3997 Fm 535, Red Rock, TX

$355,000

Previous Next

3

Beds

2

Baths

1,311

Square feet

1.45

Acres

About 3997 Fm 535

Incredible Investment Opportunity – Multi-Unit Property with 7.5% Cap Rate! Seize the chance to own a highly profitable, cash-flowing property in a prime location! Situated on 1.45 acres at 3997 FM 535 in Bastrop, this versatile investment offers multiple income streams and strong rental demand. Main Home – 912 sqft, market rent $1,500/month. Tiny Home – 399 sqft, currently renting for $1,100/month. RV Spot – $500/month rental income. With a total potential rental income of $3,100/month, this property delivers steady cash flow and a strong return on investment. Conveniently located on FM 535 near Hwy 20, it offers easy access to Bastrop, Austin, and surrounding areas, making it attractive for long-term tenants or short-term rental opportunities. Whether you're an investor looking for passive income or a buyer seeking multi-family potential, this property won’t last long. Don’t miss out – schedule a showing today!

Features of 3997 Fm 535

MLS® # 3806272
Price $355,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,311
Acres 1.45
Year Built 1945
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 3997 Fm 535
Area BA
Subdivision Lentz, Jacob G
City Red Rock
County Bastrop
State TX
Zip Code 78662

Amenities

Utilities Electricity Connected, Water Connected
Features See Remarks
Parking RV Access/Parking
View Rural
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Vinyl
Appliances Oven
Heating Central
Fireplace No
# of Stories 1
Stories One

Exterior

Exterior Features See Remarks
Roof Shingle
Construction HardiPlank Type
Foundation Pillar/Post/Pier

School Information

District Bastrop ISD
Elementary Red Rock
Middle Cedar Creek
High Cedar Creek

Additional Information

Date Listed February 20th, 2025
Days on Market 235
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeVenture Partners R.E.
Contact Info(512) 998-1957

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?