3997 Fm 535

Red Rock, TX 78662

  • 3 Bed(s)
  • 2 Bath(s)
  • 1,311 Sqft
  • 1.447
    Acres(Lot)
$399,000

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

    Residential

  • Subdivision

    Lentz, Jacob G

  • County

    Bastrop

  • Style

    Residential

  • AD ID

    50043183

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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.