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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
1559 Fm 535 is zoned for Smithville ISD with assigned schools: Smithville (6/10) (elementary), Smithville (middle), Smithville (8/10) (high). School assignments should be verified directly with the district.
1559 Fm 535 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1559 Fm 535 is $2,564. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($79,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1559 Fm 535 is around $2,284 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Listing timeline with current price, original ask, and market time.
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.
Property Type
Farm
Lot Size
14.47 acres
Listed by Keller Williams Brazos West
Property Details
Lot Features
Fencing
Smithville ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($80K)
$399,000
Luxury property intelligence
A sourced read on Evans, Musgrove pricing, timing, and property scale. No automated valuation claim.
List price
$399,000
Price per sqft
Not available
Vs. Evans, Musgrove median
Not available
Days on market
171 days
Original to current
No verified reduction
$399K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 9, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $399,000, 1559 Fm 535 is in the Evans, Musgrove market where there are currently 78 active listings in 78957.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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