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Property Description
48 Acres with Two Homes, Pasture, Ag Exemption & Country Living Potential, acreage, versatility, and opportunity come together on this approximately 48-acre property in Bastrop County. The land is 100% fenced and approximately 60% cleared, offering a combination of open pasture and mature native trees, including live oaks, cedars, and mesquite. The front approximately 12-acre pasture has historically been used for hay and grazing, providing useful agricultural and recreational potential. The property currently carries an agricultural exemption, providing for lower property taxes. The property includes two separate residences, offering flexibility for a multi-generational setup, guest accommodations, rental income, or a place to live while making improvements to the main home. The main residence, a two story home built in 1980, offers approximately 3,860 square feet with 4 bedrooms and 3 bathrooms, along with a detached 3-car garage. The main home will require repair work, providing an opportunity for a buyer to renovate and update the property to suit their needs and vision. The 3-bedroom, 1-bath rental home was built in 1982 and offers approximately 1,084 square feet on its own approximately 1-acre homesite. With substantial acreage, two homes, fencing, pasture, mature trees, an existing agricultural exemption, and room to create something special, this property offers the kind of flexibility and land ownership that is increasingly difficult to find in Bastrop County.
Full Property Details
Full Property Details for 5100 Fm 535
General
- Price: $1,440,000
- Taxes: $1,383 (2026)
- Status: Active
- Type: Farm
- Source: Austin_MLS
- MLS ID: 2016300
- Updated: 8/17/2026
- Added to Site: 5 day(s) ago
Interior
- Appliances: See Remarks
Additional Information
- Shared Amenities: None
Exterior
- Porch/Patio/Deck: See Remarks
Parking
- Garage: Yes
- Parking Features: Door-Multi, Detached, Garage, Workshop in Garage
Location
- Area: BW
- County: Bastrop
- Subdivision: Bymer, Bernard
- Driving Directions: From Hwy 71, take Hwy 20 South, RT on FM 535, property on right
School Information
- Elem School District: Bastrop ISD
- Midd School District: Bastrop ISD
- High School District: Bastrop ISD
- Elementary School: Red Rock
- Middle School: Cedar Creek
- High School: Cedar Creek
Heating & Cooling
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: See Remarks
- Stories/Levels: 1
- Square Feet: 1,008
- Sq. Ft. Source: Public Records
- Living Area: 1,008 Sq. Ft.
- Year Built: 1982
- Year Built Source: Public Records
Additional Structures
- Other Structures: Garage(s), Second Residence, Residence, Workshop
Lot Features
- Property View: Pond, Pasture, Trees/Woods
- Lot Size (Acres): 48
- Lot Size (Sq. Ft.): 2,090,880
- Fence: Yes
- Lot Features: Trees Medium Size
- Fencing (Description): Livestock
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Pasture
Financial Considerations
- Assessment Amount: $82,232
- Tax Amount: $1,383.73
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Estate
- Legal Description: A83 BYMER, BERNARD, ACRES 10.2900
- Disclosures/Reports: None
- Property ID: 42087
Listed by Keller Williams Realty
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Schools
Schools serving 5100 Fm 535
School District:Bastrop Independent School District
| Name | Grades | Distance |
|---|---|---|
Red Rock Elementary School 2401 Fm 20, Red Rock, TX 78662 | PK-5 | 3.2 mi |
Cedar Creek Middle School 125 Voss Parkway, Cedar Creek, TX 78612 | 7-8 | 7 mi |
Cedar Creek High School 793 Union Chapel Road, Cedar Creek, TX 78612 | 9-12 | 9.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5100 Fm 535
Date
Details
Price
Change
Source
8/17/2026
Listed
$1,440,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5100 Fm 535
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,383
-7%
$82,232
-19%
2023
$1,486
100%
$101,814
5%
2023
-100%
$96,616
32%
2021
$1,388
-11%
$73,225
-19%
2022
$1,567
7%
$90,045
22%
2020
$1,466
-5%
$74,031
-2%
2019
$1,539
—
$75,428
29%
2019
$1,539
39%
$58,275
11%
2017
$1,109
26%
$52,317
27%
2016
$879
2%
$41,272
2%
2014
$859
—
$40,656
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5100 Fm 535
Want to learn more about 5100 Fm 535? Do you have questions about finding other Farm real estate for sale in Cedar Creek? You can browse all Cedar Creek real estate or contact a Coldwell Banker agent to request more information.

