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256 Greasy Bend Rd, Smithville, TX 78957
$2,850,000
256 Greasy Bend Rd, Smithville, TX 78957View this property at 256 Greasy Bend Rd, Smithville, TX 78957
256 Greasy Bend RdSmithvilleTX78957
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Property Description
Unique opportunity to purchase +/-114 acres, including over 265 feet of Colorado river frontage in Bastrop County, TX. This property has been in the same family for many years. The family has recently spent time and money clearing and making the property more accessible and have opened up the river frontage making it very attractive and accessible.
It is located in one of the fastest-growing areas in Texas. Less than 40 miles from the Austin airport. Just 4 ½ miles east of Smithville, 14 ½ miles southeast of Bastrop, and only 50 miles southeast of downtown Austin in eastern Bastrop County. The property features over 265 ft of Colorado River frontage and is on the river's high bank side, reducing the floodplain.
Includes long-range Hill Country and river views. The property is very private and secluded. Improvements include an older well and a hunting cabin. Recent road work and clearing make the property accessible. The property has over 480 feet of frontage on paved Greasy Bend Road.
The river bottom soil is a very productive gravelly, sandy, clay loam and supports huge pecan, sycamore, and oak trees, as well as, other native river bottom trees and grasses. Native wildlife thrives on the property.
The property has oil and gas potential with nearby production from the Austin Chalk play and the Eagle Ford play. Sand and gravel mining is also fairly common in this area with the nearest sand and gravel mining operation only two miles away. The property is currently under a 1-d-1 Agricultural tax valuation which keeps taxes at a very reasonable level.
The current owner has mineral rights and will negotiate whether they are included in the sale.
Potential uses for this property include family recreational, family homesite, or some type of commercial recreational property that takes advantage of the river access.
Full Property Details
Full Property Details for 256 Greasy Bend Rd
General
- Price: $2,850,000
- Taxes: (2023)
- Status: Active
- Type: Farm
- MLS ID: 6593974
- Updated: 5/6/2024
- Added to Site: 22 day(s) ago
Additional Information
- Pool: Yes
- Other Features: See Remarks
Location
- Area: SV
- County: Bastrop
- Driving Directions: : From Austin-Bergstrom Int’l Airport, travel east on Highway 71 for 33.2 miles, turn left on FM 153 travel 5.6 miles, and turn right on Greasy Bend Road, travel 0.83 miles to the gate entrance on the right.
School Information
- Elem School District: Smithville ISD
- Midd School District: Smithville ISD
- High School District: Smithville ISD
- Elementary School: Smithville
- Middle School: Smithville
- High School: Smithville
Utilities
- Utility Description: Electricity Available
Additional Structures
- Other Structures: See Remarks
Lot Features
- Property View: Hill Country, River
- Mountain views: Yes
- Lot Size (Acres): 114.274
- Lot Size (Sq. Ft.): 4,977,775.44
- Street/Road Desc.: Asphalt
- Topography: Rolling River Bottom
- Lot Features: Agricultural, Farm, Trees-Heavy, Trees-Large (Over 40 Ft), Many Trees, See Remarks
- Land Use: Agricultural Land, Gentleman Ranch, Hunting Lease Potential, Recreational, See Remarks
- Lot Description: Agricultural, Farm, Trees-Heavy, Trees-Large (Over 40 Ft), Many Trees, See Remarks
- Fencing (Description): Barbed Wire, Partial
Horse Property
- Horse Property: Yes
Water Features
- Water Front: Yes
- Water Front Name: Colorado River
- Water Front View: River Front
Financial Considerations
- Lot Price Per Sq. Ft.: $.57
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: Aerial Photos, Survey
- Property ID: 21355
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Schools
Schools serving 256 Greasy Bend Rd
School District:Smithville Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
800 Bishop St, Smithville, TX 78957 | 3-5 | 3.9 mi | |
Brown Primary School
403 4th Ave, Smithville, TX 78957 | PK-2 | 4.9 mi | |
801 Wilkes St, Smithville, TX 78957 | 6-8 | 3.7 mi | |
285 Highway 95, Smithville, TX 78957 | 9-12 | 5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 256 Greasy Bend Rd
Date
Details
Price
Change
Source
5/06/2024
Listed
$2,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 256 Greasy Bend Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
100%
$8,371
-5%
2022
100%
$8,779
6%
2021
-100%
$8,251
4%
2020
$148
53%
$7,906
56%
2019
$97
—
$5,059
-33%
2019
$97
-31%
$7,564
6%
2017
$141
3%
$7,119
-2%
2016
$137
-17%
$7,230
-2%
2014
$166
—
$7,341
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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