3997 FM535 Red Rock, TX ^$ 349,000

3997 FM535

^$ 349,000

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3997 FM535

Red Rock, TX, 78662

^$ 349,000

Studio Baths0.0 Sq 1,311

Monthly Estimate*

^$ 2,177

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Studio

Multi-Family Home for sale in Red Rock, TX

for $349,000. This 1,311 square foot home was built in 1945 on a lot size of 1.447.

Incredible OPPORTUNITY. Beautiful home and propety with CASH FLOWING Investment potential. This UNRESTRICTED 1.45 acre parcel contains a newer Tiny Home renting at $1,100/MONTH. A site built 3/1 that rents for $1,500/MONTH and an RV spot that rents for $500/MONTH. Property has its own WELL WATER. Perfect for Multi Home/Multi Generational family and a RARE INVESTMENT OPPORTUNITY for the smart buyer. Additional units can be added as well! LOW TAX RATE

Multi-Family Active

Price

^$ 349,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,369

Style

Triplex

Lot Size

1.447

Year Built

1945

Town/City

Red Rock

County/Region

Bastrop

MLS | Web ID

7671642

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

Pets Allowed Negotiable

Year Built 1945

View Rural

Levels One

Property Subtype Triplex

Tax Year 2025

Waterfront Features None

Community Features See Remarks

Accessibility See Remarks

County Bastrop

New Construction N

Property Type Residential Income

HOA N

Energy Efficient None

Subdivision Name Lentz Jacob G

Facing Direction North

Green Sustainability See Remarks

Other Structures Workshop

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

Standard Status Active

Year Built Source Public Records

Tax Assessed Value 320000

Interior

Interior Amenities Two Primary Suties

Flooring Vinyl

Total Fireplaces 0

Window Features See Remarks

Total Bedrooms 0

Total Baths 0

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

Other Equipment See Remarks

Horse Y/N N

Internal Only

Street Number 1 3997

* Excluded Features

List By

Judah Ross

Listing Agent

Venture Partners R.E.

Broker

judahrossrealtor@gmail.com

Affordability Calculator

$2,458

Per Month

Monthly Principal & Interest: $2,177
Monthly Property Taxes: $281
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Red Rock, TX

Average List Price ^$469,000

Percent of Sale Price 34%

About Red Rock, TX

2,571 Population

38% Since 2002

^$62,078 Median Income

42.86 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4360828 Elementary School

4360825 Middle School

Cedar Creek High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/27/2025	$349,000	-1.69%	Price Down
9/25/2025	$355,000	-6.33%	Price Down
8/12/2025	$379,000	-5.01%	Price Down
4/17/2025	$399,000		Listed Price

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3997 FM535, Red Rock, TX, 78662 is a Multi-Family Home for sale at $349,000 with 1,311 sqft and a lot size of 1.447. 3997 FM535 is a studio with 0.0 baths and was built in 1945. The property's zip code is 78662 which is in Red Rock, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Austin Board of REALTORS(r)(alternatively, from ACTRIS)

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Austin Board of REALTORS(r)(alternatively, from ACTRIS) . Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS(r), ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied."

Data is updated as of 12/7/2025.

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3997 FM535

Multi-Family Home for sale in Red Rock, TX

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