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3997 Fm 535 Red Rock, TX $ 349,000
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$ 349,000 Get more info
3997 Fm 535
$ 349,000
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Share Save

3997 Fm 535

Red Rock, TX, 78662
$ 349,000
Bedrooms3 Baths2.0 Sq 1,311

Monthly Estimate*

$ 2,177

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Single Family Home for sale in Red Rock, TX

for $349,000 with 3 bedrooms and 2 full baths. This 1,311 square foot home was built in 1945 on a lot size of 1.447.

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!

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Single Family Active

Price

$ 349,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 3,369

Style

Single Family Residence

Lot Size

1.447

Year Built

1945

Town/City

Red Rock

County/Region

Bastrop

MLS | Web ID

3806272
Features
General
Living Area 1311
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Electricity Connected Water Connected
Roof Shingle
Appliances Oven
Garage Spaces 0
Patio/Porch Features Rear Porch
Pool Features None
Security Features See Remarks
Construction Materials HardiPlank Type
Year Built 1945
View Rural
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Waterfront Features None
Community Features See Remarks
Accessibility See Remarks
County Bastrop
New Construction N
Property Type Residential
HOA N
Energy Efficient None
Subdivision Name Lentz Jacob G
Facing Direction North
Green Sustainability See Remarks
Other Structures Workshop
Full Baths 2
Status Active
Directions From 71 take Hwy 20 south to 535. Make a left on 535 proceed 0.8 miles property will be on the right.
High School Cedar Creek
City Red Rock
Disclosures See Remarks
MLS Area BA
Lot Size Square Feet 63031.32
Elementary School Red Rock
Tax Annual Amount 3369.15
Middle/Junior High School Cedar Creek
Property Condition Resale
Additional Parcels Y/N N
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 217339
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Interior
Interior Amenities Two Primary Suties
Flooring Vinyl
Total Fireplaces 0
Window Features See Remarks
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 2
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Exterior
Exterior Amenities See Remarks
Fencing Partial
Parking Features RV Access/Parking
Lot Features Public Maintained Road
Water Source Shared Well
Total Parking 8
Foundation Details Pillar/Post/Pier
Lot Size Acres 1.447
Waterfront Y/N N
Covered Spaces 0
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 3997
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* Excluded Features
List By
Judah Ross

Listing Agent

Venture Partners R.E.

Broker

judahrossrealtor@gmail.com

Email

Affordability Calculator

$2,458
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,177
Monthly Property Taxes
$281
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360828 Elementary School
4360825 Middle School
Cedar Creek High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/22/2025$349,000 -1.69% Price Down
9/23/2025$355,000 -6.33% Price Down
8/12/2025$379,000 -5.01% Price Down
2/20/2025$399,000 Listed Price

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3997 Fm 535, Red Rock, TX, 78662 is a Single Family Home for sale at $349,000 with 1,311 sqft and a lot size of 1.447. 3997 Fm 535 has 3 bedrooms, 2.0 baths, and was built in 1945. The property's zip code is 78662 which is in Red Rock, TX

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