
— bed, — bath on 169.34 acres in Smithville. Smithville, TX 78957. $2,286,886. Smithville ISD.
Saddle Oak Ranch—169 acres with FM 535 frontage near High Crossing Rd (no hard corner), ~8 mi S of Smithville, ~25 min to Bastrop, ~50 min to Austin. New ranch entrance. Mostly level/gently sloping native ground with ~60–70% tree cover (oaks/cedar/yaupon; scattered pines) and open pasture. (2) stock ponds (<1 ac each) support livestock & wildlife. Utilities in area: Bluebonnet Electric; Aqua Water service area (buyer to verify meter/tap). Ag valuation via cattle (buyer to confirm). Unrestricted (buyer to verify county requirements). Improvements include cattle pens, two-car shop, barn, and existing fencing. Multiple build sites—oak-shaded, pond-oriented, or near the gate for quick in/out. Survey completed May 30, 2022. Quiet country setting in a proven growth corridor. Info packet available; showings by appointment. Family-held for 50+ years, Saddle Oak Ranch is clean, functional acreage in a proven growth corridor—the combination buyers ask for but rarely find. If you want privacy, real utility, and upside, this is it.
With no reported residence square footage and no year-built figure on file, the value at 1400 Fm 535 comes from 169.339 usable acres, FM 535 frontage, existing ranch infrastructure, and a location in one of Bastrop County's most watched growth corridors. At 1400 Fm 535 in the Smithville area of Smithville, TX 78957, buyers are looking at a $2.29 million Farm - Ranch property priced at roughly $13,523 per acre, which is the metric that matters here more than price per square foot.
This tract sits about 8 miles south of Smithville near High Crossing Rd, with an easy drive of roughly 25 minutes to Bastrop and about 50 minutes to Austin. That matters if you want true country ground without giving up access to employers, retail, and services along Highway 71. The setting is quiet and private, but not remote in the wrong way. The ranch has a new entrance off FM 535, and the land itself is mostly level to gently sloping, making it easier to use for cattle, recreation, future homesites, or a long-term hold.
Roughly 60 to 70 percent of the property is wooded with native oak, cedar, yaupon, and scattered pine, while the balance opens into pasture. Two stock ponds, each under an acre, add both function and appeal for livestock and wildlife. Existing improvements include cattle pens, a barn, a two-car shop, and perimeter fencing already in place. Utilities are available in the area through Bluebonnet Electric, and the property is in the Aqua Water service area, subject to buyer verification on service and tap details. The land has carried an agricultural valuation through cattle use, which buyers should confirm directly.
For families considering future residential use, 1400 Fm 535 is served by Smithville ISD. Students are assigned to Smithville schools, with Smithville for elementary, Smithville for middle school, and Smithville for high school. This is a rare combination of acreage, access, and flexibility in Bastrop County. Days on market sit at 133, but that often reflects the narrower buyer pool for large ranch tracts, not a weakness in the asset. What stands out is the mix of frontage, water, shade, open ground, and working improvements on land that has stayed in the same family for more than 50 years. For a buyer who wants room to build, run cattle, hunt, or simply hold quality land near Smithville and Austin, this is the kind of property that tends to look smarter with time.
Verified property facts
1400 Fm 535 is listed at $2,286,886 with 0 bedrooms, 169.34-acre lot. This places it above the ZIP 78957 single-family closed-sale median price of $900,000 (ZIP 78957 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 1, 2026).
1400 Fm 535 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.
1400 Fm 535 is listed by Capitol Ranch Real Estate. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
The most recent annual property tax for 1400 Fm 535 is $5,162. 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.
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Every recorded listing, sale, and lease at 1400 Fm 535, whoever represented it.
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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% ($457K)
Adjustable assumption - not a lending recommendation.
$2,286,886
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List price
$2,286,886
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
332 days
Original to current
No verified reduction
$2.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
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As of Oct 1, 2026, 1400 Fm 535 is offered at $2,286,886. The current MLS snapshot shows 71 active listings in 78957.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
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