Last 24 Hours
$625,000
202 Ne 2nd St, Smithville, TX, 78957
On Market
Commercial
— Beds
— Bath
10,510 Sq Ft
Business
$59.47 / sqft
Built in 1952Highlights
Interior
Bedrooms —
Bathrooms —FlooringCarpet, Tile
Exterior
Lot Size7,754 sqft
Building Information
Stories1
Land Information
APNR19979
Lot Number12
SubdivisionS7820 - Smithville Townsite
Land UseCommercial
Legal DescriptionSMITHVILLE TOWNSITE, BLOCK 44, LOT 12
Census Tract950700
Assessed Land Value$37,718
Assessed Improvement Value$492,282
Assessment Year2025
About this property
REDEVELOPMENT OPPORTUNITY: Approximately 0.564 acre, 10,510 ft2 building, Zoned Central Business District (CBD), one block from Main St. The City completed a major drainage / street / sidewalk project in this area in 2025. Prior uses: funeral home / flower & gift shop, livery and stables. Under the document tab: tax map showing ALL of the property that is part of this sale - highlighted in YELLOW and the current survey. See Exhibit A for the Legal Description of all parcels involved in this sale. History of the property from the Smithville Then and Now book by Valerie Kite Johnson
Investor Tools
$0Estimated Mortgage Balance
$530,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month
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Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,075/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,248
$530,000
2025
$37,718
$492,282
$530,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$10,248
$530,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$530,000
100%
0%
$0/mo
12.4%