Active · MLS# 5312166

107 Mountain Valley Dr

Smithville, TX, 78957

$1,395,000

2 Beds · 2 Baths · 936 SF · $1490/SF

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.

Property Details

Property type

See Remarks

Living area

936 sq ft

Bedrooms

2

Bathrooms

2 full

Year built

1997

Lot size

7.864 acres

Garage

1 spaces

Subdivision

Austin, Stephen F

County

Bastrop

Annual taxes

$15,791

Schools

Elementary

Smithville

Middle

Smithville

High

Smithville

Features

Interior

Ceiling Fan(s) · Ceiling-Vaulted · Open Floorplan · Primary Bedroom on Main

Exterior

Private Yard

Flooring

Carpet · Concrete · Laminate

Heating

Central

Cooling

Central Air

Views

Rural · Trees/Woods

Listing courtesy of Ashley Figur, Bramlett Partners. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.