area
Burleson County, TX
Vacancy
9.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,520
Cap Rate 7%
$377,514
Cap Rate 9%
$293,622
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 authorities.
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
Explore this area
Business Placement
Demographics for 77836, TX
11,721
Population
5,990
Households
2
Avg Household Size
45
Median Age
22%
College-Educated
86%
High-School Grad
431.1 sq mi
ZIP Area
27
Density / Sq Mi
$79,567
Median Household Income
$45,291
Median Earnings
$869
Median Rent
$199,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Leased apartments sit above a renovated commercial area with separate private access.
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: 2,420‑square‑foot mixed‑use property on 0.0344 acres; Upper‑level apartments with full kitchens, appliances, renovated bathrooms, and updated flooring; Separate private entrance for the residential area
