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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
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
$2136.4/mo
Listed by Central Real Estate Group
Property Details
Features
Lot Features
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 presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
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.
With 20% down ($59,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 119 & 123 McCarthy Dr is around $2,019 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
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% ($60K)
$299,000
Luxury property intelligence
A sourced read on Colovista Estates pricing, timing, and property scale. No automated valuation claim.
List price
$299,000
Price per sqft
Not available
Vs. Colovista Estates median
Not available
Days on market
79 days
Original to current
$2K reduction
$301K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $299,000, 119 & 123 McCarthy Dr is in the Colovista Estates market where there are currently 310 active listings in 78602. The Keenan Group has completed 2 transactions in 78602 as part of 1,000+ career sales totaling $1B+ across Austin.
119 & 123 McCarthy Dr includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
119 & 123 McCarthy Dr is part of a managed community with HOA dues of $2,136 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
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