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$399,000
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Property Description
Nearly 15 acres just south of Bastrop, ready for your vision. With no restrictions and over 500 feet of FM 535 frontage, this property is perfectly suited for a business seeking high visibility or a homestead with room to grow. The land is AG exempt, fully fenced, and prepped for livestock once the grass takes hold. Recent clearing has opened up beautiful homesites tucked toward the back, offering both privacy and gentle rolling views. Located in the Smithville ISD and within an easy commute to Austin, this tract offers a rare combination of convenience, flexibility, and potential. Aqua Water and Bluebonnet Electric are already in place on the western portion. Additional 15 acres available.
Full Property Details
Full Property Details for 1559 Fm 535
General
- Price: $399,000
- Taxes: $2,564 (2025)
- Status: Active
- Type: Farm
- Source: Austin_MLS
- MLS ID: 4601400
- Updated: 3/6/2026
- Added to Site: 149 day(s) ago
Location
- Area: SV
- County: Bastrop
- Subdivision: Evans, Musgrove
- Driving Directions: Address 1559 FM 535
School Information
- Elem School District: Smithville ISD
- Midd School District: Smithville ISD
- High School District: Smithville ISD
- Elementary School: Smithville
- Middle School: Smithville
- High School: Smithville
Utilities
- Sewer: None
- Water: Public
- Utility Description: Electricity Available, Water Connected, Sewer Not Available
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: None
Lot Features
- Property View: Pasture
- Lot Size (Acres): 14.469
- Lot Size (Sq. Ft.): 630,269.64
- Fence: Yes
- Lot Features: Agricultural
- Fencing (Description): Full
Financial Considerations
- Assessment Amount: $360,019
- Tax Amount: $2,564
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: A154 EVANS, MUSGROVE, TR 1, ACRES 14.469
- Disclosures/Reports: None
- Property ID: 94316
Listed by Keller Williams Brazos West
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Schools
Schools serving 1559 Fm 535
School District:Smithville Independent School District
| Name | Grades | Distance |
|---|---|---|
Brown Primary School 403 Southwest 4th Street, Smithville, TX 78957 | PK-2 | 7.2 mi |
Smithville Elementary School 800 Bishop Street, Smithville, TX 78957 | 3-5 | 8.3 mi |
Smithville J High School 287 State Highway 95, Smithville, TX 78957 | 6-8 | 6.9 mi |
Smithville High School 285 State Highway 95, Smithville, TX 78957 | 9-12 | 7 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 1559 Fm 535
Date
Details
Price
Change
Source
11/21/2025
Listed
$399,000
—
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 1559 Fm 535
Year
Property Taxes
Change
Tax Assessment
Change
2024
$103
-8%
$360,019
4891%
2023
$112
100%
$7,213
-8%
2023
-100%
$7,822
-28%
2021
$199
50%
$10,903
30%
2022
$133
-16%
$8,363
5%
2020
$158
-5%
$7,997
-3%
2019
$166
—
$8,245
-3%
2019
$166
-8%
$8,539
-2%
2017
$181
17%
$8,724
11%
2016
$155
20%
$7,852
—
2014
$129
—
$7,881
—
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 1559 Fm 535
Want to learn more about 1559 Fm 535? Do you have questions about finding other Farm real estate for sale in Smithville? You can browse all Smithville real estate or contact a Coldwell Banker agent to request more information.

