
Two adjacent lots totaling 2.131 acres in the Colovista Estates community of Bastrop offer a great opportunity to build in a scenic Hill Country setting near the Colorado River. The property is mostly open land with numerous mature trees, providing natural privacy and plenty of space for a future homesite.
Zoned to Smithville ISD, the lots are ready for development and ideal for buyers looking to construct a custom home. This offering combines acreage, mature trees, and a convenient location near the river, giving flexibility to design a property that fits your needs.
Property Type
Land
Lot Size
2.13 acres
HOA
$2,136.4/year
Listed by Central Real Estate Group
Property Details
Lot Features
Waterfront
1 record on file
Every recorded listing, sale, and lease at 119 & 123 McCarthy DR, whoever represented it.
Verified property facts
119 & 123 McCarthy DR is zoned for Smithville ISD with assigned schools: Smithville (6/10) (elementary), Smithville (middle), Smithville (8/10) (high). School assignments should be verified directly with the district.
119 & 123 McCarthy DR is listed by Central Real Estate Group. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
The most recent annual property tax for 119 & 123 McCarthy DR is $5,605. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 119 & 123 McCarthy DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Smithville ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($50K)
Adjustable assumption - not a lending recommendation.
$250,000
Luxury property intelligence
A sourced read on Colovista Estates pricing, timing, and property scale. No automated valuation claim.
List price
$250,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
176 days
Original to current
$51K reduction
$301K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 5, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
As of Sep 5, 2026, 119 & 123 McCarthy DR is offered at $250,000. The current MLS snapshot shows 326 active listings in 78602. Keenan Group has completed 2 verified transactions in 78602 within its 1,000+ completed transactions and $1B+ career volume across Austin.
The MLS listing marks 119 & 123 McCarthy DR as waterfront. The reported waterfront feature is River Front. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $2,136 annual for 119 & 123 McCarthy DR. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Colovista Estates
Active listings near 119 & 123 McCarthy DR
Recent sales for market context