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Days1057Days on Market
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$279,000

406 Live Oak St, Smithville, TX, 78957

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,105 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.49 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,492 sqft

Building Information

Year Built1920
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR17375
Lot Number8
SubdivisionS6880 - Mt Pleasant
Land UseResidential
Legal DescriptionMT PLEASANT BLK 20 LOT 8
Census Tract950700
Assessed Land Value$55,443
Assessed Improvement Value$229,557
Assessment Year2025

About this property

Beautifully restored with timeless charm, this 1920 home offers the perfect blend of historic character and modern comfort. Located on a quiet corner lot in Smithville's Mt. Pleasant neighborhood—affectionately known as "The Hill"—this charming 2-bedroom, 1.5-bath home offers 1,105 square feet on 0.172 acres, less than one mile from historic downtown Smithville and the Colorado River. Featuring authentic clapboard wood siding, original interior doors, built-in half bookcases, and classic architectural details, this home captures the craftsmanship of a bygone era while offering today's modern conveniences. Nearly every major system has been updated, including a 30-year composition roof with radiant barrier decking, professionally leveled pier-and-beam foundation, freeze-resistant PEX plumbing, double-pane windows, American Standard central HVAC, R-40 attic insulation, whole-home carbon and sediment water filtration system, new Rheem water heater, luxury vinyl plank flooring with new subflooring, and remodeled kitchen and baths. Inside, original character shines throughout the spacious living and dining rooms with built-in half bookcases and classic columns. The updated kitchen features quartz countertops, tile backsplash, GE appliances, garbage disposal, abundant cabinetry, and additional comfort from the Mitsubishi mini-split. The two bedrooms share a Jack-and-Jill bathroom with a beautifully tiled walk-in shower, plus a convenient half bath for guests. Enjoy thoughtfully landscaped grounds featuring a Tulip Poplar, Red Maple, Apple tree, Silverado Sage, and Autumn Sage. The detached carport includes a concrete driveway, storage/workshop with electricity, and a workbench. Experience the best of small-town living with Downtown Smithville, the Colorado River, parks, restaurants, and shopping all within walking / biking distance. City of Smithville utilities; and high-speed internet is already connected. Refrigerator, washer, dryer, and chicken coop do not convey.

Investor Tools

Property Icon
$285,000
Estimated Property Value
$287,878Estimated Mortgage Balance
$12,028Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

Interested in this property?

Rose Land

All City Real Estate Ltd. Co

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$375/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,076
$285,000
2025
$55,443
$229,557
$285,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,076
$285,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Bastrop
Conventional
$287,878
No
First
Sep 26, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,356
$21,644
7%
96%
$1,726/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,726/mo
$-100/mo
6.8%

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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406 Live Oak St | Property Details | No Agent List