Water Views
Address
531 Highway 71 W, Smithville, TX
Price
$ 6,522,260
Property Attributes
  • MLS#8550596
  • TypeCommercial
  • Listing Status Active
  • CountyBASTROP
  • CitySmithville
  • AreaSV
  • NeighborhoodDecrow - Thomas
  • Zip78957
  • Style
  • Year Built1987
  • Taxes$ 12162
  • Price$ 6,522,260
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4000
  • Lot Size152.648 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description

This exceptional 152 +/- acre farm and ranch property is ideally located in Smithville, Texas, offering a rare combination of highway visibility, Colorado River frontage, and extensive improvements. The property features over 1,000 feet of frontage along Highway 71, providing excellent visibility and accessibility. At the rear, approximately 1,300 feet of Colorado River frontage offers direct access for fishing, kayaking, swimming, or enjoying a choice river setting. The land is predominantly cleared with rolling terrain and includes a pond and a creek running through the property, creating a diverse and scenic landscape suitable for agricultural, equestrian, wildlife, outdoor recreational, or future development uses. Formerly home to Riverside Veterinary Hospital, the property is well improved with a 4,000-square-foot veterinary clinic building, two barns, and extensive cow pens and horse stalls, making it well suited for livestock operations, equine facilities, rehabilitation or sanctuary use, or adaptive commercial applications. The acreage has been leased for hay production and currently benefits from an agricultural exemption through Bastrop County, helping minimize carrying costs. This versatile property presents an outstanding opportunity for ranchers, investors, developers, or owner-operators seeking a strategic location with strong infrastructure, water features, and income-producing capability. Located between Austin and surrounding Central Texas markets, the property is approximately 32.5 miles from Austin-Bergstrom International Airport. With abundant road and river frontage and established improvements, this Smithville farm represents a rare offering. Just 1.2 miles from historic downtown Smithville and near Bastrop’s growing technology corridor, the property offers a balance of small-town charm and proximity to major employment centers. As land values rise across Central Texas, Smithville remains an attractive and more affordable alternative.

Price History
1/17/2026 Listed $6,522,260

General Features

Sewer Septic Tank
Heating Heat Pump
Cooling Central Air
Utilities Electricity Connected
Zoning unrestricted but in the
Construction Materials Metal Siding
Year Built 1987
View Creek/Stream,Pasture,Pond,River,Trees/Woods,Water
Topography Rolling Prairie
Property Subtype See Remarks
Tax Year 2025
Current Use Agricultural,Horses,Livestock,Pasture,Recreational
County Bastrop
Operating Expense 12162.32
New Construction No
Property Type Commercial Sale
Subdivision Name Decrow,Thomas
Building Features Appliances,Electric Dryer Connections,Kitchen Equipment,Private Restrooms,Sign - Freestanding,Storage
Other Structures See Remarks,Barn(s),Bathroom,Corral(s),Kennel/Dog Run,Shed(s)
Status Active
Directions From Smithville,north west on 71 to the address,GPS is correct.
City Smithville
Disclosures Seller Disclosure,Seller Provided Survey Available
MLS Area SV
Lot Size Square Feet 6649346.88
Tax Annual Amount 12162.32
Property Condition Resale
Additional Parcels Y/N Yes
Leasable Area 152
Virtual Tour https://id.land/maps/ff674d9992f876bf10139287e51dd23f/share
Lease Type Ground Lease
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 593988

Interior Features

Flooring Concrete
Total Stories 2

Exterior Features

Parking Features Driveway,Open
Water Source Well
Total Parking 5
Foundation Details Slab
Number of Buildings 4
Building Area Total 4000
Lot Size Acres 152.648
Road Surface Type Dirt
Waterfront Y/N No
Other Equipment Dryer Connections,Electric Dryer Hookup,Washer Hookup
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 78957

Price
AVG $820K
$6.52M
Taxes
AVG $6,244
$12,162
Year Built
AVG 1932
1987
Visits
AVG 70
91
Data Provided by Inside Real Estate®