5100 FM 535 None
About this property
48 Acres with Two Homes, Pasture, Ag Exemption & Country Living Potential, acreage, versatility, and opportunity come together on this approximately 48-acre property in Bastrop County. The land is 100% fenced and approximately 60% cleared, offering a combination of open pasture and mature native trees, including live oaks, cedars, and mesquite. The front approximately 12-acre pasture has historically been used for hay and grazing, providing useful agricultural and recreational potential. The property currently carries an agricultural exemption, providing for lower property taxes. The property includes two separate residences, offering flexibility for a multi-generational setup, guest accommodations, rental income, or a place to live while making improvements to the main home. The main residence, a two story home built in 1980, offers approximately 3,860 square feet with 4 bedrooms and 3 bathrooms, along with a detached 3-car garage. The main home will require repair work, providing an opportunity for a buyer to renovate and update the property to suit their needs and vision. The 3-bedroom, 1-bath rental home was built in 1982 and offers approximately 1,084 square feet on its own approximately 1-acre homesite. With substantial acreage, two homes, fencing, pasture, mature trees, an existing agricultural exemption, and room to create something special, this property offers the kind of flexibility and land ownership that is increasingly difficult to find in Bastrop County.
Property details
Location
About the Area
5100 FM 535 None is located in Cedar Creek, Texas, in Bastrop County. Bastrop County sits at the eastern edge of the Texas Hill Country transition zone, blending the Lost Pines forest, an isolated stand of loblolly pines separated from the East Texas Piney Woods by 100 miles, with open ranch land and the growing spillover of the Austin metro.
The Colorado River flows through the county, and the Lost Pines ecosystem creates a uniquely lush landscape unusual for Central Texas. Bastrop State Park preserves thousands of acres of pine forest that survived and recovered from the devastating 2011 wildfires.
Cedar Creek had an estimated population of 4,026 as of 2023. The 78612 zip code has a median household income of $90,925, a median home value of $239,100, and a median age of 30.5. The average household size is 3.46 people.
Bastrop County is one of the fastest-growing counties in Texas, driven by Austin metro expansion, the Tesla Gigafactory nearby, and SpaceX's Starbase proximity. Agriculture, timber, and tourism coexist with rapid residential and commercial development.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Keller Williams Realty.