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    1 home
      1 home available
      3997 Fm 535, Red Rock, TX 78662
      Price Reduced $50,000
      3997 Fm 535, Red Rock, TX 78662
      $349,000
      3beds
      2bath
      1,311sqft
      1.45acres
      House for Sale
      Down payment assistanceDown Payment Help

      3997 Fm 535, Red Rock, TX 78662

      Listing by: Venture Partners R.E.
      1 - 1 of 1 results
      © 2025 Unlock MLS
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Equal opportunity
      Membio
      UnlockMLS
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      3997 Fm 535, Red Rock, TX 78662
      Price Reduced $50,000
      $349,000 $50,000 
      Down payment assistanceDown Payment Help
      3beds
      2full,half bath
      1,311sqft
      1.45acres

      3997 Fm 535, Red Rock, TX 78662

      House for Sale by Judah RossVenture Partners R.E..

      Data checked -. Listing last updated 45 days ago.
      1. Overview
      2. Details
      3. More 

      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!

      Details
        Property type
      Residential
        Year built
      1945
        Heating
      Central
        Cooling
      Central Air
        Garage
      No
        Parking spots
      8
      3806272
      MLS ID
      Active
      Status
      02-20-2025
      On market date
        Subdivision
      Lentz, Jacob G
      Levels  Levels
      One
        Laundry location
      Main Level
        Roof
      Shingle
        Fireplace
      No
        Pool
      No
        Pets allowed
        Basement
      Interior features
      Two Primary Suties
      Exterior features
      See Remarks
      Lot features
      Public Maintained Road
      Patio & Porch Features
      Rear Porch
      Appliances included
      Oven
      Construction materials
      HardiPlank Type
      Green Energy Efficient
      None
      Buyer Incentives
      See Remarks
      Monthly taxes
      $281
      Yearly taxes
      $3,369.15
      Community Features
      See Remarks
      School district
      Bastrop ISD
      Schools
      Red Rock, Cedar Creek
      Senior community
      No
      Association Fee
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      JR
      Judah Ross
      Real Estate Agent, Venture Partners R.E.
      Direct 
       
      Location
      From 71, take Hwy 20 south to 535. Make a left on 535, proceed 0.8 miles, property will be on the right.
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      3997 Fm 535, Red Rock, TX 78662, is a 3 bedroom, 2 bathroom, 1311 sqft. Single Family Residence built in 1945. This property is currently available for sale and was listed on Unlock MLS on 2-20-2025. The MLS# for this Single Family Residence is MLS# 3806272.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2025 Unlock MLS