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$849,938

401 Main St, Smithville, TX, 78957

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths5,211 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$431.78 / sqft
Year BuiltBuilt in 1887

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesBuilt-In Gas Oven, Built-In Range, Built-In Refrigerator, Dishwasher, Disposal, Exhaust Fan, Microwave, Double Oven
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Garden, Private Yard
Lot Size33,846 sqft

Building Information

Year Built1887
Stories1
Garage Spaces1

Land Information

APNR19169
Lot Number5-8
SubdivisionS7820 - Smithville Townsite
Land UseResidential
Legal DescriptionS7820 - SMITHVILLE TOWNSITE BLK 13, LOTS 5 THRU 8
Census Tract950700
Assessed Land Value$101,877
Assessed Improvement Value$748,061
Assessment Year2025

About this property

Dating back to 1887 and proudly listed on the Historic Register acquired from the original owner's descendants, spans three lots facing Main Street within the enchanting Smithville Historic District. What sets this residence apart is its rare zoning, allowing for commercial use, historic preservation, and residential occupancy, offering a unique canvas for various possibilities. The property has undergone meticulous renovations to seamlessly integrate modern amenities while preserving its historical charm. Recent upgrades include repointed and reinforced pier and beam foundations, a new sewer line, gas connections, and entirely replaced plumbing, electrical, and mechanical systems, ensuring optimal functionality. With its smart-design HVAC, four AC units, and energy efficient LED lighting, comfort is paramount in every season. The exterior of this historic home boasts rare 19” wide columns, sweeping verandas, wood Dutch lap siding, and meticulously refurbished original windows, some with hand-blown glass. The lush surroundings feature magnolia trees, Charleston-style shutters, and lawns re-sodded with St. Augustine grass. The courtyard fences, designed to be Jack Russell-proof, stand on concrete foundations adorned with climbing roses. The property's numerous trees are healthy and have been inspected by a certified arborist. Inside, historic materials, such as reclaimed shiplap and bead board, seamlessly merge with modern elements. Custom-built cabinetry and quartz countertops showcase the commitment to quality. The grand oval stair with a keyhole feature, soaring ceilings, and new hardwood and luxury vinyl flooring contribute to the interior's spacious feel. Modern comforts abound, including an LG HE washer-dryer set, Bosch appliances in the kitchen, and LED lighting throughout. This residence seamlessly combines the best of both worlds, offering a chance to own a piece of Smithville's history while indulging in the conveniences of contemporary living.

Investor Tools

Property Icon
$849,938
Estimated Property Value
$1,480,000Estimated Mortgage Balance
$0Estimated Equity
-74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,500 /month
Positive
Cash Flow Estimate:
$4,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,734/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,564
$849,938
2025
$101,877
$748,061
$849,938
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,564
$849,938

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First Nat Bank Of Bastrop
Commercial
$1,480,000
No
First
Oct 29, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,457,003
N/A
0%
171%
$9,837/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$9,837/mo
$-7,421/mo
3.4%

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.

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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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401 Main St | Property Details | No Agent List