Smithville, TX 78957 (Bastrop County)
About this property
Escape the city without sacrificing opportunity at this one-of-a-kind Lost Pines property. Rare multi-cabin investment opportunity in Smithville, TX. This unique property consists of 2 parcels totaling 10.833 wooded acres in the heart of the Lost Pines. Conveniently located just minutes from downtown Smithville, 15 minutes to Bastrop, and approximately 45 minutes from Austin, this peaceful retreat offers privacy, charm, and proven rental income potential. The property includes 8 tenant-occupied cabins across two private county road locations: 150 Copeland Hill Rd. (2 cabins on 3.043 acres with shared well | Tax ID: 8734556) and 107 Mountain Valley Rd. (6 cabins on 7.79 acres | Tax ID: 17645). Seven cabins are approximately 936 sq ft each and feature 2 bedrooms, 2 bathrooms, and detached garages. One cabin is a 2-story approximately 648 sq ft layout with 2 bedrooms, 1 bathroom, and an attached garage. Six of the eight cabins have been updated. All cabins feature newer roofs, HVAC systems, and individual septic systems. Enjoy towering pines, abundant wildlife, scenic rural views, light seller restrictions, no HOA, and a very low tax rate. Deer, roadrunners, wild turkeys, and a variety of birds are frequently seen throughout the property. All 8 cabins have maintained a strong rental history over the years. Rent roll available upon request. No showings at this time due to tenant occupancy. Please do not disturb tenants. No sign or lockboxes on property. Buyer and buyer’s agent to verify all information including square footage, acreage, taxes, restrictions, and schools. For questions and inquiries, contact listing agent.
Property details
Location
About the Area
150 Copeland Hill Rd is located in Smithville, Texas, in Bastrop County. Bastrop County sits at the eastern edge of the Texas Hill Country transition zone, blending the Lost Pines forest, an isolated stand of loblolly pines separated from the East Texas Piney Woods by 100 miles, with open ranch land and the growing spillover of the Austin metro.
The Colorado River flows through the county, and the Lost Pines ecosystem creates a uniquely lush landscape unusual for Central Texas. Bastrop State Park preserves thousands of acres of pine forest that survived and recovered from the devastating 2011 wildfires.
Smithville had an estimated population of 4,032 as of 2023. The 78957 zip code has a median household income of $62,796, a median home value of $246,500, and a median age of 40. The average household size is 2.5 people.
Bastrop County is one of the fastest-growing counties in Texas, driven by Austin metro expansion, the Tesla Gigafactory nearby, and SpaceX's Starbase proximity. Agriculture, timber, and tourism coexist with rapid residential and commercial development.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Bramlett Partners.