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$175,000

204 NW NW 5th ST, Smithville, TX, 78957

$227,500 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,716 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.98 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling
AppliancesSee Remarks
FlooringSee Remarks, Vinyl

Exterior

Exterior FeaturesNone
Lot Size9,278 sqft

Building Information

Year Built1941
Stories1
Roof Type112

Land Information

APNR19049
Lot Number3
SubdivisionS7820 - Smithville Townsite
Land UseResidential
Legal DescriptionSMITHVILLE TOWNSITE, BLOCK 4, LOT 3 (FRONT) & 4 (FRONT)
Census Tract950700
Assessed Land Value$61,329
Assessed Improvement Value$98,397
Assessment Year2025

About this property

The classic profile of a single-story home welcomes you to this property situated on NW 5th St in Smithville, offering 1,716 square feet of interior living space on a 0.21-acre lot. This residence combines functional living spaces with a generous yard, creating an inviting atmosphere from the moment you arrive. Inside, the residence features three bedrooms and two full bathrooms. The floorplan spans across one story, providing a direct layout that maximizes the interior square footage. The home will need all flooring and interior paint updated to simply make it move in ready or to set up your next "rental" investment. The Home will need some Lipstick. :) Outside, the property occupies a 9,278-square-foot lot that offers space for outdoor activities and personal landscaping projects in a residential setting. Enjoy the Large Mature Pecans!!! The outdoor area provides a serene backdrop for daily living and relaxation. The property is situated only a couple blocks from a major brand grocery store, historic downtown, and numerous dining restaurants. Easy walk to Smithville local schools. It is also just a short walk to shore fishing on the Colorado River next to a public boat launch site. This Smithville home brings together practical design elements in an appealing location. Contact us today to schedule your private tour of this property.

Investor Tools

$49,343Estimated Mortgage Balance
$264,657Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$227,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,884 /month
Positive
Cash Flow Estimate:
$628 /month

Interested in this property?

Steve Edmonson

Lori Haring Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$419/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,459
$159,726
2025
$61,329
$98,397
$159,726
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,459
$159,726

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Bastrop
Stand Alone Second / Subordinate Position
$50,000
No
First
Nov 5, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$49,343
$264,657
84%
16%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$300/mo
+$1,788/mo
8.0%

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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