$1,395,000

About this home

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.

Description provided by the listing brokerage.

Facts

Property type

Residential · See Remarks

Year built

1997

Lot size

7.86 acres

Living area

936 sq ft

Price per sq ft

$1,490

Bathrooms

2 full, 0 half

Garage

1 spaces

Annual taxes

$15,791

County

Bastrop

Neighborhood

Austin, Stephen F

School district

Smithville ISD

Schools

Smithville · Smithville · Smithville

Features

Roof

Composition, Shingle

View

Rural, Trees/Woods

Sewer

Septic Tank

Levels

One

Cooling

Central Air

Fencing

Back Yard, Chain Link, Fenced

Heating

Central

Flooring

Carpet, Concrete, Laminate

Utilities

Cable Available, Electricity Available, Sewer Available, Water Available

Appliances

Dishwasher, Electric Range, Microwave

Lot

Back Yard, Front Yard, Level, Native Plants, Trees-Large (Over 40 Ft), Many Trees, Views

Water

Well

Horse amenities

None

Windows

Blinds

Parking

Detached, Door-Single, Driveway, Garage, Gravel

Exterior

Private Yard

Interior

Ceiling Fan(s), Ceiling-Vaulted, Open Floorplan, Primary Bedroom on Main

Community

See Remarks, Fishing

Foundation

Slab

Waterfront

None

Construction

Wood Siding

Patio & porch

Covered, Front Porch, Porch

Location