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Verified property facts
5066 FM 535 is listed at $1,859,000 with 3 bedrooms, 2 full bathrooms, 1,711 square feet, 89.11-acre lot. This places it above the 78612 median of $672,499.
5066 FM 535 is zoned for Bastrop ISD with assigned schools: Red Rock (2/10) (elementary), Bastrop (6/10) (middle), Cedar Creek (6/10) (high). School assignments should be verified directly with the district.
5066 FM 535 is a Farm built in 1975 featuring 3 bedrooms, 2 full bathrooms, 1,711 square feet, 89.11-acre lot.
5066 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 5066 FM 535 is $1,913. 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.
Rare opportunity to own over 89 acres in a rapidly expanding corridor of Bastrop County. With valuable FM 535 frontage and close proximity to Hwy 71, this property offers exceptional access while maintaining privacy and a true "everything is bigger in Texas" land feel. Ideally positioned between Austin and Bastrop, the area is experiencing strong growth driven by major employers and infrastructure nearby. Whether you’re looking to develop, invest, create a bed and breakfast with a tiny home village recreational retreat, or create your own private ranch - the flexibility of this property supports a wide range of uses. A quaint residential home sits on the property and is being sold as-is, fully functional but not considered in the asking price! Located in unincorporated Bastrop County with no zoning for flexible use (subject to county/city guidelines). Only 20 minutes to COTA, 15 minutes (11 miles) to SpaceX / Boring Co, 30 minutes to Austin-Bergstrom International Airport, and 17 minutes to the Sprouts grocery in Bastrop and all the dining and entertainment anyone would want. Haybarn with fenced enclosure. Bluebonnet Electric and Aqua Water Supply connected to the home, second water meter also set for future use. Well on property for livestock and yard around house. Approx. 20% of the property is cleared with large mature oak and cedar trees over 40' tall. NEW SURVEY FOR CURRENT 89.11 ACREAGE AND BOUNDARIES!
Property Type
Farm
Year Built
1975
Lot Size
89.11 acres
$/Sq Ft
$1,086
Garage
4 spaces
Listed by JPAR Round Rock
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Bastrop 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% ($372K)
$1,859,000
Luxury property intelligence
A sourced read on Bymer, Bernard pricing, timing, and property scale. No automated valuation claim.
List price
$1,859,000
Price per sqft
$1,086/sqft
Vs. Bymer, Bernard median
Not available
Days on market
70 days
Original to current
$10K reduction
$1.9M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 11, 2026.
Request Private Market AnalysisWith 20% down ($371,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5066 FM 535 is around $9,805 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,859,000, 5066 FM 535 is in the Bymer, Bernard market where there are currently 81 active listings in 78612.
5066 FM 535 was built in 1975 (51 years ago). Buyers should budget for potential updates to major systems.
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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