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This expansive 5-acre property offers the perfect blend of residential comfort and commercial potential, with a generous 1,000 feet of frontage on 304. Here’s your chance to own a versatile piece of real estate with unrestricted use and unlimited possibilities for development, including the potential for subdivision. The main house features an open living, dining, and kitchen area, along with 4 bedrooms that can easily be converted into office spaces if needed, and 2 baths. The property also includes a separate 450-square-foot guest house complete with a kitchen, bath, and laundry. Additionally, there is a detached two-car garage/workshop providing ample space for vehicles or projects. Full livestock fencing makes this property ready for agricultural use. Enjoy natural shade and privacy with good tree cover throughout. It offers an easy commute to Bastrop, Austin, and surrounding areas, and is just 40 minutes from the Austin airport. This property offers a unique combination of residential comfort, commercial potential, and investment flexibility. Whether you’re looking to establish a residence, start a business, or invest in a profitable venture, this property provides the perfect foundation.
Property Type
Residential
Year Built
1978
Lot Size
4.99 acres
$/Sq Ft
$249
Garage
2 spaces
Listed by KW-Austin Portfolio Real Estate
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
2169 Highway 304 is listed at $475,000 with 4 bedrooms, 2 full bathrooms, 1,910 square feet, 4.99-acre lot.
2169 Highway 304 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.
2169 Highway 304 is a Residential built in 1978 featuring 4 bedrooms, 2 full bathrooms, 1,910 square feet, 4.99-acre lot.
2169 Highway 304 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 2169 Highway 304 is $4,436. 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.
#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% ($95K)
$475,000
Luxury property intelligence
A sourced read on Racoon Ridge pricing, timing, and property scale. No automated valuation claim.
List price
$475,000
Price per sqft
$249/sqft
Vs. Racoon Ridge median
Not available
Days on market
719 days
Original to current
$50K reduction
$525K 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
District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($95,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 2169 Highway 304 is around $2,834 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $475,000, 2169 Highway 304 is in the Racoon Ridge market where there are currently 75 active listings in 78957.
2169 Highway 304 was built in 1978 (48 years ago). Buyers should budget for potential updates to major systems.
2169 Highway 304 includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$525,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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