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$274,900 Just Listed
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Property Description
Value is in the land! Discover your slice of Texas tranquility at 430 FM 487, located just outside of Rockdale, Tx. This gorgeous 5.74-acre property features level, naturally landscaped terrain complete with a private pond, a barn with holding pens, a storage shed and fully fenced. The site includes a 1940s 3-bedroom, 1-bath fixer-upper, offering a unique opportunity to renovate a classic or build your custom dream home. Structures need material amount of work. With endless potential for a residential retreat, commercial business, farm or agricultural use. This property is strategically located just 30 minutes from Taylor and an hour from Austin, College Station, and Temple. ***Seller financing available for qualified buyers: 20% down payment, 7.95% interest, 15-year amortization, and a 5-year balloon. Terms subject to seller approval.***
Full Property Details
Full Property Details for 430 N Fm 487 #Tract 2
General
- Price: $274,900
- Taxes: $3,563 (2026)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 5991475
- Updated: 8/3/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Main Level Primary, Open Floorplan
- Appliances: Dishwasher, Free-Standing Electric Oven, Microwave, Stainless Steel Appliance(s)
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Laundry Room, Outside
Additional Information
- Shared Amenities: None
- Security/Safety: None
Exterior
- Exterior Features: Exterior Steps
- Porch/Patio/Deck: Rear Porch, Front Porch
Parking
- Total Spaces: 6
- Parking Features: Gravel
Location
- Area: MC
- County: Milam
- Subdivision: Timothy S Arnett Surv Abs # 74
- Driving Directions: From Rockdale - Head north on FM 487/Ackerman, Property is on the right before you reach Smith Road
- Direction Faces: South
School Information
- Elem School District: Rockdale ISD
- Midd School District: Rockdale ISD
- High School District: Rockdale ISD
- Elementary School: Rockdale
- Middle School: Rockdale
- High School: Rockdale
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Roof: Composition
- Windows: Aluminum Frames
- Stories/Levels: 1
- Square Feet: 1,404
- Sq. Ft. Source: Public Records
- Living Area: 1,404 Sq. Ft.
- Year Built: 1940
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Barn(s), Shed(s)
Lot Features
- Property View: Hills
- Lot Size (Acres): 5.74
- Lot Size (Sq. Ft.): 250,034.4
- Fence: Yes
- Lot Features: Alley, Level, Moderate Trees, Native Plants
- Fencing (Description): Barbed Wire, Gate
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Barn
Water Features
- Water Front Desc.: Pond
Financial Considerations
- Assessment Amount: $209,550
- Tax Amount: $3,563
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, Owner May Carry, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Survey
- Legal Description: A0740 ARNETT, T.S., 5.74 ACRES
- Disclosures/Reports: Lead Based Paint Disclosure, Owner Is Listing Agent, Other, Seller Disclosure
- Property ID: 20553626 - Tract 2
- Lot Number: Timothy S Arnett Surv Abs
Listed by Olivos Group
Get Pre-Approved Today
Schools
Schools serving 430 N Fm 487 #Tract 2
School District:Rockdale Independent School District
| Name | Grades | Distance |
|---|---|---|
Rockdale Elementary School 625 West Belton Avenue, Rockdale, TX 76567 | PK-2 | 0.1 mi |
Rockdale Intermediate School 1338 W Us Hwy 79, Rockdale, TX 76567 | 3-5 | 2.3 mi |
Rockdale J High School 814 Bushdale Road, Rockdale, TX 76567 | 6-8 | 0.6 mi |
Rockdale High School 500 Childress Drive, Rockdale, TX 76567 | 9-12 | 0.6 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 430 N Fm 487 #Tract 2
Date
Details
Price
Change
Source
8/03/2026
Listed
$274,900
—
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 430 N Fm 487 #Tract 2
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,535
353%
$356,820
67%
2022
$339
—
$213,630
203%
2022
$339
—
$70,420
63%
2022
$339
-30%
$43,152
100%
2021
$482
—
—
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 430 N Fm 487 #Tract 2
430 N Fm 487 #Tract 2, Rockdale, TX 76567 (MLS# 5991475) is a Single Family property with 3 bedrooms and 1 full bathroom. 430 N Fm 487 #Tract 2 is currently listed for $274,900 and was received on August 03, 2026. Want to learn more about 430 N Fm 487 #Tract 2? Do you have questions about finding other Single Family real estate for sale in Rockdale? You can browse all Rockdale real estate or contact a Coldwell Banker agent to request more information.

