205 W Buck Street, Caldwell, TX 77836
MULTI_FAMILY - Caldwell, TX
- Added:
- Jul 3, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 7 at 3:06 am
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
- Central, Electric (Heating)
- Cooling system
- Central Air, Ceiling Fan(s), Electric
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 3
Listing agent Rebecca Cook License #0612073 (979) 693-9100
Listing office Keller Williams Realty Brazos Valley office 2801 Earl Rudder Frwy S, College Station, TX (979) 693-9100
Listing date Jul 3, 2026
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.
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
- Upstairs units have private entrances
- Downstairs space has been renovated with bright, inviting finishes and can support multiple commercial or mixed‑use uses
- All appliances in each unit convey with the sale
Overview
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.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Caldwell
- County
- Burleson
- State
- Texas
- Longitude
- -96.693264
- Latitude
- 30.53105
