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A+
NoAgentList RatingHow are grades calculated? Info

$62,000

119 Spear Dr, Smithville, TX, 78957

$80,600 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths576 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$147.57 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
AppliancesElectric Cooktop
FlooringSee Remarks

Exterior

Private PoolPrivate Pool
Lot Size10,585 sqft

Building Information

Year Built1978

Land Information

APNR21289
Lot Number90
SubdivisionS6471 - Lake Thunderbird Sec 1
Land UseResidential
Legal DescriptionLAKE THUNDERBIRD SEC 1 LOT 90
Census Tract950602
Assessed Land Value$41,599
Assessed Improvement Value$14,398
Assessment Year2025

About this property

We are unaware of the condition of the septic tank. This listing is priced to include the additional (2) lots in the rear (LAKE THUNDERBIRD SEC 1 LOT 86 & 87) .23 acres. Totaling .47 acres included in the listing price plus utilities. 2 storage sheds 56 sq ft and 80 sq ft. Very few restrictions. Lake Thunderbird community has an amazing lake where homeowners can enjoy activities, such as fishing, picnicking and canoeing/kayaking. The lot features beautiful oaks trees for privacy from the neighbors. Close to the charming town of Smithville.

Investor Tools

Property Icon
$62,000
Estimated Property Value
$0Estimated Mortgage Balance
$62,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$80,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$510 /month
Positive
Cash Flow Estimate:
$170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$82/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$679
$55,997
2025
$41,599
$14,398
$55,997
No

Tax History

Year
Tax Paid
Assessed Value
2024
$679
$55,997

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$64,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Smithville

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119 Spear Dr | Property Details | No Agent List