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$320,000

NAL Estimated Property Value

502 Short St, Smithville, TX, 78957

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,517 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$250.43 / sqft
Year BuiltBuilt in 1929

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

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

Exterior

Lot Size8,451 sqft

Building Information

Year Built1929
Stories1
Roof Type112
Garage Spaces1

Land Information

APNR22125
Lot Number3
SubdivisionBurleson
Land UseResidential
Legal DescriptionBURLESON, BLOCK 19, LOT 3
Census Tract950700
Assessed Land Value$57,549
Assessed Improvement Value$228,540
Assessment Year2025

About this property

Downtown Smithville Charmer! This meticulously maintained home is located in one of the best little towns in Central Texas. High ceilings and hardwood floors throughout. Bright and open living plan with flexible space. Two living areas and an additional bonus room currently used as an office. Recent upgrades include roof, exterior paint and HVAC. Move in ready with refrigerator, washer and dryer conveying. Massive covered back porch overlooking a lush backyard. Landscaped with native plants, grape vines and a fruit tree. Character and cuteness-this downtown charmer could be yours.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$0Estimated Mortgage Balance
$320,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,279 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$667/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,406
$286,089
2025
$57,549
$228,540
$286,089
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,406
$286,089

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$319,000
100%
0%
$0/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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502 Short St | Property Details | No Agent List