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Historic Pines Hotel Development Opportunity
For Sale
$350,000

111 2nd ST, Smithville, TX 78957

Historic hotel in Commercial District with development potential.

Property Size10,800 SF
Price / SF$32.41
Days on Market233

Property Features for 111 2nd ST

General Information

Standard status Active
Size 10,800 SF
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $3,893

Amenities

3
No Parking.
City

Building Details

Year Built 1910
Listing Agency: Tamble Realty, LLC
Listed By: Sheila Tamble · License #0556789
Source: Xome
Added: Jan 13 Changed: Sep 3 Last Checked: Sep 2 at 4:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tamble Realty, LLC

Investment Insights

Based on property information with market context.

The Pines Hotel, situated within the Commercial Historic District and zoned Central Business District (CBD), presents a development opportunity. Constructed in 1910, the three-story building encompasses 10,800 square feet. Originally built to accommodate railroad workers and traveling salesmen, the hotel ceased operations in 1968 but has since been utilized for other purposes. Two sets of development plans are included with the sale. One set of plans outlines the creation of 7 apartments on the top two floors, complemented by a rooftop garden and retail space on the first floor. The second set of plans proposes an event venue with lodging on the upper two floors and a rooftop garden. It should be noted that these plans have not undergone the required Third Party Review for permitting. The building once featured a 16-car garage on the first floor. The single-story cafe on the west side of the building was used as "Honey's Diner" in the movie Hope Floats.

Key Highlights

  • Zoned Central Business District (CBD) within the Commercial Historic District, offering diverse development opportunities.
  • Two sets of Development Plans included: one for 7 apartments/retail/rooftop garden, and another for an event venue/lodging/rooftop garden.
  • 10,800‑square‑foot, three‑story building with historical significance (built in 1910).**

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Law Firm Electrical Service Pharmacy Kitchen & Bath Showroom Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby

Demographics for 78957, TX

10,214
Population
4,743
Households
2.2
Avg Household Size
45
Median Age
24%
College-Educated
89%
High-School Grad
177.1 sq mi
ZIP Area
58
Density / Sq Mi
$62,796
Median Household Income
$39,731
Median Earnings
$1,169
Median Rent
$246,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Historic hotel in Commercial District with development potential.
Where is this hotel located?
The property is located at 111 2nd ST Smithville, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Zoned Central Business District (CBD) within the Commercial Historic District, offering diverse development opportunities.; Two sets of Development Plans included: one for 7 apartments/retail/rooftop garden, and another for an event venue/lodging/rooftop garden.; 10,800‑square‑foot, three‑story building with historical significance (built in 1910).**
More about this property
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