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!
Active
Price cut: $24K (9/23)
$355,000
3997 Fm 535, Red Rock, TX 78662
3beds
1,311sqft
Est.:
Single Family Residence
Built in 1945
1.45 Acres Lot
$-- Zestimate®
$271/sqft
$-- HOA
What's special
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