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$438,000

NAL Estimated Property Value

121 Tree Top Ln, Smithville, TX, 78957

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,084 Sq Ft
price_per_sqft$186.66 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Free Standing Electric Range, Stainless Steel Appliances
FlooringCarpet, Tile

Exterior

Exterior FeaturesNone
Lot Size26,092 sqft

Building Information

Garage Spaces2

Land Information

APNR8719541
Lot Number6
SubdivisionAlum Creek Village Sec 2
Land UseResidential
Legal DescriptionALUM CREEK VILLAGE SEC 2 LOT 6, 0.599 ACRES
Census Tract950503
Assessed Land Value$84,513
Assessed Improvement Value$342,946
Assessment Year2025

About this property

Come enjoy country living with the proximity of the city life here. This spacious 3 bedroom and 2 and a half bathroom home offers plenty of storage with it's tall kitchen cabinets, linen closets, walk-in closets, and pantry. Entertain your guests with your wood-burning fireplace and in your backyard from your covered back porch that sits on a little over half and acre. With close proximity to the city, you can enjoy the many outdoor and indoor activities Bastrop or Smithville have to offer. There is quick access to a major highway that puts you about 30 minutes from the airport in Austin. This rustic and industrial inspired home will give you the feel of living in a small town, but not too far away from the city. You can also save with a low tax rate of 1.7 and no HOA fees.

Investor Tools

Property Icon
$438,000
Estimated Property Value
$350,374Estimated Mortgage Balance
$88,241Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,628 /month
Positive
Cash Flow Estimate:
$876 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$703/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$427,459
2025
$84,513
$342,946
$427,459
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$427,459

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Centennial Mortgage Co
Conventional
$373,350
No
First
Dec 20, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,374
$77,085
18%
80%
$2,239/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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121 Tree Top Ln | Property Details | No Agent List