They look like concretions.
I consulted the Geologic Atlas of Texas, Austin Sheet (1974) (available for purchase from the Texas Bureau of Economic Geology at UT) which barely includes Calvert. The map shows Calvert situated on the Calvert Bluff formation of the Wilcox Group. Here are some excerpts from the published description:
“…mostly mudstone with various amounts of sandstone, … ironstone concretions, … Sandstone, medium to fine grained, … crossbedded, lenticular…”
The crescent shaped features displayed on the round “sides” are small scale lenticular cross-beds which are typical of shallow marine (intra-tidal) sand deposits.
The shape is typical of concretions. In this case, one or more iron-bearing minerals precipitated in the sediment in an ellipsoidal region while the sediment was buried beneath overlying layers of younger sediment. The precipitated mineral is probably either hematite (Fe2O3) or goethite (FeOOH) or some mixture of the two. Hematite produces a red powder when crushed, goethite produces a yellow or gold colored powder when crushed.
During exhumation by erosion (in response to lowered sea level) the surrounding, less indurated sediment was washed away leaving these relatively more resistant “M&M’s” of iron concretion cemented sandstone.
As an aside, contact the Texas BEC for a catalogue of publications, order a geologic map, maybe some guidebooks, and go rock shopping.
Also, if you can find good intact exposures of the Calvert Bluff formation, look for thin layers of clay - you may be able to find plant fragments, fish bones, and shark and ray teeth in there. I haven’t been around Calvert, but from the map, I suspect there are probably some decent exposures in the cut-banks of the Brazos.