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Listed price in listed location currency (USD).
$1,395,000

221

MLS® 5312166

Overview

Key Facts

Type 
Levels Residential
Size 936 sqft
Garage Yes
Taxes $15,791
Days Active 15
Lot Size 7.864 Acres
Approx. Age 1997
Avg. Price Per Sqft $1,490
MLS® Number 5312166

Property Address: 107 Mountain Valley Drive, Smithville, TX, 78957

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number5312166
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1997
Basement
DrivewayDoor Single, Driveway, Detached, Garage, Gravel
Garage Spaces
HeatCentral
A/C

Extras

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