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!
Property Type
ResidentialSubdivision
Lentz, Jacob GCounty
BastropStyle
ResidentialAD ID
50043183
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 2
- Full Baths: 2
Interior Features
- MultiplePrimarySuites
- Roof: Shingle
Roofing Information
- Shingle
Flooring Information
- Vinyl
Heating & Cooling
- Heating: Central
- Cooling:
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Exterior Features
Building Information
- Year Built: 1945
Exterior Features
- SeeRemarks
-
Property / Lot Details
Lot Information
- Main Square Feet: 1.447
Property Information
- Subdivision: Lentz, Jacob G
-
Taxes / Assessments
Tax Information
- Annual Tax: $3369.15
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- RvAccessParking
-
School, Utilities & Location Details
School Information
- Elementary School: Red Rock
- Junior High School: Cedar Creek
- Senior High School: Cedar Creek
Utility Information
- ElectricityConnected,WaterConnected
Location Information
- Direction: From 71, take Hwy 20 south to 535. Make a left on 535, proceed 0.8 miles, property will be on the right.
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BuyOwner last updated this listing 07/03/2025 @ 14:23
- MLS: 3806272
- LISTING PROVIDED COURTESY OF: Judah Ross, Venture Partners R.E.
- SOURCE: ACTRIS
is a Home, with 3 bedrooms which is for sale, it has 1,311 sqft, 1 sized lot, and 0 parking. are nearby neighborhoods.