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$325,000

707 Olive St, Smithville, TX, 78957

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,092 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.35 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Electric Oven, Gas Cooktop, Oven, Refrigerator
FlooringCarpet

Exterior

Exterior FeaturesPrivate Yard
Lot Size17,729 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR18866
Lot Number1-2
SubdivisionS7540 - Riverside Park
Land UseResidential
Legal DescriptionRIVERSIDE PARK, BLOCK 9, LOT 1 & 2
Census Tract950700
Assessed Land Value$81,021
Assessed Improvement Value$203,545
Assessment Year2026

About this property

Groovy Mid-Century Charm on Nearly Half an Acre in Smithville! Step back in time and imagine the possibilities! Built in 1965, this groovy mid-century modern home is full of vintage character, nostalgic charm, and endless potential. Nestled on a beautiful .4-acre lot beneath magnificent mature trees, this 3-bedroom, 2.5-bath home offers nearly 2,100 square feet of living space, just steps from the Colorado River and only one block from downtown Smithville! With its classic Brady Bunch vibes, distinctive built-ins, and unique kitchen features, this home is a time capsule just waiting for someone with vision to bring it back to life. Imagine restoring its original mid-century personality or giving it your own creative twist. The possibilities are as big as your imagination! Out back, you’ll find a charming patio featuring built-in brick planters, perfect for your gardening projects, colorful flowers, or your very own backyard oasis. A separate workshop and storage building offers extra space for hobbies, projects, tools, and all your treasures. Love the small-town lifestyle? You’re just a block from Main Street, where you can enjoy the charm of downtown Smithville. Need a little more convenience? Bastrop is approximately 12 miles away for your big-box shopping and everyday essentials, while SpaceX and other Elon Musk-related ventures are approximately 20 miles away. This is your chance to bring a little groovy goodness back to life! The home needs extensive updating, making it an ideal opportunity for someone ready to roll up their sleeves, unleash their creativity, and transform a classic mid-century gem into something truly special. If you’ve been dreaming of a home with character, beautiful trees, river proximity, and a fantastic location, this one is ready for its next chapter!

Investor Tools

$0Estimated Mortgage Balance
$402,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,412 /month
Positive
Cash Flow Estimate:
$804 /month

Interested in this property?

Jeannie Ralph

All City Real Estate Ltd. Co

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,085
$284,566
2026
$81,021
$203,545
$284,566
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,085
$284,566

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$402,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
N/A
+$2,120/mo
6.3%

City: Smithville