256 Greasy Bend rd - Colorado River Ranch 114.27 Acres of Agricultural Land Offered at $2,285,000 in Smithville, TX 78957

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.
Location: 4.5 miles to Smithville, 14.5 miles to Bastrop, 40 miles to Austin Bergstrom International Airport, 50 miles to downtown Austin, 112 miles to downtown San Antonio, and 121 miles to downtown Houston.
Showing Instructions:
This property is marketed and shown exclusively by TDR Real Estate Group and Keller Williams Land. Please contact Robert Pahmiyer at (830) 265-1239 or Kyler Welker at (512) 660-1956 for showing information. All appointments must be made with the listing agent. The buyer’s agent must make first contact and be present for all showings to qualify for a full commission.