Current Use by Public Records
- Land
Property Details for 256 Greasy Bnd Rd
- Lot size
- 114.27 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
Exceptional 114.27-acre ranch in Bastrop County, Texas, boasting over 265 feet of Colorado River frontage. This secluded property, held by the same family for years, offers long-range Hill Country views and is conveniently located just 4.5 miles from Smithville and 50 miles from downtown Austin. Recent improvements include road work, clearing, and enhanced river access. The property features an older well and hunting cabin, and benefits from a 1-d-1 Agricultural tax valuation. The fertile river bottom soil supports abundant native trees and wildlife. Significant potential exists for recreational or commercial development, leveraging the river access and proximity to Austin. The property includes over 480 feet of paved road frontage. Mineral rights are owned by the seller and are negotiable. Nearby sand and gravel mining and oil and gas production suggest additional potential revenue streams. This unique opportunity presents a blend of recreational and investment potential in a rapidly growing area of Texas. The property is situated on the high bank side of the river, minimizing floodplain concerns.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Smithville
- County
- Bastrop
- State
- Texas
- Longitude
- -97.0847
- Latitude
- 30.0161
