Smithville, Texas — Bastrop County

31 Acres on the Colorado River

Over 4,000 feet of river frontage with sandy beach, two water wells, four septic permits, and zero restrictions — thirty minutes from Austin.

31 Acres
4,000+ Ft River Frontage
110 GPM Water Wells
30 Min to Austin
Explore

Infrastructure Already
in the Ground

What would cost $200K+ and 18 months to build from scratch is already here — wells drilled, septics permitted, commercial driveway paved, wildlife exemption active.

🏖️

Sandy Beach Riverfront

Over 4,000 feet of direct Colorado River frontage with a natural sandy beach. Kayak launch, swimming, fishing — the river is the centerpiece.

💧

Two Water Wells

110 GPM combined output. Enough capacity for residential, RV, and agricultural use — no municipal water dependency.

🛤️

No Restrictions

Outside city limits. No HOA, no deed restrictions, no zoning constraints. Wildlife tax exemption in place. Build what you envision.

✈️

Adjacent to Airport

Borders Smithville Municipal Airport. Commercial driveway onto Loop 230 / HWY 95. Easy access, high visibility.

🏗️

4 Septic Permits

Four approved septic permits — ready for immediate development. No waiting on county permitting. Start building day one.

🦌

Wildlife Exemption

Active wildlife management exemption keeps property taxes minimal. The land works for you while you develop at your pace.

Colorado River frontage
"4,000 feet of Colorado River — yours to build on."

A Self-Funding
Development Model

Three tranches. Each one builds enough equity to fund the next through refinancing. The property pays for its own buildout.

Tranche 1

Prove the Model

Move one house onto a 10-acre tract. Build 5 full-hookup RV spots. Establish revenue. Refinance against appraised value.

$110K
Total out of pocket
Tranche 2

Scale & Break Even

Second house, second tract, 10 total RV spots. Revenue covers the carry. The property sustains itself.

$8,400
Monthly revenue
Tranche 3

Full Buildout

Third tract developed. 20 RV spots. Eco-destination amenities — gardens, stage, kayak launch. Cash-flow machine.

$2.5M+
Full buildout value

Built to Perform

$1.2M
Purchase Price
Seller Financed
$128K
Stabilized NOI
Per Year
$2.5M
Full Buildout
Asset Value
79
Total Acres
With Tract 2

Deal Structure

  • Purchase Price$1,200,000
  • FinancingSeller Financed
  • Interest Rate9.25%
  • Term2-Year Balloon
  • Cash to Close$60,000
  • Monthly Payment~$9,300
  • Adjacent Tract (48 ac)$1,850,000

Stabilized Revenue

  • 3 House Rentals$6,000/mo
  • 20 RV Spots (80% occ)$8,800/mo
  • Eco/Events/Camp$3,000/mo
  • Gross Monthly$17,800
  • Annual NOI (60% margin)$128,160

River Town,
Austin Adjacent

📍

663 Northwest Loop 230

Smithville, TX 78957 — Bastrop County

🏙️

30 Minutes to Austin

Quick access to the state capital without the price tag or congestion

🌊

Colorado River Access

Direct frontage — kayaking, fishing, swimming from your own land

✈️

Adjacent to Airport

Smithville Municipal Airport borders the property

🛣️

Highway Frontage

Commercial driveway on Loop 230 / HWY 95

Property survey map — 31.18 acres, Smithville TX

Interested in
Homestead CRTX?

31 acres on the Colorado River. Seller financed. Ready for development.