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$319,220

NAL Estimated Property Value

1408 Ne 8th St, Smithville, TX, 78957

$329,227 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,704 Sq Ft
price_per_sqft$176 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher

Exterior

Lot Size21,519 sqft

Building Information

Year Built1975
Stories1
Roof Type112
Garage Spaces2

Land Information

APNR18422
Lot Number4B
SubdivisionS7500 - Riverdale
Land UseResidential
Legal DescriptionRIVERDALE, BLOCK 1, LOT 4B, ACRES 0.494 (OUTLOT 7 LOT E 1/2 OF 6)
Census Tract950700
Assessed Land Value$133,846
Assessed Improvement Value$185,374
Assessment Year2025

About this property

Highly sought after .49 acre lot in desirable neighborhood in Smithville. Double lot fronts on NE 7th also. Lots of options with this large lot that has access to two streets. Huge pecan trees that look like they will have a bumber crop this year! Covered back porch, brick fireplace in the living room, Galley style kitchen and good sized rooms. Fenced back yard with storage building and covered carport on the back of the garage could also be covered patio but there is an additional large covered patio in the back as well as a covered patio on the front of the home.

Investor Tools

Property Icon
$319,220
Estimated Property Value
$279,735Estimated Mortgage Balance
$39,485Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$329,227
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,915 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,818
$319,220
2025
$133,846
$185,374
$319,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,818
$319,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Bastrop
Arm (Adjustable Rate Mortgage)
$280,000
No
First
Apr 22, 2026
Apr 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,735
$39,485
12%
88%
$1,725/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$1,725/mo
+$691/mo
9.1%

Learn About the Market: Opportunity in Texas

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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.

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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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1408 Ne 8th St | Property Details | No Agent List