Property Attributes
- MLS#5312166
- TypeSingle Family
- Listing Status Active
- CountyBASTROP
- CitySmithville
- AreaSV
- NeighborhoodAustin - Stephen F
- Zip78957
- Style
- Year Built1997
- Taxes$ 15790
- Price$ 1,395,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage936
- Lot Size7.864 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Smithville Elementary School | Smithville Middle School | Smithville High School |
| Price History | |
|---|---|
| 9/10/2026 | Listed $1,395,000 |
General Features
| Living Area | 936 |
|---|---|
| Sewer | Septic Tank |
| Heating | Central |
| Cooling | Central Air |
| Utilities | Cable Available,Electricity Available,Sewer Available,Water Available |
| Roof | Composition,Shingle |
| Appliances | Dishwasher,Electric Range,Microwave |
| Garage Spaces | 1 |
| Patio/Porch Features | Covered,Front Porch,Porch |
| Construction Materials | Wood Siding |
| Year Built | 1997 |
| View | Rural,Trees/Woods |
| Levels | One |
| Property Subtype | See Remarks |
| Tax Year | 2026 |
| Waterfront Features | None |
| Community Features | See Remarks,Fishing |
| County | Bastrop |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Austin,Stephen F |
| Other Structures | None |
| Full Baths | 2 |
| Status | Active |
| 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 |
| High School | Smithville |
| City | Smithville |
| Disclosures | Seller Disclosure,Seller Provided Survey Available |
| MLS Area | SV |
| Lot Size Square Feet | 342555.84 |
| Elementary School | Smithville |
| Tax Annual Amount | 15790.75 |
| Middle/Junior High School | Smithville |
| Property Condition | Resale |
| Additional Parcels Y/N | Yes |
| Virtual Tour | https://www.propertypanorama.com/instaview/aus/5312166 |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 1072903 |
Interior Features
| Interior Amenities | Ceiling Fan(s),Ceiling-Vaulted,Open Floorplan,Primary Bedroom on Main |
|---|---|
| Flooring | Carpet,Concrete,Laminate |
| Window Features | Blinds |
| Total Bedrooms | 2 |
| Main Level Bedrooms | 2 |
| LivingAreaSource | Public Records |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Private Yard |
|---|---|
| Fencing | Back Yard,Chain Link,Fenced |
| Parking Features | Detached,Door-Single,Driveway,Garage,Gravel |
| Lot Features | Back Yard,Front Yard,Level,Native Plants,Trees-Large (Over 40 Ft),Many Trees,Views |
| Water Source | Well |
| Total Parking | 2 |
| Foundation Details | Slab |
| Lot Size Acres | 7.864 |
| Waterfront Y/N | No |
| Covered Spaces | 1 |
| Horse Y/N | No |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties