107 MOUNTAIN VALLEY DRIVE, SMITHVILLE, TX 78957
Homes for sale in Smithville.
Homes for sale in 78957.
List Price$1,395,000
107 Mountain Valley Drive
Smithville, TX 78957
Listing #5312166
About This Property
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 Features
Location Information
County
Bastrop
Subdivision
Austin, Stephen F
County
Bastrop
Directions
From Austin, travel 71E 20 min past ABIA. Exit 304 and turn right. Turn left onto FM 2571. Turn right onto Mountain Valley Dr. All 6 cabins are on the left side of the road, starting with Cabin 107 and ending with Cabin 135.
Area
SV
Interior Features
Interior
Ceiling Fan(s), Main Level Primary, Open Floorplan, Vaulted Ceiling(s)
Floors
Carpet, Concrete, Laminate
Primary Bedroom On Main
Yes
Laundry
Inside, Laundry Closet, Washer Hookup, Electric Dryer Hookup
Full Baths
2
Appliances
Dishwasher, Electric Range, Microwave
Heating
Central
Exterior Features
Style
Wood Siding
Parking Description
Door-Single, Driveway, Detached, Garage, Gravel
Stories
1
Garage Spaces
1
Is New Construction
No
Fencing
Back Yard, Chain Link, Fenced
Construction/Exterior
Wood Siding
Lot Size in Acres
7.864
Exterior
Private Yard
Waterfront Description
None
Foundation
Slab
Has Waterfront
No
Possession
Closing & Funding, Close Of Escrow
Has View
Yes
Water / Sewer
Septic Tank
View
Rural, Trees/Woods
Water
Well
Is One Story
Yes
School
Elementary School District
Smithville ISD
Middle School
Smithville
Elementary School
Smithville
High School
Smithville
Additional Information
Roof/Attic
Composition, Shingle
APN
17645
Other Utilities
Cable Available, Electricity Available, Sewer Available, Water Available
Status
Active
Property Type
SFR
Documents Available
Aerial, Lease, Water/Well Report, Survey
Property SubType
Other
Square Feet Source
Public Records
Year Built
1997
Similar Listings
Mortgage Calculator
$6,513
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,026
Monthly Tax
$1,162
Monthly Insurance
$325
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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