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$344,000

NAL Estimated Property Value

202 Felix Rd, Smithville, TX, 78957

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,264 Sq Ft
price_per_sqft$233.78 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDryer, Electric Range, Freezer, Microwave, Portable Dishwasher, Refrigerator, Washer

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Entrance, Private Yard
Lot Size8.57 acres

Building Information

Year Built2017
Roof Type112

Land Information

APNR20963
SubdivisionCottle, Sarah
Land UseResidential
Legal DescriptionA21 COTTLE, SARAH, ACRES 8.57
Census Tract950503
Assessed Land Value$175,208
Assessed Improvement Value$132,112
Assessment Year2025

About this property

Two roads diverged in a wood, and I ---I took the one less traveled by, ......."The Road Not Taken" (Robert Frost) This could be the place! 8.61 Acres of Beautiful Piney Woods of Bastrop! Gorgeous views from the hilltop overlooking the pond and loblolly pines! Nature surrounds the quaint and cozy (800+ sq. ft.) cabin with a wraparound porch for outdoor entertaining morning and night. Open floorplan with high ceiling, 2 lofts, wood burning stove, bedroom/bath separated by a pretty wood barn door with bed and large white "clawfoot" style tub! Windows all around for tons of natural light and magnificent views! French doors, track and recessed lighting with eclectic lighting (Roundtop style) in the living area! Water well! Watch out Chip and Joanna Gaines!!! This one is a beauty! 560 sq. ft. guest cabin in the back! Full kitchen, living and separate bedroom/bath! Nice! Also includes a small storage building that could be used for a shop. Wildlife exemption and property has approval again this year under the Lost Pines Houston Toad. Native plants and fruit trees. Owner has a green thumb! Beautiful gardens all around! Just down the road from Buescher State Park and the beautiful town of Smithville and Bastrop! Bring your bikes and kayaks!!!

Investor Tools

Property Icon
$344,000
Estimated Property Value
$186,629Estimated Mortgage Balance
$157,371Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,788
$307,320
2025
$175,208
$132,112
$307,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,788
$307,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$195,500
No
First
Nov 14, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,629
$172,371
48%
54%
$1,173/mo

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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202 Felix Rd | Property Details | No Agent List