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$400,000

109 NE 2nd ST, Smithville, TX, 78957

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,968 Sq Ft
BusinessBusiness
price_per_sqft$203.25 / sqft
Year BuiltBuilt in 1910

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringConcrete

Exterior

Lot Size3,398 sqft

Land Information

APNR19880
Lot Number15
SubdivisionS7820 - Smithville Townsite
Land UseCommercial
Legal DescriptionSMITHVILLE TOWNSITE, BLOCK 42, LOT 15
Census Tract950700
Assessed Land Value$19,850
Assessed Improvement Value$351,493
Assessment Year2025

About this property

ZONED Central Business District (CBD) and located within the Commercial Historic District. HOPE FLOAT fans - this cafe was used in the movie as Honey's Diner! The single-story cafe is on the West side of the old Pines Hotel. Built in 1910, the cafe served hotel guests, visitors and the community. In 2010, the cafe was sold separate from the hotel building and was used for storage. In 2015 the cafe was sold and transformed into Honey's, which was a Pizzeria / Bar. This business closed in March 2024. The Pines Hotel is also available, see MLS# 9099600. Bring your investor / developer clients. Concept design plans for the old Pines Hotel are available, upon request. It's time for Honey's Diner and the Pines Hotel to be reunited and developed as one project.

Investor Tools

$0Estimated Mortgage Balance
$371,343Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Sheila Tamble

Tamble Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$371,343
2025
$19,850
$351,493
$371,343
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$371,343

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$371,343
100%
0%
$0/mo

City: Smithville

109 NE 2nd ST | Property Details | No Agent List