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$417,000

NAL Estimated Property Value

218 Wrangler Ln, Smithville, TX, 78957

Off MarketInfo
Baths0 Bath

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5 acres

Land Information

APNR83711
Lot Number126
SubdivisionS6366 - La Reata Ranch Sec 2
Land UseVacant Land
Legal DescriptionLA REATA RANCH SEC 2, LOT 126, ACRES 5.000
Census Tract950601
Assessed Land Value$230,000
Assessment Year2025

About this property

5 Magnificent Acres in Highly Sought-After La Reata Ranch! — Towering pines and ancient oaks provide an abundance of shade on this serene lot! Updated pictures taken so that you could see what it looks like in the summer. I've also left the winter time photos. This stunning property has all 4 corners visible. There is a fence on the back side with a walking path on the south and east sides. The west side borders the street, and the north side is bordered by another property. The pictures of the walking path are on the south side and back of the property. Absolutely beautiful! La Reata Ranch is a wonderful community and a short 30–35-minute drive from Tesla, COTA, and the Austin airport. Bastrop is just 10 minutes away. Bring your builder and make yourself at home among the lost pines of Bastrop County!

Investor Tools

Property Icon
$417,000
Estimated Property Value
$147,205Estimated Mortgage Balance
$269,910Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,502 /month
Positive
Cash Flow Estimate:
$834 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,496
$230,000
2025
$230,000
N/A
$230,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,496
$230,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Bastrop
Arm (Adjustable Rate Mortgage)
$149,250
No
First
Sep 24, 2024
Sep 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,205
$153,795
51%
35%
$1,089/mo

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.

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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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218 Wrangler Ln | Property Details | No Agent List