Kestrel Bend - Bastrop County, Smithville, TX

If you’ve been looking for a weekend getaway property within 45 minutes of downtown Austin with TONS of Colorado River frontage, then this 80-acre property is for you! Kestrel Bend boasts 4,400 feet of prime Colorado River frontage and is located in the historic town of Smithville. Untouched for many decades, Kestrel Bend has recently been excavated and meticulously hand-cleared to create beautiful walking trails and striking river views throughout the property. Containing an ideal mix of pecans, oaks and other hardwoods, with coastal grass pastures and freshly cleared fields, Kestrel Bend offers a ranch-ready setting for a weekend getaway, horse farm, or recreational haven. The property’s topography has a blend of elevation changes throughout, which allows for building sites with stunning views, as well as at-grade river access for fishing, swimming or just relaxing on the banks. Accessed via a short, well-maintained gravel road off Highway 95 on the outskirts of Smithville, Kestrel Bend offers the perfect balance of seclusion and convenience. With essential amenities like restaurants, shops and gas just a minute away, you’ll have everything you need within easy reach. It has the exceptional versatility to be used as a personal ranch, or for agricultural (currently has an agricultural exemption), development or investment opportunities. Listed at approximately half the per acre price of river frontage properties in Bastrop, Kestrel Bend boasts significant upside appreciation potential as the Austin metroplex continues to expand. There are two water wells on the property, one of which was drilled in 2020 and tested at 300 gpm, along with electricity to the middle of the property. All pasture fencing for livestock is strategically located outside of the Colorado Rivers 100-year floodplain.