It sounds like you've found a remarkable piece of land on the Colorado River in Doty River Estates! With over 500 feet of river frontage and 16.541 acres, it offers plenty of space and a picturesque setting. The ag exemption is a nice bonus, and having two acres facing Mitchell St for potential home construction adds to its appeal. Having an available flood plain elevation certificate is crucial for understanding the property's flood risk and building requirements. Doty River Estates being a sought-after subdivision speaks to the desirability of the location, especially being so close to downtown Smithville, just about 2 miles away. It sounds like an excellent opportunity for anyone looking to build their dream home or invest in riverfront property in Central Texas.