UPDATED:
Key Details
Property Type Single Family Home
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 936 sqft
Price per Sqft $1,490
Subdivision Austin, Stephen F
MLS Listing ID 5312166
Style Single level Floor Plan
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1997
Annual Tax Amount $15,790
Tax Year 2026
Lot Size 7.864 Acres
Acres 7.864
Property Sub-Type See Remarks
Source actris
Property Description
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.
Location
State TX
County Bastrop
Rooms
Main Level Bedrooms 2
Interior
Interior Features Ceiling Fan(s), Ceiling-Vaulted, Open Floorplan, Primary Bedroom on Main
Heating Central
Cooling Central Air
Flooring Carpet, Concrete, Laminate
Fireplace No
Appliance Dishwasher, Electric Range, Microwave
Exterior
Exterior Feature Private Yard
Garage Spaces 1.0
Fence Back Yard, Chain Link, Fenced
Community Features See Remarks, Fishing
Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available
Waterfront Description None
View Rural, Trees/Woods
Roof Type Composition,Shingle
Porch Covered, Front Porch, Porch
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard, Level, Native Plants, Trees-Large (Over 40 Ft), Many Trees, Views
Foundation Slab
Sewer Septic Tank
Water Well
Level or Stories One
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Smithville
Middle Schools Smithville
High Schools Smithville
School District Smithville Isd
Others
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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