Mixed-Use Income
For Sale
Contact for pricing
Pending
1500 NE Loop 230, Smithville, TX 78957
18-unit multifamily property with in-place office and commercial space, including a former restaurant use.
Property Size14,950 SF
Days on Market148
Property Features for 1500 NE Loop 230
General Information
Standard status
Pending
Size
14,950 SF
Property subtype
Multifamily, Office, Mixed Use
Units
Multifamily Units
16
Office Units
1
Building Details
Tenancy
Multi
Listing Agency:
Lowery Real Estate
Listed By:
Samuel Hollingsworth · License #TX
Source:
Crexi
Added: Apr 11
Changed: Aug 16
Last Checked: Sep 4 at 7:59PM
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 Lowery Real Estate
Investment Insights
Based on property information with market context.
This mixed-use income property features 18 total units, including fifteen 400-square-foot efficiency residential units, one 1,150-square-foot office space, one 1,300-square-foot residential space, and one 6,500-square-foot commercial space that was previously used as a restaurant. The offering includes current cash flow and an opportunity to further increase income through interior renovations and optimizing leasable space.
Located at 1500 NE Loop 230 in Smithville, Texas, the property sits on the “main drag” per the seller’s remarks. For additional details, the seller is requesting calls for financials, interior pictures, or to schedule an appointment to view the property.
For serious investors and owner-users, the mix of residential units alongside office and commercial space can support a diversified income stream within a single asset.
Located at 1500 NE Loop 230 in Smithville, Texas, the property sits on the “main drag” per the seller’s remarks. For additional details, the seller is requesting calls for financials, interior pictures, or to schedule an appointment to view the property.
For serious investors and owner-users, the mix of residential units alongside office and commercial space can support a diversified income stream within a single asset.
Key Highlights
- 18 total units: 15 efficiency residential units (400 SF each)
- Includes 1 office unit with 1,150 SF and 1 residential unit with 1,300 SF
- Also includes 6,500 SF commercial space that was previously used as a restaurant
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
16
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
237
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 18-unit multifamily property with in-place office and commercial space, including a former restaurant use.
Where is this apartment building located?
The property is located at 1500 NE Loop 230 Smithville, TX.
What are key features of this property?
This property features: 18 total units: 15 efficiency residential units (400 SF each); Includes 1 office unit with 1,150 SF and 1 residential unit with 1,300 SF; Also includes 6,500 SF commercial space that was previously used as a restaurant
