Rare Two-Cabin Investment Opportunity on 2.974 Acres
Rare opportunity to own an established income-producing property in the heart of the Lost Pines. Situated on 2.974 wooded acres, 150 Copeland Hill Rd. features two established rental cabins, a dedicated well house, and immediate income potential.
The updated primary cabin offers 936 sq. ft., 2 bedrooms, 2 baths, and was originally designed with a detached one-car garage. The garage has been converted into additional living space, providing added flexibility while offering the potential to be converted back to garage use if desired. The second cabin features 648 sq. ft., 2 bedrooms, 1 bath, and an attached 2 car garage below. The well house is being dedicated exclusively to these two cabins, providing independent utility service.
Enjoy towering pines, abundant wildlife, and peaceful country living just minutes from historic downtown Smithville, approximately 15 minutes to Bastrop, and about 45 minutes to Austin. Public access to the Colorado River is just minutes away, offering kayaking, canoeing, fishing, and year-round outdoor recreation.
Looking for additional investment potential? The companion property at 107 Mountain Valley Rd. is also available and features six additional established rental cabins on approximately 7.864 acres. Purchase one or both properties to create an exceptional eight-cabin investment portfolio. Call Listing Agent for additional info.
Established rental history, newer roofs, HVAC systems, individual septic systems, no HOA, and light seller-imposed restrictions help preserve the property's character and long-term appeal. Showings by appointment only with advance approval. Please do not disturb tenants. Buyer to verify all information. Interior photos shown are representative of the one-story cabin style and finish quality and may be from a similar one-story cabin on the property. Individual cabins may vary slightly in finishes and fixtures.
Property Details
- Interior
- Ceiling Fans, Open Floorplan, Vaulted Ceilings
- Cooling
- 1
- Heating
- Central
- Cooling Features
- Central Air, Ceiling Fans
- Bedrooms
- 2
- Bathrooms
- 2.0
- Full Baths
- 2
- View
- Rural,Trees Woods
- Lot Features
- Back Yard, Front Yard, Many Trees, Views
- Lot Description
- Back Yard, Front Yard, Many Trees, Views
- Exterior Features
- Private Yard
- Exterior Materials
- Private Yard
- Acres
- 0.0
- Square Feet
- 936.0
- Lot Size (sqft)
- 2.974
- Parking Features
- Attached, Driveway, Detached, Garage, See Remarks
- Parking
- 1
- Parking Spaces
- 2.0
- Parking Type
- Garage
- Parking Garage Spaces
- 1.0
- Property Type
- Purchase
- Property Subtype Additional
- Single Family Residence
- Year Built
- 1994
- Foundation
- Slab
- Roof
- Composition, Shingle
- Sewer Information
- Septic Tank
- Utility Source
- Shared Well
- Utility Features
- Electricity Available, Sewer Available, Water Available
- Appliances
- Dishwasher, Microwave, Range
- Subdivision
- A4 - Austin, Stephen F.
- School District
- Smithville ISD
- Elementary School
- Smithville
- Middle School
- Smithville
- High School
- Smithville
- County
- Bastrop
- Region
- Smithville
- Original List Price
- $595,000
- Days on Market (Cumulative)
- 86
- Taxes Annual
- $5,546
Location
Legal
Based on information submitted to the MLS GRID as of 2026-09-10T19:00:34Z UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Provided By
Listed by Ashley Figur (#677561)
Listing Office: Bramlett Partners (#6290)
