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For Sale

3997 Fm 535

3997 Fm 535, Red Rock, TX 78662

$399,000

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!

3
beds

2
baths

1,311 Sq.Ft. LIVING AREA

1.45 Acres lot

Judah Ross

title Real Estate Agent
PHONE (512) 998-1957
EMAIL [email protected]
DRE # TREC #0768074

Features & Amenities

Interior

total bedrooms3
Total bathrooms2
full bathrooms2
Flooring Vinyl
APPLIANCES Oven
other interior Features 2 Primary Suites

Area & Lot

Status For Sale
Living Area1,311 Sq.Ft.
Lot Area1.45 Acres
MLS® ID3806272
TypeResidential
YEAR BUILT1945
NeighborhoodBastrop County
Water FrontageNone
View DescriptionRural
Elementary SchoolRed Rock
Middle SchoolCedar Creek
High SchoolCedar Creek
School DistrictBastrop ISD

Exterior

STORIES1
water SourceShared Well
utilitiesElectricity Connected, Water Connected
PoolNone
roofShingle
lot featuresPublic Maintained Road
parkingRV Access/Parking
HEAT TYPECentral
AIR CONDITIONINGCentral Air
sewerSeptic Tank
SubstructurePillar/Post/Pier
Disability FeaturesSee Remarks
other exterior FeaturesSee Remarks

Financial

Sales Price$399,000
Real Estate Tax $3,369/yr

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Schedule a Showing

I would love to show you our beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

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Thank you for your interest in 3997 Fm 535, Red Rock, TX 78662. We are reviewing your request and will be in touch shortly!

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With a passion for real estate and years of experience in sales and negotiation, Judah ensures that every client gets top-tier service. Call him today to see how he can help you navigate the Bastrop real estate market with confidence.

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Contact Details

JUDAH ROSS GROUP

Phone

(512) 998-1957

[email protected]

Address

Bastrop, TX

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