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$329,000

5612 HWY 71 E, Smithville, TX, 78957

$333,382 ARVInfo
On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,612 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.09 / sqft
Year BuiltBuilt in 1890

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDryer, Microwave, Range, Washer
FlooringCarpet, Linoleum, Wood

Exterior

Exterior FeaturesExterior Steps, Garden, Private Entrance, Private Yard

About this property

Situated on 3 acres with prime Highway 71 frontage, this late-1800s farmhouse offers a rare opportunity to restore a piece of Texas history while benefiting from key modern upgrades already in place. The approximately 1,600 sq ft home features a unique architectural design with a distinctive roofline, spacious layout, and original character throughout. Inside, you’ll find large living areas, high ceilings, and hidden potential—including original wood flooring beneath the living room carpet—ready to be brought back to life. Major improvements have already been completed, including a new metal roof (2020), HVAC system (2023), and spray foam attic insulation (2023)—providing a strong foundation for renovation while helping reduce future capital expenses. The property is well-equipped for country living and functionality, featuring two water wells (one servicing the home and one dedicated for gardening), a classic windmill, and four outbuildings offering ample storage, workshop space, or agricultural use. The land is mostly level and usable, with mature trees and open areas ideal for a variety of uses. With direct highway access and high visibility, this property presents excellent potential for commercial use, a live/work setup, or future development. Whether you’re a contractor, investor, or buyer with a vision for historic restoration, this property offers flexibility and upside that’s increasingly hard to find in Bastrop County. Additional value: Tractor, tiller, and mower are negotiable with the sale. Bring your vision and unlock the full potential of this one-of-a-kind property.

Investor Tools

$0Estimated Mortgage Balance
$329,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$333,382
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month

Interested in this property?

Christain Conner

All City Real Estate Ltd. Co

ContactContact

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Financing Details

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

City: Smithville

5612 HWY 71 E | Property Details | No Agent List