Rare Two-Cabin Investment Opportunity on 2.974 Acres Rare opportunity to own an established income-producing property in the heart of the Lost Pines. Situated on 2.974 wooded acres, 150 Copeland Hill Rd. features two established rental cabins, a dedicated well house, and immediate income potential. The updated primary cabin offers 936 sq. ft., 2 bedrooms, 2 baths, and was originally designed with a detached one-car garage. The garage has been converted into additional living space, providing added flexibility while offering the potential to be converted back to garage use if desired. The second cabin features 648 sq. ft., 2 bedrooms, 1 bath, and an attached 2 car garage below. The well house is being dedicated exclusively to these two cabins, providing independent utility service. Enjoy towering pines, abundant wildlife, and peaceful country living just minutes from historic downtown Smithville, approximately 15 minutes to Bastrop, and about 45 minutes to Austin. Public access to the Colorado River is just minutes away, offering kayaking, canoeing, fishing, and year-round outdoor recreation. Looking for additional investment potential? The companion property at 107 Mountain Valley Rd. is also available and features six additional established rental cabins on approximately 7.864 acres. Purchase one or both properties to create an exceptional eight-cabin investment portfolio. Call Listing Agent for additional info. Established rental history, newer roofs, HVAC systems, individual septic systems, no HOA, and light seller-imposed restrictions help preserve the property's character and long-term appeal. Showings by appointment only with advance approval. Please do not disturb tenants. Buyer to verify all information. Interior photos shown are representative of the one-story cabin style and finish quality and may be from a similar one-story cabin on the property. Individual cabins may vary slightly in finishes and fixtures.
Active under contract
Price cut: $1.2M (9/10)
$595,000
150 Copeland Hill Rd, Smithville, TX 78957
2beds
936sqft
Single Family Residence
Built in 1994
2.97 Acres Lot
$-- Zestimate®
$636/sqft
$-- HOA
What's special
- 51 days
- 10
- 0
Zillow last checked:
Listing updated:
Listed by:
Ashley Figur (512) 850-5717,
Bramlett Partners (512) 850-5717
Source: Unlock MLS,MLS#: 9112358
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Microwave, Range
Features
- Ceiling Fan(s), Vaulted Ceiling(s), Open Floorplan
- Flooring: Carpet, Concrete, Laminate
- Windows: Blinds
Interior area
- Total interior livable area: 936 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: See Remarks, Attached, Detached, Driveway, Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Porch
- Exterior features: Private Yard
- Pool features: None
- Fencing: Back Yard, Chain Link, Fenced
- Has view: Yes
- View description: Rural, Trees/Woods
- Waterfront features: None
Lot
- Size: 2.97 Acres
- Features: Back Yard, Front Yard, Many Trees, Views
Details
- Additional structures: None
- Has additional parcels: Yes
- Parcel number: 8734556
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition, Shingle
Condition
- Resale
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Septic Tank
- Water: Shared Well
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Features: None
- Subdivision: A4 - Austin, Stephen F.
HOA
- Has HOA: No
Location
- Region: Smithville
Financial & listing details
- Price per square foot: $636/sqft
- Tax assessed value: $377,258
- Annual tax amount: $5,546
- Date on market: 9/10/2026
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2026 | Contingent | $595,000$636/sqft |
Source: | ||
| 9/10/2026 | Price change | $595,000-66%$636/sqft |
Source: | ||
| 6/18/2026 | Listed for sale | $1,750,000$1,870/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $377,258 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78957
Nearby schools
Schools provided by the listing agent
- Elementary: Smithville
- Middle: Smithville
- High: Smithville
- District: Smithville ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







