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$50,000

305 Ross St, Smithville, TX, 78957

$65,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths0 Bath
Baths768 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 0Bathrooms 0

Exterior

Lot Size8,407 sqft

Building Information

Stories1

Land Information

APNR16078
Lot Number4
SubdivisionBurleson
Land UseResidential
Legal DescriptionBURLESON BLK 43 LOT 4
Census Tract950700
Assessed Land Value$57,336
Assessment Year2025

About this property

Build your dream home in the heart of Smithville on this beautiful residential lot located at 305 Ross Street. Offering approximately 0.19 acres, this level homesite is shaded by mature trees and provides the perfect opportunity to create a custom home while enjoying the charm and character of one of Central Texas' fastest-growing small towns. Conveniently located just minutes from historic downtown Smithville, you'll enjoy easy access to local restaurants, shopping, schools, parks, and community events while maintaining the privacy of an established neighborhood. Public water, public sewer, and electricity are available, helping simplify the building process and making this lot an excellent option for homeowners, builders, or investors. Surrounded by mature trees and offering a peaceful neighborhood setting, this property combines small-town living with convenient access to Bastrop, Austin-Bergstrom International Airport, Tesla, The Boring Company, and other major Central Texas employers. Whether you're looking to build your forever home, a rental property, or hold as an investment, this lot offers endless potential. Rare affordable lots inside Smithville city limits are becoming increasingly difficult to find. Don't miss your chance to secure a build-ready property in a growing community known for its historic charm, friendly atmosphere, and convenient location.

Investor Tools

Property Icon
$187,000
Estimated Property Value
$0Estimated Mortgage Balance
$187,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$65,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month

Interested in this property?

Jacqueline Short

All City Real Estate Ltd. Co

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,109
$57,336
2025
$57,336
N/A
$57,336
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,109
$57,336

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$187,000
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
10.4%

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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305 Ross St | Property Details | No Agent List