107 Mountain Valley Dr, Smithville, TX 78957

$1,395,000
2
BD
2
BA
936
SqFt

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List Price
$1,395,000
Status
ACTIVE
Days on Market
7
MLS#
5312166
Subtype
Residential
Year Built
1997
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
936
Lot Size
342,555
Acres
7.86
Subdivision
Austin, Stephen F
Neighborhood
Austin, Stephen F
MLS Area Major
Bastrop/Smithville

Property Description

Rare Six-Cabin Investment Property on 7.864 Acres Exceptional opportunity to own an established income-producing property in the scenic Lost Pines. Nestled on 7.864 wooded acres, 107 Mountain Valley Rd. features six established rental cabins with proven rental history in a peaceful rural setting. Each cabin offers 936 sq. ft., 2 bedrooms, 2 bathrooms, and was originally designed with a detached one-car garage. Two of the garages have been converted into additional living space, providing added flexibility while offering the potential to be converted back to garage use if desired. Several cabins have been updated, while newer roofs, HVAC systems, and individual septic systems provide added value and reduced maintenance. Conveniently located just minutes from historic downtown Smithville, approximately 15 minutes to Bastrop, and about 45 minutes to Austin, the property offers privacy without sacrificing convenience. Public access to the Colorado River is just minutes away for kayaking, canoeing, fishing, and outdoor recreation. The companion property at 150 Copeland Hill Rd. is also available and includes two additional established rental cabins on 2.974 acres with a dedicated well house. Purchase individually or together for a rare eight-cabin investment portfolio totaling 10.8 acres. Call Listing Agent for additional information. Established rental history with rent roll available upon request. No HOA and light seller-imposed restrictions help preserve the property's natural setting and long-term appeal. Showings by appointment only with advance approval. Please do not disturb tenants. Buyer to verify all information.

Additional Information

Amenities
Ceiling Fan(s), Ceiling-Vaulted, Open Floorplan, Primary Bedroom on Main
Interior Features
Ceiling Fan(s), Ceiling-Vaulted, Open Floorplan, Primary Bedroom on Main
Exterior Features
Private Yard
Taxes
$15,790
Appliances
Dishwasher, Electric Range, Microwave
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Wood Siding
Stories
1
Levels
One
Roof
Composition, Shingle
Garage Spaces
1
School District
Smithville ISD
Elementary School
Smithville
Middle School
Smithville
High School
Smithville

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Calculator source: Real Geeks

Listing courtesy of Bramlett Partners. Contact: (512) 850-5717

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