663 SH 230 Loop, Smithville, TX 78957 - Bastrop County

Rare and exceptional riverfront opportunity 31 acres with approximately 2,300 feet of coveted Colorado River frontage in booming Bastrop County, located just outside historic Smithville and a short, scenic drive from Austin. The Colorado River is one of Central Texas most desirable waterways wide, meandering, and perfect for boating, fishing, kayaking, tubing, and swimming. This property offers a gently sloping riverbank and a rare sandy beach area that provides effortless water access and an ideal place to launch kayaks, park a boat, or create a private riverside gathering spot.

Thoughtfully positioned with multiple elevated build sites, the tract delivers outstanding flexibility for both private and commercial visions. There are no deed restrictions, so imagine an RV resort or glamping community that captures weekend visitors from Austin, a boutique hospitality development or riverfront cabins for short-term rental revenue, an event venue for weddings and corporate retreats, or an exclusive private ranch retreat with miles of river frontage for family and friends. The combination of size, shoreline, and location opens creative development pathways few properties can match.

Practical improvements and development-ready features are already in place: a high-producing water well supplies dependable water, septic permits are on file to streamline permitting, and the property sits within easy reach of city water and sewer for future expansion. Access is solid a commercial driveway easement from Highway 95/Loop 230 gives convenient ingress and visibility for guests or customers. Uniquely, the tract sits adjacent to an airport/runway, increasing appeal for destination projects or aviation-minded buyers who want fly-in capability or a boutique airpark-adjacent experience.

Financially attractive carrying costs are supported by a wildlife exemption, helping keep taxes low, and owner financing may be available to qualified buyers, broadening the pool of potential investors. Whether youre a developer, hospitality operator, investor, or buyer seeking a once-in-a-generation private riverfront estate, this 31-acre Colorado River property represents a rare, high-value opportunity in one of Texas fastest-growing counties. Tracts with this much frontage, this degree of access, and this level of development flexibility so close to Austin are virtually impossible to find. Contact us today to explore the possibilities and schedule a private showing.