3997 Fm 535, Red Rock TX 78662
Ed's Opinion of Value
Listing History
This property was listed at $349,000 and expired after 314 days on market. The price was reduced from $355,000 to $349,000. This listing activity factors into the valuation.
78662 Market Trends
Recently Sold Comparables
About This Property
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
- 2 Primary Suites
Location
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Schools
Property Details
Tax Information
Listing History
| Oct 27, 2025 | Off Market | ||
| Jul 23, 2025 | Listed | $1,550 |
| Dec 31, 2025 | Off Market | ||
| Oct 22, 2025 | Price Change | $349,000 | |
| Feb 20, 2025 | Listed | $399,000 |
| Aug 31, 2022 | Off Market | ||
| Jan 25, 2022 | Listed | $40,000 |
| Jan 12, 2021 | Off Market | ||
| Dec 16, 2020 | Listed | $19,900 |
| Jan 16, 2015 | Off Market | ||
| Nov 25, 2014 | Listed | $265,000 |
Frequently Asked Questions About 3997 Fm 535, Red Rock TX 78662
When was 3997 Fm 535, Red Rock TX 78662 built?
3997 Fm 535, Red Rock TX 78662 was built in 1945.
How much does 3997 Fm 535, Red Rock TX 78662 cost?
3997 Fm 535, Red Rock TX 78662 is currently off market.
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