
— bed, — bath on 114.27 acres in Smithville. Smithville, TX 78957. $1,700,000. Smithville ISD.
Discover 114 breathtaking acres just six miles outside of Smithville, perfectly nestled along the scenic Colorado River. This exceptional property offers a rare combination of natural beauty, recreation, and the ideal setting to build your dream riverfront home.
Towering century-old live oaks and mature pecan trees are scattered across the land, creating shaded groves and postcard-worthy views. The varied terrain adds depth and character, making the ranch feel far larger than its acreage and providing multiple elevated building sites with stunning perspectives of the surrounding landscape.
Whether you’re seeking a private retreat, a recreational getaway, or a long-term homestead, this property delivers the true ranch lifestyle while keeping you conveniently close to town. Electricity is already on the property, and a water well will be needed.
A rare opportunity to own a large, beautiful stretch of land along the Colorado River — peaceful, private, and full of potential.
Colorado River frontage on 114.27 acres is the headline at 256 Greasy Bend Rd, a $2.10M land offering that is hard to replicate this close to Smithville. In Smithville, 256 Greasy Bend Rd gives you scale, water, and privacy in one tract, with no existing house to limit how you position a future homesite, barn, guest quarters, or recreational setup.
This is unimproved land in Bastrop County, which matters for buyers who want flexibility. There is no current bedroom, bathroom, or interior square footage count because this is raw land, and there is no year built to factor into the decision. Instead, the value conversation starts with acreage, river access, tree cover, topography, and utility readiness. At roughly $18,376 per acre, the pricing lands at about $0.42 per square foot across the full tract, a useful benchmark for comparing large riverfront holdings in the Smithville area. Electricity is already on the property, and a water well will be needed, which gives a buyer a clear picture of the next development step.
The setting along the Colorado River is the real differentiator. Large tracts with waterfront in this corridor are limited, and the combination of mature live oaks, pecan trees, and rolling ground creates multiple options for a primary build site or weekend retreat. The terrain also gives the land visual depth, which is a major advantage if you want a homesite with long views rather than a flat pasture feel. Greasy Bend Rd keeps the approach quiet, while downtown Smithville is still close enough for groceries, restaurants, and daily errands. Highway 71 is the key regional connector, making trips toward Bastrop, Austin-Bergstrom International Airport, and Austin more straightforward than many rural properties farther east or south.
For families planning ahead, the property sits in Smithville ISD, with Brown Primary, Smithville, and Smithville serving the area. That gives buyers clear school anchors and named campuses rather than vague district references. The proximity to Smithville itself also means quick access to local events, the historic downtown district, and river-country recreation that defines this part of Bastrop County.
After 35 days on market, 256 Greasy Bend Rd stands out as a property for someone thinking long term. You can hold it as a legacy tract, shape it into a private ranch, or build a riverfront estate with real land around you. In a market where usable waterfront acreage keeps getting harder to find, this is the kind of address that can carry both lifestyle appeal and lasting land value.
Verified property facts
256 Greasy Bend RD is listed at $1,700,000 with 0 bedrooms, 114.27-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).
256 Greasy Bend RD is zoned for Smithville ISD with assigned schools: Brown Primary (elementary), Smithville (middle), Smithville (8/10) (high). School assignments should be verified directly with the district.
256 Greasy Bend RD is listed by Keller Williams Brazos West. 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 256 Greasy Bend RD is $2,852. 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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3 records on file
Every recorded listing, sale, and lease at 256 Greasy Bend RD, whoever represented it.
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% ($340K)
Adjustable assumption - not a lending recommendation.
$1,700,000
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List price
$1,700,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
234 days
Original to current
$400K reduction
$2.1M 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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This page does not assume a mortgage rate or publish a monthly payment for 256 Greasy Bend RD. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 1, 2026, 256 Greasy Bend RD is offered at $1,700,000. The current MLS snapshot shows 71 active listings in 78957.
The MLS listing marks 256 Greasy Bend RD as waterfront. The reported waterfront feature is River Front. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
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
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
Best Match
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