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
Taxes
Year Built
Visits
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
