#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Motivated Seller – All reasonable offers considered! Value is in the land! Structures need material amount of work. Discover your slice of Texas tranquility at 430 FM 487, located just outside of Rockdale, Tx. This gorgeous 11.08-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. 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.
**Owner financing optional with 20% down payment at 7.95% interest on 30 year amortization on 5 year balloon.**
Property Type
Residential
Year Built
1940
Lot Size
11.07 acres
$/Sq Ft
$338
Garage
6 spaces
Listed by Olivos Group
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
430 N FM 487 is listed at $474,300 with 3 bedrooms, 1 full bathrooms, 1,404 square feet, 11.07-acre lot.
430 N FM 487 is zoned for Rockdale ISD with assigned schools: Rockdale (elementary), Rockdale (middle), Rockdale (high). School assignments should be verified directly with the district.
430 N FM 487 is a Residential built in 1940 featuring 3 bedrooms, 1 full bathrooms, 1,404 square feet, 11.07-acre lot.
430 N FM 487 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 430 N FM 487 is $5,962. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Rockdale 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.
20% ($95K)
$474,300
Luxury property intelligence
A sourced read on A0740 ARNETT pricing, timing, and property scale. No automated valuation claim.
List price
$474,300
Price per sqft
$338/sqft
Vs. A0740 ARNETT median
Not available
Days on market
132 days
Original to current
No verified reduction
$474.3K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 22, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($94,860) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 430 N FM 487 is around $2,958 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $474,300, 430 N FM 487 is in the A0740 ARNETT market where there are currently 50 active listings in 76567.
430 N FM 487 was built in 1940 (86 years ago). Buyers should budget for potential updates to major systems.
430 N FM 487 includes verified waterfront access: Pond. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$474,300
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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