
256 Greasy Bend Rd Smithville, TX 78957
Estimated payment $16,759/month
Highlights
- Waterfront
- Pasture
- Partially Fenced Property
- Wooded Lot
About This Lot
Unique opportunity to purchase +/-114 acres, including over 265 feet of Colorado river frontage in Bastrop County, TX. This property has been in the same family for many years. The family has recently spent time and money clearing and making the property more accessible and have opened up the river frontage making it very attractive and accessible.
It is located in one of the fastest-growing areas in Texas. Less than 40 miles from the Austin airport. Just 4 miles east of Smithville, 14 miles southeast of Bastrop, and only 50 miles southeast of downtown Austin in eastern Bastrop County. The property features over 265 ft of Colorado River frontage and is on the river's high bank side, reducing the floodplain.
Includes long-range Hill Country and river views. The property is very private and secluded. Improvements include an older well and a hunting cabin. Recent road work and clearing make the property accessible. The property has over 480 feet of frontage on paved Greasy Bend Road.
The river bottom soil is a very productive gravelly, sandy, clay loam and supports huge pecan, sycamore, and oak trees, as well as, other native river bottom trees and grasses. Native wildlife thrives on the property.
The property has oil and gas potential with nearby production from the Austin Chalk play and the Eagle Ford play. Sand and gravel mining is also fairly common in this area with the nearest sand and gravel mining operation only two miles away. The property is currently under a 1-d-1 Agricultural tax valuation which keeps taxes at a very reasonable level.
The current owner has mineral rights and will negotiate whether they are included in the sale.
Potential uses for this property include family recreational, family homesite, or some type of commercial recreational property that takes advantage of the river access.
Location: 4.5 miles to Smithville, 14.5 miles to Bastrop, 40 miles to Austin Bergstrom International Airport, 50 miles to downtown Austin, 112 miles to downtown San Antonio, and 121 miles to downtown Houston.
Showing Instructions:
This property is marketed and shown exclusively by TDR Real Estate Group and Keller Williams Land. Please contact Robert Pahmiyer at (830) 265-1239 or Kyler Welker at (512) 660-1956 for showing information. All appointments must be made with the listing agent. The buyers agent must make first contact and be present for all showings to qualify for a full commission.

Property Details
Property Type
- Land
Lot Details
- Waterfront
- Fishing include bass, catfish, bream, sunfish, bluegill
- Property fronts a county road
- Partially Fenced Property
- Barbed Wire
- Sloped Lot
- Wooded Lot
- Many Trees
- Current uses include agriculture, hunting/fishing
- Potential uses include agriculture, commercial, grazing, hunting/fishing
- Soil Types include Sandy Loam
Additional Features
- Water Views
- Wildlife includes whitetail deer, quails, ducks, geese, turkeys, doves, hog, alligator
- Easements include access
- Pasture
- 1 Water Well
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/12/2025 06/12/25 | Price Changed | $2,565,000 | -10.0% | -- |
01/16/2025 01/16/25 | For Sale | $2,850,000 | 0.0% | -- |
12/10/2024 12/10/24 | Pending | -- | -- | -- |
05/06/2024 05/06/24 | For Sale | $2,850,000 | -- | -- |
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