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Land for Sale in Smithville, Texas

665 Sh 230 Loop, Smithville, TX 78957

$1,850,000
48.4 acres
Active
Est $12,644/mo

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 outside the floodplain, and no restrictions, allowing for a variety of uses including a luxury 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-permitted 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.

Location

Street address
665 Sh 230 Loop
Community
Decrow, Thomas
School district
Smithville
Elevation
320 feet
Coordinates
30.0243, -97.1628

Directions

From Bastrop take 71 toward Smithville. Turn right onto Loop 230/Highway 95. The driveway is right before the VFW.

Property details

Acreage
48.41 acres
MLS #
SMABOR 596167
Posted

Property taxes

2025
$206 - 48.41 AC. AND 0.083 AC. T. DECROW SURVEY, A-27 AND T. THOMPSON SURVEY, A-64 BASTROP COUNTY, TEXAS

Parcels

  • 21665

Legal description

Details and features

Listing

Type
Land

Lot

Vegetation
Wooded
View
River
Features
Acreage, Open Lot, Outside City Limits, Ranch, Views

Structure

Water
Private, Public, Well
Sewer
Public Sewer

Nearby schools

NameLevelDistrictDescription
Smithville ElementaryElementarySmithville
Smithville Junior High SchoolMiddleSmithville
Smithville High SchoolHighSmithville

Listing history

DateEventPriceChangeSource
Oct 27, 2025New listing$1,850,000SMABOR
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This 48.41-acre property is located at 665 Sh 230 Loop in Smithville, TX 78957. The property is available for sale for $1,850,000 with a price per acre of $38,215.

Checked 7 hours ago — Updated

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