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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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430 N Fm 487 Tract 2 , Rockdale, TX 76567
$289,200
Est. Payment: $1,452.32/mo
3 Bed
1 Bath
1404 Sqft
Status: active | Days on site: 140
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder
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House Description

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 5.740-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. Need more room? See alternative non subdivided listing for 11.08 acres. *** Seller financing available for qualified buyers: 20% down payment, 7.95% interest, 15-year amortization, and a 5-year balloon. Terms subject to seller approval. *** **Owner financing optional with 20% down payment at 7.95% interest on 15 year amortization on 5 year balloon.**
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Highlights

Listed by Matthew W. Shaw , 512-922-1787 Olivos Group , 512-887-1888. Central Texas MLS

Property Type

Residential
Lot/Acreage
5.74

Year Built

1940

County

Milam

 Neighborhood

Timothy S Arnett Surv Abs # 74

 School District

Rockdale ISD

Listing ID

603237

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Dishwasher, Electric Range, Microwave, Some Electric Appliances, Satellite Dish
Floor:Carpet,Vinyl
Other:Ceiling Fan(s),Living/Dining Room,Open Floorplan,Kitchen/Family Room Combo

Exterior Features

Roof:Composition,Shingle
Others:Porch,Storage
Sewer:Not Connected (at lot),Public Sewer
Principal Interest
$1,452
Taxes
$184

Home Price

$289,200

Loan Details

30 yrs
6.434%

Down Payment

20%
$57,840
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,452.32

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,452.32 $184.37 $0.00 $1,636.69
Yearly $17,427.90 $2,212.38 $0.00 $19,640.28
Total $522,836.96 $66,371.40 $0.00 $589,208.36

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Rockdale, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Central Texas MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-17T14:53:31.000Z

© 2026 Central Texas MLS