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$1,395,000
2 Beds 2 Baths 5312166 MLS 78957 Zip Code
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.

107 Mountain Valley Dr, Smithville

$325,000
3 Beds 2 Baths 9044069 MLS 78957 Zip Code
Originally built as a Sears, Roebuck and Co. kit home, this Smithville property offers a piece of history with the character you simply can’t recreate. Framed by mature trees and a classic white picket fence, the home welcomes you with a covered front porch made for rocking chairs and slow mornings. Inside, original-style hardwood floors, arched openings, a cozy fireplace and abundant natural light add to its timeless charm. The spacious kitchen provides generous cabinetry and workspace with an adjoining dining area, while a separate laundry room adds convenience. The flexible floor plan includes a main-level bedroom and additional upstairs rooms that could serve as bedrooms, an office, playroom or creative space. Out back, a screened porch overlooks the fenced yard and private in-ground pool, perfect for cooling off during a Texas summer. Historic character, flexible living space and a backyard built for enjoying, this one is distinctly Smithville.

802 Hudgins St, Smithville

$175,000
3 Beds 2 Baths 2412395 MLS 78957 Zip Code
The classic profile of a single-story home welcomes you to this property situated on NW 5th St in Smithville, offering 1,716 square feet of interior living space on a 0.21-acre lot. This residence combines functional living spaces with a generous yard, creating an inviting atmosphere from the moment you arrive. Inside, the residence features three bedrooms and two full bathrooms. The floorplan spans across one story, providing a direct layout that maximizes the interior square footage. The home will need all flooring and interior paint updated to simply make it move in ready or to set up your next "rental" investment. The Home will need some Lipstick. :) Outside, the property occupies a 9,278-square-foot lot that offers space for outdoor activities and personal landscaping projects in a residential setting. Enjoy the Large Mature Pecans!!! The outdoor area provides a serene backdrop for daily living and relaxation. The property is situated only a couple blocks from a major brand grocery store, historic downtown, and numerous dining restaurants. Easy walk to Smithville local schools. It is also just a short walk to shore fishing on the Colorado River next to a public boat launch site. This Smithville home brings together practical design elements in an appealing location. Contact us today to schedule your private tour of this property.

204 Nw Nw 5th St, Smithville

$424,999
3 Beds 3 Baths 4550776 MLS 78957 Zip Code
Welcome to one of Smithville's most charming homes, where timeless character meets modern comfort. Located just minutes from historic downtown, this beautifully updated property offers the perfect blend of classic appeal and everyday functionality. Inside, you'll find spacious living areas filled with natural light, an updated kitchen designed for gathering, and original details that give the home warmth and personality. Large bedrooms, abundant storage, and thoughtful updates make this home move-in ready while preserving its unique character. Outside, the mature trees and generous corner lot create a peaceful setting with plenty of room to relax, entertain, garden, or simply enjoy the slower pace of small-town living. Whether you're sipping coffee on the porch or hosting friends in the backyard, this property feels like home from the moment you arrive. Smithville is known for its vibrant downtown, local shops, restaurants, community events, and easy access to Bastrop, Austin, and surrounding areas. Whether you're looking for your first home, a weekend retreat, or a place to enjoy small-town Texas living, 601 Garwood offers an opportunity that's hard to find. Don't miss your chance to own a piece of Smithville charm with the comfort and convenience today's buyers are looking for.

601 Garwood St, Smithville

$50,000
8392510 MLS 78957 Zip Code
Build your dream home in the heart of Smithville on this beautiful residential lot located at 305 Ross Street. Offering approximately 0.19 acres, this level homesite is shaded by mature trees and provides the perfect opportunity to create a custom home while enjoying the charm and character of one of Central Texas' fastest-growing small towns. Conveniently located just minutes from historic downtown Smithville, you'll enjoy easy access to local restaurants, shopping, schools, parks, and community events while maintaining the privacy of an established neighborhood. Public water, public sewer, and electricity are available, helping simplify the building process and making this lot an excellent option for homeowners, builders, or investors. Surrounded by mature trees and offering a peaceful neighborhood setting, this property combines small-town living with convenient access to Bastrop, Austin-Bergstrom International Airport, Tesla, The Boring Company, and other major Central Texas employers. Whether you're looking to build your forever home, a rental property, or hold as an investment, this lot offers endless potential. Rare affordable lots inside Smithville city limits are becoming increasingly difficult to find. Don't miss your chance to secure a build-ready property in a growing community known for its historic charm, friendly atmosphere, and convenient location.

305 Ross St, Smithville

$650,000
3 Beds 3 Baths 3367423 MLS 78957 Zip Code
Located in the heart of the Historic District in downtown Smithville, this beautifully restored 1930s home blends timeless character with the comfort and quality of modern construction. Purchased in 2020 and extensively rebuilt by the current owner, the home preserves its original charm while living like a brand-new residence. Thoughtfully updated throughout, the property features new siding and exterior paint, all-new Marvin double-hung windows with custom screens, upgraded electrical systems, and completely new plumbing, lighting, and interior finishes. White oak flooring runs throughout the first floor, complemented by custom cabinetry and a beautifully updated kitchen featuring stainless KitchenAid appliances. The detached garage was completely rebuilt and offers abundant storage along with a 50-amp outlet ready for electric vehicle charging. Adding even more versatility and value, the property also includes a stunning oversized one-bedroom, one-bath apartment with a full kitchen and living area — ideal for guests, rental income, or a private home office setup.

506 Gresham St, Smithville

$59,900
7042553 MLS 78957 Zip Code
These 2 lots selling together are .24 in size. They have been cleared and already have an installed water meter! For the advertised price, seller will provide at no extra cost: survey plat, septic design, driveway permit, besides the 911 address already assigned; all with an approximate $ 1,500 cost!! The street is paved and County maintained. Manufactured and site-built homes are allowed as well as tiny homes, barndominiums or weekend RV (see deed restrictions and survey-plat attached in MLS docs). NO FLOODPLAIN! Lake Thunderbird community offers a large lake to be used only by homeowners so they can fish, kayak, paddleboard, or row. The annual HOA fee is $ 150. This property is located only 15 miles from Bastrop and about 5 miles to Smithville. Also, there is easy access to Austin through HWY 71 at about 40 minutes' drive. Several other nearby cities/towns are also at reach. Seller-finance available, please inquire about terms. Smithville is a fast-growing city as it is Bastrop Co, where several large businesses are presently relocating to, including a huge movie filming studio complex, a large data center and several other groups. Call today and inquire on how to obtain this very nice property! Listing agent speaks Spanish too!

200 Cheyenne Dr, Smithville

$130,000
2 Beds 1 Baths 4938192 MLS 78957 Zip Code
OWNER FINANCING AVAILABLE! Brand-new, never-lived-in manufactured home situated on a corner lot in the Lake Thunderbird community of Smithville. This property is ADA compliant, offering accessibility features designed for comfort and functionality. The home also includes a built-in fire protection system with interior sprinklers, a rare safety feature for added peace of mind. A new septic system has been installed, minimizing upfront expenses for the next owner. The corner lot provides additional space and flexibility, with potential for outdoor use or future improvements. Located in a quiet, rural lake community with low annual POA dues, this property is well-suited for a primary residence, weekend retreat, or investment.

121 Kiowa Dr, Smithville

$199,000
9000712 MLS 78957 Zip Code
Unlock the potential of this fabulous property on Commanche Dr—a unique opportunity to own two separate parcels sold together in the growing Smithville, TX land market. This raw land near Austin offers versatility, privacy, and a long-term upside for investors, nature lovers, or buyers ready to create something truly custom. One smaller lot (0.115 acres) provides access to the Lake Thunderbird Property Owners Association, giving you private access to a 115 acre lake for recreation and added lifestyle value. The second parcel is an expansive 8.315 acre tract offering flexibility with minimal restrictions. With water and electrical utilities at the street, this property is a blank canvas—bring your imagination and design your ideal homestead, recreational retreat, or future development project. Located in Smithville, you’ll enjoy the charm of small-town living with convenient access to Bastrop and Austin. Known for its historic downtown, river access, outdoor recreation, and film-friendly scenery (Hope Floats), Smithville continues to attract buyers seeking space, affordability, and a slower pace of life while remaining within reach of major employment hubs. Whether you’re searching for acreage in Central Texas, a lake-access property, or a land investment opportunity near Austin, this offering checks all the boxes. Don’t miss your chance to secure this versatile property—contact us today for more details and start building your vision on TBD Commanche Dr! Boundary lines are approximate.

TBD Commanche Dr, Smithville

$274,950
3 Beds 2 Baths 6639615 MLS 78957 Zip Code
Get ready to swim, fish. and float around on one of the said best fishing lakes in Bastrop County. Brand new build. Come check out this beautiful never lived in home on two lots located in Indian Lake Subdivision. With 3 bedrooms,2 baths and open floor plan you will have plenty of room for family and entertaining. 9 foot ceilings, recessed lighting throughout. Kitchen features granite counter tops, stainless appliances and beautiful black farmhouse sink. Walk-in pantry with ample shelves. Huge laundry room with sink, great sized bedrooms with walk-in closets. Bathrooms have tub to ceiling tile, and feature a beautiful vanity with tons of storage. Large mirrors and perfect lighting fixtures bring it all together. Community pool, picnic area, common grounds with lake access. Jump on Hwy 71 and be in Austin in less than an hour.

118 Peace Pipe, Smithville

$239,000
2 Beds 2 Baths 8031441 MLS 78957 Zip Code
Investor special in Smithville, TX with major value-add potential! This partially remodeled 2 bed, 2 bath home offers an easy 3-bedroom conversion—ideal for increasing resale value, rental income, or short-term rental potential just minutes from downtown. Located in the heart of Bastrop County near Austin growth corridors, this property is perfect for investors, flippers, or buyers looking for a fixer-upper with upside. Featuring solid bones, a flexible layout, detached garage, and gated wrought-iron fencing, the heavy lifting is already started. Seller is including flooring materials, helping reduce renovation costs and accelerate completion—making this a strong opportunity for a quick turnaround or long-term hold. Close to shopping, dining, schools, and local events, this property checks all the boxes for primary residence, Airbnb, or cash-flow investment. Opportunities like this in Smithville are getting harder to find—don’t miss it.

902 Turney St, Smithville

$1,225,000
8191233 MLS 78957 Zip Code
Unrestricted Development Opportunity in Smithville! Located just off County Road in Smithville, this rare property offers prime access and major utility connections nearby. A 12” water line runs along the east side of American Legion and the south side of the property—within the neighbor’s land to the south. A sewer main is also nearby at American Legion and Hwy 71, 3 phase powerline on east property line of property. North side of property line new 3 phase powerline. With city limits on two sides, the property itself lies in the county—allowing for flexible development options. Whether you keep it county or pursue annexation through a Planned Development District (PDD), the potential here is wide open. No restrictions. Ideal for residential, commercial, or mixed-use development.

660 American Legion Rd, Smithville

$300,000
2 Beds 1 Baths 4689823 MLS 78957 Zip Code
Here is your rare opportunity to own LAKE FRONT property on Indian Lake! Imagine waking up to the sounds of nature and spending your days fishing for largemouth bass, crappie, perch, and catfish in the stocked lake, just steps from your back door. Sounds really nice, right? Keep reading, it gets better! The totally renovated home which is approximately 1200sf with 2 large bedrooms and 1 bath includes a brand-new roof, new septic system, new windows, updated electrical and plumbing system, flooring, new central ac/heat system, interior/exterior doors, and low maintenance Trex decking on back and side porches. Fresh paint and new hardi board siding gives the home a fresh, welcoming facade. Situated on a quiet cul-de-sac, your privacy is ensured, making this an ideal spot to unwind. The community amenities include a pool, pavilion with BBQ area, lighted fishing pier, boat ramp, and playground. Don't miss this rare opportunity to own lake front property on Indian Lake, where every day feels like a vacation. Centrally located off FM 153 just 7 miles NE of Smithville, 14 miles E of Bastrop, 16 miles W of La Grange, and 13 miles S of Gidding. Austin’s Bergstrom International Airport is just 36 miles away.

106 Caddo, Smithville

$275,000
3814501 MLS 78957 Zip Code
Absolutely stunning 11-acre tract in the heart of the Texas Hill Country, featuring towering oak trees, a wet-weather creek, and breathtaking panoramic views! This property offers the perfect blend of natural beauty and functionality with an existing AG exemption in place, resulting in incredibly low taxes of just $21 for the year through the community group exemption. Utilities are already in motion with an electric tap located at the front corner and a pole in place, making your build process even easier. The property also offers access to two confirmed aquifers, providing excellent potential for well water. Enjoy the peace, privacy, and wide-open space of country living while still being conveniently located near Bastrop and Smithville, as well as major employment hubs including The Boring Company, SpaceX, and Tesla Gigafactory Texas. Just a short drive to Austin and the University of Texas at Austin for dining, entertainment, festivals, and Longhorn football. Whether you're looking to build your dream home, invest, or create a private retreat, this property truly has it all!

TBD2 Davis Rd, Smithville