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Rock Creek Cabins 740 County Road 334 4 Unit Apartment Building $519,547 CAD ($129,887 CAD/Unit) 9.25% Cap Rate Gatesville, TX 76528
Investment Highlights
- Easy rentals
- Super easy maintenance
- 3 of 4 tenants have been there for over a year
- Crazy gross rents
Executive Summary
Cabin 1 built 2023
Lease expires 7/15/26
Deposit $700
My tenant moved out end of December and new tenant moved in last week. Super easy to rent.
Cabin 2 built 2023
Lease expires 5/15/26
Deposit $500
She’s been there 2 years and don’t see her moving. She’s my original and loves it. Kinda the mom of the group.
Cabin 3 built 2022
Month to Month
Deposit $500
She would sign another lease if I asked her to but I haven’t.
Cabin 4 built 2024
Deposit $900
Lease expires 9/1/26
He has been there a year and a half. Construction guy, young. He’s not going anywhere because his uncle owns the house next door and has a 30 foot pathway to his uncles house through the woods. That kid will be there for years I imagine.
Lease expires 7/15/26
Deposit $700
My tenant moved out end of December and new tenant moved in last week. Super easy to rent.
Cabin 2 built 2023
Lease expires 5/15/26
Deposit $500
She’s been there 2 years and don’t see her moving. She’s my original and loves it. Kinda the mom of the group.
Cabin 3 built 2022
Month to Month
Deposit $500
She would sign another lease if I asked her to but I haven’t.
Cabin 4 built 2024
Deposit $900
Lease expires 9/1/26
He has been there a year and a half. Construction guy, young. He’s not going anywhere because his uncle owns the house next door and has a 30 foot pathway to his uncles house through the woods. That kid will be there for years I imagine.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$62,346
|
$48.11
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$62,346
|
$48.11
|
| Taxes |
$3,760
|
$2.90
|
| Operating Expenses |
$11,075
|
$8.55
|
| Total Expenses |
$14,834
|
$11.45
|
| Net Operating Income |
$47,511
|
$36.66
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $62,346 |
| Annual Per SF | $48.11 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $62,346 |
| Annual Per SF | $48.11 |
| Taxes (CAD) | |
|---|---|
| Annual | $3,760 |
| Annual Per SF | $2.90 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $11,075 |
| Annual Per SF | $8.55 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $14,834 |
| Annual Per SF | $11.45 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $47,511 |
| Annual Per SF | $36.66 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Wi-Fi
- Yard
- Deck
- Dining Room
- Lawn
- Porch
- Window Coverings
Site Amenities
- Laundry Facilities
- Trash Pickup - Curbside
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 4 | $3,264 CAD | 288 - 336 |
1 1
Property Taxes
| Parcel Numbers | Total Assessment | $428,356 CAD | |
| Land Assessment | $115,377 CAD | Annual Taxes | $3,760 CAD ($2.90 CAD/SF) |
| Improvements Assessment | $312,979 CAD | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$115,377 CAD
Improvements Assessment
$312,979 CAD
Total Assessment
$428,356 CAD
Annual Taxes
$3,760 CAD ($2.90 CAD/SF)
Tax Year
2025 Payable 2025
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Videos
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Photos
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Street
Map
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Rock Creek Cabins | 740 County Road 334
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