531 Highway 71 W, Smithville, TX, 78957 - MLS# 8550596

$6,522,260

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Acres 152.65
Property Type Commercial
Heating Heat Pump
Parking Driveway, Open
Year Built 1987
Cooling Central Air
Days on Market 249

About 531 Highway 71 W

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.

Location

Legal Description A27 DECROW, THOMAS, ACRES 141.790 (RIVERSIDE VETERINARY HOSPITAL BUILDINGS ONLY ) LOCATED ON R17582
Address 531 Highway 71 W
County Bastrop
City Smithville
Zip Code 78957
Subdivision Decrow, Thomas
MLS Area SV

Size and Restrictions

Acres 152.65
Horses Allowed No
$/Acre $42,727

Improvements

Parking Driveway, Open

Features

View Pond, Pasture, River, Creek/Stream, Trees/Woods, Water

Utilities

Water Well
Utilities Electricity Connected

Beds and Baths

Primary on Main No

Other Rooms

Laundry Facilities Washer Hookup, Dryer Hookup, Electric Dryer Hookup

Heating and Cooling

Heating Heat Pump
Air Conditioning Central Air

Interior Features

Flooring Concrete

Building Information

Year Built 1987
Construction Metal Siding
Foundation Slab

Garage and Parking

Garage No
Parking Driveway, Open

Financial

$/Acre $42,727
Special Conditions NoRestrictions
Documents Available Deed Restriction, Survey
Disclosures Seller Disclosure

Property Taxes

Appraisal District Bastrop
Estimated Taxes $12,162
Tax ID 70345
Tax Year 2025

Homeowner Association

Has HOA No

Listing Details

OfficeTX Brokers
Contact Info(512) 900-3914

Listing Map

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