302 Washington St · Smithville, TX 78957

$99,000

2 bd · 1.0 ba · 998 sqft · SingleFamily public records · 195 Days on market

Built 1958 8,407 sqft lot $99/sqft · 51% below area

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.7/10.0
• ARV discount +7.5/15.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming Slice of Texas History: 2-Bedroom Farmhouse Shell with Movie-Star Pedigree Nestled in Smithville, this 2-bedroom, 1-bathroom farmhouse shell is a rare opportunity to create your dream home from the ground up. Blending vintage charm with new exterior upgrades, this blank canvas is ready for your vision. Freshly painted white siding, a cheerful red door, and a brand-new metal roof set the stage. A newly built front porch and stairs welcome you in—perfect for enjoying morning coffee or evening sunsets. Featured as a main character’s home in The Long Game, this house carries a unique cinematic story. Inside, the character is already intact: soaring ceilings, natural light, original wood-framed windows, and real wood floors give it soul. Though HVAC, plumbing, and electrical still need installation, the bones are strong, and the pier-and-beam foundation offers flexibility for renovations. Design your dream kitchen, add a third bedroom, or create a cozy den. Whether you're an experienced renovator, DIY enthusiast, or creative homeowner, this shell offers full freedom to design every detail. Ideal for: * DIYers ready to build equity * Investors seeking value-add opportunity * Vintage home lovers wanting original charm * Fans of The Long Game looking to own film history With brand-new exterior upgrades, timeless interior features, and movie-worthy charm, this home is ready for transformation. Come see the potential—and start writing your own story here.

Key facts

• Cheerful red door
• Soaring ceilings
• Brand-new metal roof

Tags

• NEW EXTERIOR UPGRADES
• FRESHLY PAINTED WHITE SIDING
• CHEERFUL RED DOOR
• BRAND-NEW METAL ROOF
• NEWLY BUILT FRONT PORCH
• SOARING CEILINGS

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $99k.

Deal economics

• At list price, monthly cash flow is $400 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $99k).
• Recommended offer: $87k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.1% vs local median 3.0% in Smithville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 67/100 on livability (#577 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D, amenities F, commute F.
• Smithville ISD (town): math 42% / reading 42% proficiency, ranked #333 of 826 in TX (top 40%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 250 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,841 units permitted in Bastrop County in 2024 (150 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $684 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Bastrop County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 195 days — a 12% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 11y ago; this cycle's ask has dropped $26k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk; severe wind risk, 92% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $87,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 195 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.47% ✓
• Cap rate: 11.14%
• Cash-on-cash: 17.32%
• DSCR: 1.77
• GRM: 5.7

CMA / ARV

• ARV (median comp): $222,143
• List price: $99,000
• Delta: -55.43%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
302 Washington St	0.00mi	2/1.0	1,100 (+10%)	1mo	$99,000	$90	82
503 Hill St	0.21mi	3/1.0 (+1)	904 (-9%)	3mo	$135,000	$149	67
502 Walker St	0.19mi	2/1.0	1,060 (+6%)	18mo	$229,000	$216	66
238 Highway 95 S	0.36mi	3/1.0 (+1)	956 (-4%)	14mo	$169,999	$178	60
300 Eagleston St	0.59mi	3/1.0 (+1)	900 (-10%)	9mo	$170,000	$189	44
305 Byrne St	0.73mi	2/1.0	1,064 (+7%)	14mo	$275,000	$258	43
102 East St	0.55mi	3/2.0 (+1)	1,142 (+14%)	22mo	$279,900	$245	23

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 8.7%
• Equity multiple: 1.34×
• Total profit: $9,504
• Equity at exit: $14,761

10-year hold

• IRR: 18.0%
• Equity multiple: 2.49×
• Total profit: $41,340
• Equity at exit: $8,560

Cash invested: $27,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 78957

• Home prices YoY: -22.3%
• Active inventory: 250
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $1,453 high
• Mortgage (P&I): −$519
• Tax from tax record: −$187 /mo · $2,243/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$305
• Net cashflow: $400

Break-even live

Break-even rent $946

Max offer price $99,000

Occupancy floor 67%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
205 2nd Ave Apt 2 Smithville, TX	2.0	1.0	840	$1,175	$1.40	43d	1	0.69mi
809 Burleson St Smithville, TX	2.0	1.0	1074	$1,350	$1.26	43d	1	0.76mi
801 Bishop St Smithville, TX	2.0	1.0	1050	$1,550	$1.48	43d	1	0.84mi
801 Bishop St Smithville, TX	1.0	1.0	850	$1,250	$1.47	19d	1	0.84mi
505 Colorado St Smithville, TX	3.0	2.0	1114	$1,990	$1.79	7d	1	0.86mi

Listing history 16 events

1. 2026-05-13
   status Pending 1504-char remark

   Show marketing remark (1504 chars)

   Charming Slice of Texas History: 2-Bedroom Farmhouse Shell with Movie-Star Pedigree Nestled in Smithville, this 2-bedroom, 1-bathroom farmhouse shell is a rare opportunity to create your dream home from the ground up. Blending vintage charm with new exterior upgrades, this blank canvas is ready for your vision. Freshly painted white siding, a cheerful red door, and a brand-new metal roof set the stage. A newly built front porch and stairs welcome you in—perfect for enjoying morning coffee or evening sunsets. Featured as a main character’s home in The Long Game, this house carries a unique cinematic story. Inside, the character is already intact: soaring ceilings, natural light, original wood-framed windows, and real wood floors give it soul. Though HVAC, plumbing, and electrical still need installation, the bones are strong, and the pier-and-beam foundation offers flexibility for renovations. Design your dream kitchen, add a third bedroom, or create a cozy den. Whether you're an experienced renovator, DIY enthusiast, or creative homeowner, this shell offers full freedom to design every detail. Ideal for: * DIYers ready to build equity * Investors seeking value-add opportunity * Vintage home lovers wanting original charm * Fans of The Long Game looking to own film history With brand-new exterior upgrades, timeless interior features, and movie-worthy charm, this home is ready for transformation. Come see the potential—and start writing your own story here.

2. 2026-05-06
   price $99,000 1504-char remark

   Show marketing remark (1504 chars)

   Charming Slice of Texas History: 2-Bedroom Farmhouse Shell with Movie-Star Pedigree Nestled in Smithville, this 2-bedroom, 1-bathroom farmhouse shell is a rare opportunity to create your dream home from the ground up. Blending vintage charm with new exterior upgrades, this blank canvas is ready for your vision. Freshly painted white siding, a cheerful red door, and a brand-new metal roof set the stage. A newly built front porch and stairs welcome you in—perfect for enjoying morning coffee or evening sunsets. Featured as a main character’s home in The Long Game, this house carries a unique cinematic story. Inside, the character is already intact: soaring ceilings, natural light, original wood-framed windows, and real wood floors give it soul. Though HVAC, plumbing, and electrical still need installation, the bones are strong, and the pier-and-beam foundation offers flexibility for renovations. Design your dream kitchen, add a third bedroom, or create a cozy den. Whether you're an experienced renovator, DIY enthusiast, or creative homeowner, this shell offers full freedom to design every detail. Ideal for: * DIYers ready to build equity * Investors seeking value-add opportunity * Vintage home lovers wanting original charm * Fans of The Long Game looking to own film history With brand-new exterior upgrades, timeless interior features, and movie-worthy charm, this home is ready for transformation. Come see the potential—and start writing your own story here.

3. 2026-04-09
   price $105,000 1504-char remark

   Show marketing remark (1504 chars)

   Charming Slice of Texas History: 2-Bedroom Farmhouse Shell with Movie-Star Pedigree Nestled in Smithville, this 2-bedroom, 1-bathroom farmhouse shell is a rare opportunity to create your dream home from the ground up. Blending vintage charm with new exterior upgrades, this blank canvas is ready for your vision. Freshly painted white siding, a cheerful red door, and a brand-new metal roof set the stage. A newly built front porch and stairs welcome you in—perfect for enjoying morning coffee or evening sunsets. Featured as a main character’s home in The Long Game, this house carries a unique cinematic story. Inside, the character is already intact: soaring ceilings, natural light, original wood-framed windows, and real wood floors give it soul. Though HVAC, plumbing, and electrical still need installation, the bones are strong, and the pier-and-beam foundation offers flexibility for renovations. Design your dream kitchen, add a third bedroom, or create a cozy den. Whether you're an experienced renovator, DIY enthusiast, or creative homeowner, this shell offers full freedom to design every detail. Ideal for: * DIYers ready to build equity * Investors seeking value-add opportunity * Vintage home lovers wanting original charm * Fans of The Long Game looking to own film history With brand-new exterior upgrades, timeless interior features, and movie-worthy charm, this home is ready for transformation. Come see the potential—and start writing your own story here.

4. 2026-02-19
   price $110,000 1504-char remark

   Show marketing remark (1504 chars)

   Charming Slice of Texas History: 2-Bedroom Farmhouse Shell with Movie-Star Pedigree Nestled in Smithville, this 2-bedroom, 1-bathroom farmhouse shell is a rare opportunity to create your dream home from the ground up. Blending vintage charm with new exterior upgrades, this blank canvas is ready for your vision. Freshly painted white siding, a cheerful red door, and a brand-new metal roof set the stage. A newly built front porch and stairs welcome you in—perfect for enjoying morning coffee or evening sunsets. Featured as a main character’s home in The Long Game, this house carries a unique cinematic story. Inside, the character is already intact: soaring ceilings, natural light, original wood-framed windows, and real wood floors give it soul. Though HVAC, plumbing, and electrical still need installation, the bones are strong, and the pier-and-beam foundation offers flexibility for renovations. Design your dream kitchen, add a third bedroom, or create a cozy den. Whether you're an experienced renovator, DIY enthusiast, or creative homeowner, this shell offers full freedom to design every detail. Ideal for: * DIYers ready to build equity * Investors seeking value-add opportunity * Vintage home lovers wanting original charm * Fans of The Long Game looking to own film history With brand-new exterior upgrades, timeless interior features, and movie-worthy charm, this home is ready for transformation. Come see the potential—and start writing your own story here.

5. 2026-01-20
   price $115,000 1504-char remark

   Show marketing remark (1504 chars)

   Charming Slice of Texas History: 2-Bedroom Farmhouse Shell with Movie-Star Pedigree Nestled in Smithville, this 2-bedroom, 1-bathroom farmhouse shell is a rare opportunity to create your dream home from the ground up. Blending vintage charm with new exterior upgrades, this blank canvas is ready for your vision. Freshly painted white siding, a cheerful red door, and a brand-new metal roof set the stage. A newly built front porch and stairs welcome you in—perfect for enjoying morning coffee or evening sunsets. Featured as a main character’s home in The Long Game, this house carries a unique cinematic story. Inside, the character is already intact: soaring ceilings, natural light, original wood-framed windows, and real wood floors give it soul. Though HVAC, plumbing, and electrical still need installation, the bones are strong, and the pier-and-beam foundation offers flexibility for renovations. Design your dream kitchen, add a third bedroom, or create a cozy den. Whether you're an experienced renovator, DIY enthusiast, or creative homeowner, this shell offers full freedom to design every detail. Ideal for: * DIYers ready to build equity * Investors seeking value-add opportunity * Vintage home lovers wanting original charm * Fans of The Long Game looking to own film history With brand-new exterior upgrades, timeless interior features, and movie-worthy charm, this home is ready for transformation. Come see the potential—and start writing your own story here.

6. 2026-01-19
   price $120,000 1504-char remark

   Show marketing remark (1504 chars)

   Charming Slice of Texas History: 2-Bedroom Farmhouse Shell with Movie-Star Pedigree Nestled in Smithville, this 2-bedroom, 1-bathroom farmhouse shell is a rare opportunity to create your dream home from the ground up. Blending vintage charm with new exterior upgrades, this blank canvas is ready for your vision. Freshly painted white siding, a cheerful red door, and a brand-new metal roof set the stage. A newly built front porch and stairs welcome you in—perfect for enjoying morning coffee or evening sunsets. Featured as a main character’s home in The Long Game, this house carries a unique cinematic story. Inside, the character is already intact: soaring ceilings, natural light, original wood-framed windows, and real wood floors give it soul. Though HVAC, plumbing, and electrical still need installation, the bones are strong, and the pier-and-beam foundation offers flexibility for renovations. Design your dream kitchen, add a third bedroom, or create a cozy den. Whether you're an experienced renovator, DIY enthusiast, or creative homeowner, this shell offers full freedom to design every detail. Ideal for: * DIYers ready to build equity * Investors seeking value-add opportunity * Vintage home lovers wanting original charm * Fans of The Long Game looking to own film history With brand-new exterior upgrades, timeless interior features, and movie-worthy charm, this home is ready for transformation. Come see the potential—and start writing your own story here.

7. 2025-12-05
   status Active 1504-char remark

   Show marketing remark (1504 chars)

   Charming Slice of Texas History: 2-Bedroom Farmhouse Shell with Movie-Star Pedigree Nestled in Smithville, this 2-bedroom, 1-bathroom farmhouse shell is a rare opportunity to create your dream home from the ground up. Blending vintage charm with new exterior upgrades, this blank canvas is ready for your vision. Freshly painted white siding, a cheerful red door, and a brand-new metal roof set the stage. A newly built front porch and stairs welcome you in—perfect for enjoying morning coffee or evening sunsets. Featured as a main character’s home in The Long Game, this house carries a unique cinematic story. Inside, the character is already intact: soaring ceilings, natural light, original wood-framed windows, and real wood floors give it soul. Though HVAC, plumbing, and electrical still need installation, the bones are strong, and the pier-and-beam foundation offers flexibility for renovations. Design your dream kitchen, add a third bedroom, or create a cozy den. Whether you're an experienced renovator, DIY enthusiast, or creative homeowner, this shell offers full freedom to design every detail. Ideal for: * DIYers ready to build equity * Investors seeking value-add opportunity * Vintage home lovers wanting original charm * Fans of The Long Game looking to own film history With brand-new exterior upgrades, timeless interior features, and movie-worthy charm, this home is ready for transformation. Come see the potential—and start writing your own story here.

8. 2025-11-04
   status Pending 1504-char remark

   Show marketing remark (1504 chars)

   Charming Slice of Texas History: 2-Bedroom Farmhouse Shell with Movie-Star Pedigree Nestled in Smithville, this 2-bedroom, 1-bathroom farmhouse shell is a rare opportunity to create your dream home from the ground up. Blending vintage charm with new exterior upgrades, this blank canvas is ready for your vision. Freshly painted white siding, a cheerful red door, and a brand-new metal roof set the stage. A newly built front porch and stairs welcome you in—perfect for enjoying morning coffee or evening sunsets. Featured as a main character’s home in The Long Game, this house carries a unique cinematic story. Inside, the character is already intact: soaring ceilings, natural light, original wood-framed windows, and real wood floors give it soul. Though HVAC, plumbing, and electrical still need installation, the bones are strong, and the pier-and-beam foundation offers flexibility for renovations. Design your dream kitchen, add a third bedroom, or create a cozy den. Whether you're an experienced renovator, DIY enthusiast, or creative homeowner, this shell offers full freedom to design every detail. Ideal for: * DIYers ready to build equity * Investors seeking value-add opportunity * Vintage home lovers wanting original charm * Fans of The Long Game looking to own film history With brand-new exterior upgrades, timeless interior features, and movie-worthy charm, this home is ready for transformation. Come see the potential—and start writing your own story here.

9. 2025-10-05
   status Active 1504-char remark

   Show marketing remark (1504 chars)

   Charming Slice of Texas History: 2-Bedroom Farmhouse Shell with Movie-Star Pedigree Nestled in Smithville, this 2-bedroom, 1-bathroom farmhouse shell is a rare opportunity to create your dream home from the ground up. Blending vintage charm with new exterior upgrades, this blank canvas is ready for your vision. Freshly painted white siding, a cheerful red door, and a brand-new metal roof set the stage. A newly built front porch and stairs welcome you in—perfect for enjoying morning coffee or evening sunsets. Featured as a main character’s home in The Long Game, this house carries a unique cinematic story. Inside, the character is already intact: soaring ceilings, natural light, original wood-framed windows, and real wood floors give it soul. Though HVAC, plumbing, and electrical still need installation, the bones are strong, and the pier-and-beam foundation offers flexibility for renovations. Design your dream kitchen, add a third bedroom, or create a cozy den. Whether you're an experienced renovator, DIY enthusiast, or creative homeowner, this shell offers full freedom to design every detail. Ideal for: * DIYers ready to build equity * Investors seeking value-add opportunity * Vintage home lovers wanting original charm * Fans of The Long Game looking to own film history With brand-new exterior upgrades, timeless interior features, and movie-worthy charm, this home is ready for transformation. Come see the potential—and start writing your own story here.

10. 2025-09-19
    status Pending 1504-char remark

    Show marketing remark (1504 chars)

    Charming Slice of Texas History: 2-Bedroom Farmhouse Shell with Movie-Star Pedigree Nestled in Smithville, this 2-bedroom, 1-bathroom farmhouse shell is a rare opportunity to create your dream home from the ground up. Blending vintage charm with new exterior upgrades, this blank canvas is ready for your vision. Freshly painted white siding, a cheerful red door, and a brand-new metal roof set the stage. A newly built front porch and stairs welcome you in—perfect for enjoying morning coffee or evening sunsets. Featured as a main character’s home in The Long Game, this house carries a unique cinematic story. Inside, the character is already intact: soaring ceilings, natural light, original wood-framed windows, and real wood floors give it soul. Though HVAC, plumbing, and electrical still need installation, the bones are strong, and the pier-and-beam foundation offers flexibility for renovations. Design your dream kitchen, add a third bedroom, or create a cozy den. Whether you're an experienced renovator, DIY enthusiast, or creative homeowner, this shell offers full freedom to design every detail. Ideal for: * DIYers ready to build equity * Investors seeking value-add opportunity * Vintage home lovers wanting original charm * Fans of The Long Game looking to own film history With brand-new exterior upgrades, timeless interior features, and movie-worthy charm, this home is ready for transformation. Come see the potential—and start writing your own story here.

11. 2025-09-13
    listed $125,000 Active 1504-char remark

    Show marketing remark (1504 chars)

    Charming Slice of Texas History: 2-Bedroom Farmhouse Shell with Movie-Star Pedigree Nestled in Smithville, this 2-bedroom, 1-bathroom farmhouse shell is a rare opportunity to create your dream home from the ground up. Blending vintage charm with new exterior upgrades, this blank canvas is ready for your vision. Freshly painted white siding, a cheerful red door, and a brand-new metal roof set the stage. A newly built front porch and stairs welcome you in—perfect for enjoying morning coffee or evening sunsets. Featured as a main character’s home in The Long Game, this house carries a unique cinematic story. Inside, the character is already intact: soaring ceilings, natural light, original wood-framed windows, and real wood floors give it soul. Though HVAC, plumbing, and electrical still need installation, the bones are strong, and the pier-and-beam foundation offers flexibility for renovations. Design your dream kitchen, add a third bedroom, or create a cozy den. Whether you're an experienced renovator, DIY enthusiast, or creative homeowner, this shell offers full freedom to design every detail. Ideal for: * DIYers ready to build equity * Investors seeking value-add opportunity * Vintage home lovers wanting original charm * Fans of The Long Game looking to own film history With brand-new exterior upgrades, timeless interior features, and movie-worthy charm, this home is ready for transformation. Come see the potential—and start writing your own story here.

12. 2015-10-09
    soldstatus
13. 2015-10-08
    soldstatus Sold 188-char remark

    Show marketing remark (188 chars)

    11 foot ceilings, wood floors, house needs remodeling, but has a lot of potential. large rooms, nice foyer. carpet over most wood so not sure of condition. FEMA - Unknown Restrictions: Yes

14. 2015-08-28
    status Pending - Taking Backups 188-char remark

    Show marketing remark (188 chars)

    11 foot ceilings, wood floors, house needs remodeling, but has a lot of potential. large rooms, nice foyer. carpet over most wood so not sure of condition. FEMA - Unknown Restrictions: Yes

15. 2015-05-29
    listed $65,000 Active 188-char remark

    Show marketing remark (188 chars)

    11 foot ceilings, wood floors, house needs remodeling, but has a lot of potential. large rooms, nice foyer. carpet over most wood so not sure of condition. FEMA - Unknown Restrictions: Yes

16. 2014-03-07
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $2,243 · $187/mo
• Projected year-2 tax: $2,243 · $187/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 67% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 22 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 92% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,430
• − Mortgage interest: −$5,546
• − Property taxes: −$2,243
• − Insurance: −$495
• − Repairs & maintenance: −$1,394
• − Management: −$1,394
• − Depreciation: −$2,880
• Taxable income: $3,478
• Est. tax owed @ 24.0%: −$835
• After-tax cash flow: $3,967/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Smithville ISD
• NCES district ID: 4840550
• Math proficiency: 42% ▼ -2.00%
• Reading proficiency: 42% ▼ -4.00%
• Median HH income: $48,794
• Composite: 36.04/100
• National rank: #4776
• State rank: #333 of 826 in TX

Livability — Smithville

• Score: 67/100
• State rank: #577
• US rank: #11003

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment C Housing A+ Health & safety F User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Smithville, TX
• Population (ZIP): 10,282

Population outlook (Bastrop County) Hauer SSP2

• Today (2025): 94,260 people
• By 2030: 101,355 · +7.5%
• By 2040: 115,578 · +22.6%
• By 2050: 129,464 · +37.3%
• By 2075: 168,068 · +78.3%
• By 2100: 194,857 · +106.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 21% Two or more races 19% Black 8%
• Hispanic origin (detail): Mexican 18%
• Common ancestry: Slovak 4% Iranian 2% Serbian 1%
• Foreign-born: 8% · Canada
• Languages at home: 86% English-only · Spanish 13%

Political lean MEDSL · Bastrop

• 2024 margin: R (+18.4) · D 40.2% · R 58.6% · Other 1.2%
• 2008→2024 swing: -10.2pp toward R · 2008: -8.2pp · 2024: -18.4pp
• All cycles: 2024: R+18.4 2020: R+13.8 2016: R+20.4 2012: R+17.0 2008: R+8.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -79.22%
• Current HPI: 275.3765
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+52.3% since first listed

16 events — show timeline

• 2026-05-13 Pending — Unlock MLS
• 2026-05-06 Price Changed $99,000 Unlock MLS
• 2026-04-09 Price Changed $105,000 Unlock MLS
• 2026-02-19 Price Changed $110,000 Unlock MLS
• 2026-01-20 Price Changed $115,000 Unlock MLS
• 2026-01-19 Price Changed $120,000 Unlock MLS
• 2025-12-05 Relisted — Unlock MLS
• 2025-11-04 Pending — Unlock MLS
• 2025-10-05 Relisted — Unlock MLS
• 2025-09-19 Pending — Unlock MLS
• 2025-09-13 Listed $125,000 Unlock MLS
• 2015-10-09 Sold (Public Records) — Public Records
• 2015-10-08 Sold (MLS) — Unlock MLS
• 2015-08-28 Pending — Unlock MLS
• 2015-05-29 Listed $65,000 Unlock MLS
• 2014-03-07 Sold (Public Records) — Public Records

Property tax history

+3.8%/yr

Latest (2025): $2,243 · +2.5% YoY. Source: county tax records.