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Description Open House Details Location Market Trends Schools
$399,000 Est. $1,469 / mo.*

3997 Fm 535 Red Rock , TX 78662

Property listed by Venture Partners R.E. 512-940-3948 (512) 998-1957

Description

3 Beds
2 Baths
1,311 Sqft
63,031 Sqft lot
1.45 Acre lot
Status: Active
Property Type: Singlefamilyresidence
Year Built: 1945
Neighborhood: Lentz, Jacob G
Days on Website: 2
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!

Open House

Property Details and Features

Property Access
Road Responsibility:
PublicMaintainedRoad
Appliances & Equipment
Oven
Bathrooms
2 full bathrooms
2 total bathrooms
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Contact an Agent

512-794-9914 512-345-1919

Location

$399,000 -
3997 Fm 535 Red Rock , TX 78662
County: Bastrop

Street View

Nearby Schools

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