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.