Red Rock, TX 78662,3997 Fm 535
Red Rock, TX 78662,3997 Fm 535
Red Rock, TX 78662,3997 Fm 535
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$399,000
Est. payment /mo
3 Beds
2 Baths
1,311 SqFt
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UPDATED:

02/21/2025 10:05 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,311 sqft

Price per Sqft $304

Subdivision Lentz, Jacob G

MLS Listing ID 3806272

Bedrooms 3

Full Baths 2

HOA Y/N No

Originating Board actris

Year Built 1945

Annual Tax Amount $3,369

Tax Year 2024

Lot Size 1.447 Acres

Acres 1.447

Property Sub-Type Single Family Residence

Property Description

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!

Location

State TX

County Bastrop

Rooms

Main Level Bedrooms 3

Interior

Interior Features Two Primary Suties

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplace No

Appliance Oven

Exterior

Exterior Feature See Remarks

Fence Partial

Pool None

Community Features See Remarks

Utilities Available Electricity Connected, Water Connected

Waterfront Description None

View Rural

Roof Type Shingle

Porch Rear Porch

Total Parking Spaces 8

Private Pool No

Building

Lot Description Public Maintained Road

Faces North

Foundation Pillar/Post/Pier

Sewer Septic Tank

Water Shared Well

Level or Stories One

Structure Type HardiPlank Type

New Construction No

Schools

Elementary Schools Red Rock

Middle Schools Cedar Creek

High Schools Cedar Creek

School District Bastrop Isd

Others

Special Listing Condition Standard


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Listed by Venture Partners R.E.

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agent

Colbey Pfund

+1(310) 433-6017

Realtor | License ID: 741291

Realtor License ID: 741291

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