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$499,000

121 Mechelle ST, Smithville, TX, 78957

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size1.51 acres

Land Information

APNR72491
SubdivisionDoty River Estates
Land UseAgriculture / Farming
Legal DescriptionDOTY RIVER ESTATES PARK, ACRES 1.515
Census Tract950700
Assessed Land Value$237
Assessment Year2025

About this property

Nearly 20 acres located between Bastrop and Smithville in the prestigious Doty River Estates, featuring approximately 1,900 feet of park-like Colorado River frontage. Towering cottonwood trees line the river, complemented by manicured coastal grasses that create a serene and picturesque setting. Spend your days launching a boat, fly fishing along the riverbank, hosting riverside barbecues on the sandbar, or riding horses through the water. This exceptional recreational retreat offers the perfect setting for creating unforgettable moments with family and friends. The property is AG exempt with remarkably low annual taxes of approximately $45. Deed restrictions are in place to preserve the quality and character of the estate community.

Investor Tools

$0Estimated Mortgage Balance
$237Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

Interested in this property?

Matthew Gruetzner

Keller Williams Brazos West

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$0/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1
$237
2025
$237
N/A
$171,218
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1
$237

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$237
100%
0%
$0/mo

City: Smithville

121 Mechelle ST | Property Details | No Agent List