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$426,000

415 Young School House Rd, Smithville, TX, 78957

$553,800 ARVInfo
Off MarketInfo
Baths0 Bath
Baths2,000 Sq Ft
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0
CoolingCooling

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size8.18 acres

Building Information

Roof Type112

Land Information

APNR108603
SubdivisionAndrews, Micah
Land UseFarm/Ranch Single Family
Legal DescriptionABS A74 ANDREWS, MICAH,TRACT 2 FR,8.183 ACRES
Census Tract950601
Assessed Land Value$15,697
Assessed Improvement Value$200,780
Assessment Year2025

About this property

Build your dream home on this beautiful country land, less than 20 minutes from town! Current cattle lease expires January 1st, 2021. This is Tract 2, see survey in documents and photos. Enter at the pipe entrance. Tracts 3 and 4 are sold!Restrictions: Yes

Investor Tools

Property Icon
$426,000
Estimated Property Value
$644,850Estimated Mortgage Balance
$0Estimated Equity
-51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$553,800
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,556 /month
Positive
Cash Flow Estimate:
$852 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$442/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,172
$216,477
2025
$15,697
$200,780
$320,042
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,172
$216,477

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Bastrop
Conventional
$644,850
No
First
Feb 19, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$643,092
N/A
0%
151%
$4,076/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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415 Young School House Rd | Property Details | No Agent List