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$349,000

306 Anderson ST A & B, Smithville, TX, 78957

$374,716 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,408 Sq Ft
DuplexDuplex
price_per_sqft$144.93 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Refrigerator, Range Hood
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,407 sqft

Building Information

Year Built2002
Roof Type105
Garage Spaces2

Land Information

APNR89391
Lot Number4
SubdivisionBunte
Land UseResidential
Legal DescriptionBUNTE, BLK 18, LOT 4
Census Tract950700
Assessed Land Value$57,336
Assessed Improvement Value$187,636
Assessment Year2025

About this property

Two homes. One address. A smart investment either way. 306 Anderson sits at the end of a quiet cul-de-sac in Smithville — a two-story duplex offering 2,400 square feet across two mirrored units, each with 3 bedrooms, 2 baths, a garage, and a private fenced yard. That separation matters: these aren't cramped side-by-side apartments, they're two homes that happen to share a wall. One unit is leased and the other is on the market for lease, which means a buyer has options — sign a second tenant or move into one side and let the neighbor's rent handle a good chunk of the payment. The compact lot keeps maintenance low. The cul-de-sac keeps traffic away. And downtown Smithville, with its antique shops, cafés, and year-round events, is just minutes from your door. Rent roll and financials available upon request. Duplexes with this separation and setup rarely come available — schedule your showing today!

Investor Tools

$161,134Estimated Mortgage Balance
$256,866Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$374,716
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,508 /month
Positive
Cash Flow Estimate:
$836 /month

Interested in this property?

Becca Davis

Centum Oak Realty LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$626/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,428
$244,972
2025
$57,336
$187,636
$244,972
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,428
$244,972

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amp Lending
Conventional
$179,200
No
First
May 26, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,134
$256,866
61%
39%
$1,075/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.

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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306 Anderson ST A & B | Property Details | No Agent List