107 Mountain Valley DR
About This Property
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.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2026 | Listed by Bramlett Partners | $1,395,000 | |
| Listed by Bramlett Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017