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Bastrop 78957
107 Mountain Valley DR
$1,395,000
● House - For Sale

107 Mountain Valley DR

Smithville, TX 78957
bedrooms
2 Beds
bathrooms
2 Baths
square feet
936 Ft²
$8,166
Est. Monthly

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.
Unit Size
936 Ft²
Days on Market
-
Land Size
7.86 acres
Price per sqft
$1,490
Property Type
House
Property Taxes
$1,316
HOA Dues
-
Year Built
1975

Listed By

Ashley Figur
Bramlett Residential

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Last updated: 2 months ago (Unlock MLS #ACT5312166)

Price History

Date / Event Date Event Price
Sep 10, 2026 Listed by Bramlett Partners $1,395,000
Listed by Bramlett Partners

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Detached, Driveway, Garage, Gravel, Door-Single
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Open Floorplan, Ceiling-Vaulted, Primary Bedroom on Main
Appliances: Dishwasher, Electric Range, Microwave
Flooring Type: Carpet, Concrete, Laminate
Exterior Details
Square Footage: 936
Square Footage Source: $0
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1997
Waterfront Features: None
Levels: One
Other Structures: None
Window Features: Blinds
Construction Materials: Wood Siding
Patio and Porch Features: Covered, Front Porch, Porch
Lot Features: Back Yard, Front Yard, Level, Native Plants, Wooded, Many Trees, Views
Lot Size Area: 342555.84
Lot Size Units: Square Feet
Lot Size Acres: 7.864
Lot Size Square Feet: 342555.84
Water Source: Well
Financial Details
Tax Assessed Value: $1,072,903
Tax Annual Amount: $15,791
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 10
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 968
  • Parking Space Count: 4
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 910,274
  • Total Building Area: 13,072
  • Gross Building Area: 14,362
  • Building Area: 10,976
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 10,976
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AUSTIN, STEPHEN F.
  • Land Acres: 0000020897
  • Standard Land Use Code: 1006
  • County Land Use Code: E3
  • State Land Use Code: E3
  • Mobile Home Indicator: T
  • Legal Description 1: A4 AUSTIN, STEPHEN F., ACRES 20.897

Neighborhood

  • School District Name: Smithville Independent School District
  • Census Tract: 950601

Geography

  • Parcel: R17645
  • Municipality: SMITHVILLE
  • Latitude: 30.023
  • Longitude: -97.1997

    Address

  • Full Address: 107 Mountain Valley Dr
  • Address - House Number: 107
  • Address - Street Name: Mountain Valley
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Smithville
  • Carrier Code: R004
  • 4-Digit Zip Code: 5016
  • Zip Code: 78957

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,212,573
  • Tax Rate Code Area: S03

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 68
  • Final Value: 1,148,613
  • High Value: 1,413,547
  • Low Value: 883,678

    Market Valuation

  • Market Total Value: $2,095,669
  • Market Land Value: $382,753
  • Market Improvement Value: $1,712,916

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,095,669
  • Assessed Land Value: $382,753
  • Assessed Improvements Value: $1,712,916
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bastrop


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Frequently Asked Questions

When was property at 107 Mountain Valley Drive built and last sold?
The property at 107 Mountain Valley Drive was built in 1975 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 107 Mountain Valley Drive is $1,349,474.
What are some comparable homes to 107 Mountain Valley Drive?
There are currently no comparable homes to 107 Mountain Valley Drive.