




$1,160,000
301 Main St, Smithville, TX, 78957
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About this property
Step into a rare opportunity to own a true landmark in the heart of Smithville—a charming and historic Texas town known for its cinematic appeal, including scenes from Hope Floats. Perfectly positioned within the thriving triangle of Houston, Austin, and San Antonio, this property offers both character and strategic location. Built in 1904 by master craftsmen, this striking brick building remains one of the tallest in Bastrop County—a testament to its enduring presence and architectural significance. Today, it blends historic charm with modern income potential. The upper floors feature four loft-style residences, currently generating rental income, with three recently remodeled to include updated electrical, plumbing, flooring and more. Freshly painted common areas and stairways enhance the inviting atmosphere. On the ground level, a spacious retail or commercial suite awaits your vision. Complete with two bathrooms and flexible space for a kitchen, office, or storefront, it’s ideal for entrepreneurs looking to live and work in one inspiring location.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Smithville
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