Austin Area MLS Listings

107 Mountain Valley DR, Smithville, TX 78957 (MLS # 5312166)

Price $1,395,000
Status Active
Beds 2
Baths 2 Baths
Home size 936 sqft
Lot Size 7.86 ac
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 Type(s): Single Family
Last Updated 9/10/2026 Tract Austin, Stephen F
Year Built 1997 Community Austin, Stephen F
Garage Spaces 1.0 County Bastrop

SCHOOLS

Elementary School Smithville
Jr. High School Smithville
High School Smithville

Additional Details

AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Electric Range, Microwave
AREA SV
CONSTRUCTION Wood Siding
EXTERIOR Private Yard
GARAGE Yes
HEAT Central
INTERIOR Ceiling Fan(s), Master Downstairs, Open Floorplan
LOT 7.864 acre(s)
LOT DESCRIPTION Back Yard, Front Yard, Level, Many Trees, Native Plants, Views
PARKING Detached, Driveway, Garage, Gravel
SEWER Septic Tank
STORIES 1
STYLE Single level Floor Plan
SUBDIVISION Austin, Stephen F
TAXES 15790.75
UTILITIES Cable Available, Electricity Available, Sewer Available, Water Available
VIEW Yes
VIEW DESCRIPTION Rural, Trees/Woods
WATER Private, Well

Location

 

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Property listed by Ashley Figur, Bramlett Partners
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 9/11/26 9:37 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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This IDX solution is (c) Diverse Solutions 2026.

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