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$246,000

NAL Estimated Property Value

206 Bishop St, Smithville, TX, 78957

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths— Bath
Baths1,344 Sq Ft
OfficeOffice
price_per_sqft$1.12 / sqft
Year BuiltBuilt in 1928

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms —Bathrooms —
Garage AvailableGarage Available
FlooringCarpet, Ceramic Tile, Hardwood, Laminate

Exterior

Lot Size8,451 sqft

Building Information

Year Built1928
Stories1
Garage Spaces2

Land Information

APNR15919
Lot Number1
SubdivisionBurleson
Land UseResidential
Legal DescriptionBURLESON BLOCK 36, LOT 1
Census Tract950700
Assessed Land Value$36,676
Assessed Improvement Value$132,521
Assessment Year2025

About this property

This 2/2 home is ideal for offices and is zoned C3 - Commercial Highway District. Corner of Loop 230/Bishop gives this office space high visibility. This could also be used as a live / work space. Owner would consider a straight residential lease, for the most qualified applicant.

Investor Tools

Property Icon
$246,000
Estimated Property Value
$0Estimated Mortgage Balance
$246,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$350/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,972
$169,197
2025
$36,676
$132,521
$169,197
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,972
$169,197

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$274,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
N/A
+$1,626/mo
7.9%

City: Smithville

206 Bishop St | Property Details | No Agent List