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$1,850,000
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Property Description
Rare opportunity to own 48 acres with over 2,100 feet of Colorado River frontage in booming Bastrop County, just outside Smithville and a short drive from Austin. The Colorado River is one of Central Texas' most sought-after waterways-wide, scenic, and ideal for boating, fishing, and swimming. This property features a gently sloping riverbank with a sandy beach for easy water access, multiple build sites, and no restrictions, allowing for a variety of uses including a RV resort, event venue, or hospitality development. Improvements include a high-producing water well, septic permits on file, and proximity to city water and sewer for future expansion. Accessed by a commercial driveway easement from Highway 95/Loop 230, the property also sits adjacent to an airport/runway-adding strong appeal for destination or aviation-based projects. Wildlife exemption keeps taxes low, and owner financing may be available, making this a rare, high-value investment opportunity on one of Texas' premier rivers.
Full Property Details
Full Property Details for 665 Sh 230 Loop
General
- Price: $1,850,000
- Status: Active
- Type: Farms/Ranches
- Source: Central_Texas_MLS
- MLS ID: 596171
- Updated: 10/27/2025
- Added to Site: 85 day(s) ago
Interior
- Number of Rooms: 1
- Interior Features: None
Exterior
- Exterior Features: None
Location
- County: Bastrop
- Subdivision: Decrow, Thomas
- Driving Directions: From Bastrop take 71 toward Smithville. Turn right onto Highway 95 / Loop 230. The driveway is right before the VFW.
School Information
- Elem School District: Smithville
- Midd School District: Smithville
- High School District: Smithville
- Elementary School: Smithville Elementary
- Middle School: Smithville Junior High School
- High School: Smithville High School
Utilities
- Sewer: Public Sewer
- Water: Private, Public, Well
- Well: Yes
- Utility Description: Electricity Available
Structural Information
- Sq. Ft. Source: Appraiser
- Year Built: 2022
- Year Built Source: Assessor
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: River
- Lot Size (Acres): 48.41
- Trees/Vegetation: Heavily Wooded
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Colorado River
Financial Considerations
- Terms: Cash, Conventional, Owner May Carry
Disclosures and Reports
- Documents Avail.: Survey
- Legal Description: 48.41 AC. AND 0.083 AC. T. DECROW SURVEY, A-27 AND T. THOMPSON SURVEY, A-64 BASTROP COUNTY, TEXAS
- Disclosures/Rstr.: Agricultural Exemption
- Property ID: 21665
Listed by Land Unlimited
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Price & Sales History for 665 Sh 230 Loop
Date
Details
Price
Change
Source
10/26/2025
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 665 Sh 230 Loop
665 Sh 230 Loop, Smithville, TX 78957 (MLS# 596171) is a Farms/Ranches property with 0 bedrooms and 0 full bathrooms. 665 Sh 230 Loop is currently listed for $1,850,000 and was received on October 26, 2025. Want to learn more about 665 Sh 230 Loop? Do you have questions about finding other Farms/Ranches real estate for sale in Smithville? You can browse all Smithville real estate or contact a Coldwell Banker agent to request more information.

