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$282,118

NAL Estimated Property Value

308 Lee St, Smithville, TX, 78957

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths928 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$364.22 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size8,407 sqft

Building Information

Year Built1935
Roof Type112

Land Information

APNR19016
Lot Number10
SubdivisionS7820 - Smithville Townsite
Land UseResidential
Legal DescriptionSMITHVILLE TOWNSITE, BLOCK 82, LOT 10
Census Tract950700
Assessed Land Value$57,336
Assessed Improvement Value$224,782
Assessment Year2025

About this property

Beautiful Smithville Texas! Fantastic 2 bedroom and 2 bath farm house! Moved from Austin to Smithville. TOTAL remodel by craftsman! Beautiful wood floors and ceiling. New windows throughout! Sliding barn door. Antique doors throughout that have been hand sanded and stained. Kitchen has tile floors and a beautiful stainless appliance package! Interior walls, electrical work, and installation are high end. Lighting from Round Top Antique show! Full front and back porch. Container garden in yard! One of a kind. Artist paradise!!!!!!

Investor Tools

Property Icon
$282,118
Estimated Property Value
$242,239Estimated Mortgage Balance
$40,328Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,145
$282,118
2025
$57,336
$224,782
$282,118
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,145
$282,118

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frontier Bank Of Texas
Purchase Money Mortgage
$243,100
No
First
Nov 24, 2021
Nov 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,239
$39,879
14%
86%
$1,578/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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308 Lee St | Property Details | No Agent List