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$3,880,000

2496 Highway 304, Smithville, TX, 78957

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths9,400 Sq Ft
price_per_sqft$412.77 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size60.59 acres

Building Information

Stories1

Land Information

APNR129679
SubdivisionEastland, Wm M
Land UseResidential
Legal DescriptionA157 EASTLAND, WM. M., ACRES 60.593
Census Tract950601
Assessed Land Value$8,810
Assessed Improvement Value$546,677
Assessment Year2026

About this property

Rare 88-acre property with Highway 304 frontage south of Bastrop, offering a unique combination of acreage, substantial improvements, and significant infrastructure. Located in an area experiencing rapid growth and development, with convenient access to Bastrop and proximity to the expanding data center, SpaceX, and The Boring Company developments. The property features more than 9,400 square feet of improvements across multiple structures, including a 3,300-square-foot insulated warehouse with epoxy flooring, 1,200-square-foot garage/workshop, approximately 3,000-square-foot secondary warehouse, 1,100-square-foot parking/staging area, and an approximately 1,800-square-foot modular building constructed to laboratory standards. The versatile improvements offer potential for warehousing, manufacturing, fabrication, equipment storage, research and development, specialty trades, or other commercial uses. Infrastructure includes 600-amp commercial electrical service, multiple 200-amp panels, LED and exterior lighting, commercial data infrastructure, and extensive electrical capacity. The property also features 84 Panasonic 330-watt solar panels with three SolarEdge inverters. Water is supplied by Aqua Water, a private well, and a rainwater collection system. Beyond the existing improvements, the 88 acres offer flexibility for agricultural use, recreational use, or a future custom homesite. With Highway 304 frontage, substantial existing infrastructure, and proximity to major regional development, this property offers a rare combination of usable acreage and improvements in the Bastrop area.

Investor Tools

$0Estimated Mortgage Balance
$3,841,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,280 /month
Positive
Cash Flow Estimate:
$7,760 /month

Interested in this property?

Matthew Gruetzner

Keller Williams Brazos West

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,291/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,288
$555,487
2026
$8,810
$546,677
$1,397,300
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,288
$555,487

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$3,841,000
100%
0%
$0/mo

City: Smithville

2496 Highway 304 | Property Details | No Agent List