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$399,000

Added 3 months ago

3997 Fm 535, Red Rock, TX

House

For Sale

Listed price in listed location currency (USD).
$399,000

Added 3 months ago

321311 sqft8
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1311 sqft
Garage No
Taxes $3,369
Days Active 91
Lot Size 
Approx. Age 1945
Avg. Price Per Sqft $304
MLS® Number 3806272

Property Address: 3997 Fm 535, Red Rock, Texas

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® Number3806272
Laundry LevelMain Level
Central VacNo
FireplaceNo
Acreage1.447
ExteriorSee Remarks
GarageNo
Approx. Age1945
Basement
DrivewayRv Access Parking
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel

Extras

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