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Keenan Group#1 Austin Board of Realtors Team 2024

$6,522,260

0Beds
152.65 acresLot

531 Highway 71, Smithville, TX 78957

Smithville·MLS# 8550596·Built 1987·293 days on market

— bed, — bath on 152.65 acres in Smithville. Smithville, TX 78957. $6,522,260.

About This Home

This exceptional 152 +/- acre farm and ranch property is ideally located in Smithville, Texas, offering a rare combination of highway visibility, Colorado River frontage, and extensive improvements. The property features over 1,000 feet of frontage along Highway 71, providing excellent visibility and accessibility. At the rear, approximately 1,300 feet of Colorado River frontage offers direct access for fishing, kayaking, swimming, or enjoying a choice river setting. The land is predominantly cleared with rolling terrain and includes a pond and a creek running through the property, creating a diverse and scenic landscape suitable for agricultural, equestrian, wildlife, outdoor recreational, or future development uses. Formerly home to Riverside Veterinary Hospital, the property is well improved with a 4,000-square-foot veterinary clinic building, two barns, and extensive cow pens and horse stalls, making it well suited for livestock operations, equine facilities, rehabilitation or sanctuary use, or adaptive commercial applications. The acreage has been leased for hay production and currently benefits from an agricultural exemption through Bastrop County, helping minimize carrying costs. This versatile property presents an outstanding opportunity for ranchers, investors, developers, or owner-operators seeking a strategic location with strong infrastructure, water features, and income-producing capability. Located between Austin and surrounding Central Texas markets, the property is approximately 32.5 miles from Austin-Bergstrom International Airport. With abundant road and river frontage and established improvements, this Smithville farm represents a rare offering. Just 1.2 miles from historic downtown Smithville and near Bastrop’s growing technology corridor, the property offers a balance of small-town charm and proximity to major employment centers. As land values rise across Central Texas, Smithville remains an attractive and more affordable alternative.

Property Type
Commercial Sale
Year Built
1987
Lot Size
152.65 acres

Listing information last updated October 27, 2026.

Listed by TX Brokers

MLS# 8550596 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 152.65-acre lot
As land values rise across Central Texas, Smithville remains an attractive and more affordable alternative.

Facts & Features

Interior

Flooring

  • Concrete
Heating
Heat Pump
Cooling
Central Air
Exterior & Lot

Construction

  • Metal Siding

Foundation

  • Slab
Lot Size
152.65 Acres
Stories
2

Parking

  • Driveway
  • Open
Financial
Original List Price
$6,522,260
Utilities
  • Electricity Connected
Water Source
Well
Sewer
Septic Tank

Transaction History

2 records on file

Every recorded listing, sale, and lease at 531 Highway 71, whoever represented it.

  1. ActiveListed 2026
    Current price: $6,522,260Original list: $6,522,260MLS 8973060
  2. ActiveListed 2026
    Current price: $6,522,260Original list: $6,522,260MLS 8550596

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$6,522,260
Original list
$6,522,260
Price movement
No verified reduction
Listed / DOM
Jan 16, 2026 · 293 days

Virtual Tour

Virtual tour of 531 Highway 71
Map showing 531 Highway 71
531 Highway 71
Directions
Principal & interest
$35,347

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

Illustrative down payment

20% ($1.3M)

Adjustable assumption - not a lending recommendation.

Home price

$6,522,260

Loan: $5.2M

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-11-05
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Luxury property intelligence

Keenan Market Position

A sourced read on Smithville pricing, timing, and property scale. No automated valuation claim.

List price

$6,522,260

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

293 days

Original to current

No verified reduction

$6.5M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 28, 2026.

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Verified property facts

Frequently Asked Questions

How much is 531 Highway 71?

531 Highway 71 is listed at $6,522,260 with 0 bedrooms, 152.65-acre lot. This places it above the ZIP 78957 single-family closed-sale median price of $325,000 (ZIP 78957 geography · single-family closed sales · median sale price · trailing 12 months as of Nov 5, 2026).

What are the property details for 531 Highway 71?

531 Highway 71 is a Commercial Sale built in 1987 featuring 0 bedrooms, 152.65-acre lot.

What are the property taxes for 531 Highway 71?

The most recent annual property tax for 531 Highway 71 is $12,162. 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.

How should a buyer estimate the monthly payment for 531 Highway 71?

This page does not assume a mortgage rate or publish a monthly payment for 531 Highway 71. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 531 Highway 71 compare with other homes in Smithville?

As of Oct 28, 2026, 531 Highway 71 is offered at $6,522,260. The current MLS snapshot shows 66 active listings in 78957.

When was 531 Highway 71 built?

531 Highway 71 was built in 1987 (39 years ago). Buyers should budget for potential updates to major systems.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Smithville

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/28/2026, 12:52:03 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/28/2026, 12:52:03 AM

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