Rare Two-Cabin Investment Opportunity on 2.974 Acres
Rare opportunity to own an established income-producing property in the heart of the Lost Pines. Situated on 2.974 wooded acres, 150 Copeland Hill Rd. features two established rental cabins, a dedicated well house, and immediate income potential.
The updated primary cabin offers 936 sq. ft., 2 bedrooms, 2 baths, and was originally designed with a detached one-car garage. The garage has been converted into additional living space, providing added flexibility while offering the potential to be converted back to garage use if desired. The second cabin features 648 sq. ft., 2 bedrooms, 1 bath, and an attached 2 car garage below. The well house is being dedicated exclusively to these two cabins, providing independent utility service.
Enjoy towering pines, abundant wildlife, and peaceful country living just minutes from historic downtown Smithville, approximately 15 minutes to Bastrop, and about 45 minutes to Austin. Public access to the Colorado River is just minutes away, offering kayaking, canoeing, fishing, and year-round outdoor recreation.
Looking for additional investment potential? The companion property at 107 Mountain Valley Rd. is also available and features six additional established rental cabins on approximately 7.864 acres. Purchase one or both properties to create an exceptional eight-cabin investment portfolio. Call Listing Agent for additional info.
Established rental history, newer roofs, HVAC systems, individual septic systems, no HOA, and light seller-imposed restrictions help preserve the property's character and long-term appeal. Showings by appointment only with advance approval. Please do not disturb tenants. Buyer to verify all information. Interior photos shown are representative of the one-story cabin style and finish quality and may be from a similar one-story cabin on the property. Individual cabins may vary slightly in finishes and fixtures.
Property Type(s):
Single Family
|
Last Updated
|
9/10/2026
|
Tract
|
A4 - Austin, Stephen F.
|
|
Year Built
|
1994
|
Community
|
A4 - 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, Microwave, Range |
| AREA |
SV |
| CONSTRUCTION |
Wood Siding |
| EXTERIOR |
Private Yard |
| GARAGE |
Attached Garage, Yes |
| HEAT |
Central |
| INTERIOR |
Ceiling Fan(s), Open Floorplan |
| LOT |
2.974 acre(s) |
| LOT DESCRIPTION |
Back Yard, Front Yard, Many Trees, Views |
| PARKING |
See Remarks, Attached, Detached, Driveway, Garage |
| POOL DESCRIPTION |
None |
| SEWER |
Septic Tank |
| STORIES |
1 |
| STYLE |
Other |
| SUBDIVISION |
A4 - Austin, Stephen F. |
| TAXES |
5546.43 |
| UTILITIES |
Electricity Available, Sewer Available, Water Available |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Rural, Trees/Woods |
| WATER |
Shared Well |
Location
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.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.
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