Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    71 State Hwy Smithville, TX 00000

    For Sale
    $6,348,343

    41.64 Acres, Commercial/Industrial/Ranch Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    Exceptional investment opportunity: 41.64 acres of raw land ideally situated on Hwy 71 in Smithville, Texas. This expansive property consists of two parcels (approximately 32.81 acres and 8.83 acres), offering flexibility for various development projects. The land is conveniently located between Bastrop and La Grange, providing easy access to major transportation routes. The property is approximately 2.3 miles from downtown Smithville, 2 miles from the Colorado River, 13 miles from Bastrop, and 43 miles from Austin. The seller is open to subdividing the land to accommodate specific buyer needs. While zoning needs verification with the City of Smithville, the area shows strong growth potential. Noteworthy nearby developments include a new industrial park across Hwy 71 from the Smithville airport and recent city annexation of 75 acres. Utilities may be available

    Property Features for 71 State Hwy

    General Information

    Property type
    Farms
    Lot Size
    1,813,838 SF

    HighLights

    • Buyer to verify zoning with City of Smithville.
    • 2.3 miles to Downtown Smithville.
    • 2 miles to the Colorado River.
    • 13 miles to Bastrop, TX.
    • 43 miles to Austin, TX.
    • Smithville annexed 75 acres in 2022.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Smithville
    County
    Bastrop
    State
    Texas
    Longitude
    -97.169650168072
    Latitude
    30.038396494391

    Nearby Similar for Sale

    • $750,000
      1,987 SF

      Luxury Living Near Downtown Smithville

      1.7-acre property with pool, detached garage, and treehouse.
      194 2-Mile Ln, Smithville, TX 78957
      View Details
    • $410,000
      1,212 SF

      Farm Ranch in Smithville, TX

      Inviting 2-bedroom home on 6.75 acres near Smithville.
      174 Easley Rd, Smithville, TX 78957
      View Details
    • $1,850,000
      48.41 Acres

      Colorado River Frontage Development Opportunity

      48 acres with 2,100+ feet of Colorado River frontage.
      665 Sh 230 Loop, Smithville, TX 78957
      View Details
    • $895,000

      Secluded Barndo on 20 Acres

      20-acre property with barndo, pond, and outdoor amenities.
      157 Cricket Hollow Ln, Smithville, TX 78957
      View Details
    • $440,000

      Farmhouse on Highway 71 Frontage

      Vintage farmhouse on Highway 71, Smithville, TX. Landmark property.
      5612 E State Hwy, Smithville, TX 78957
      View Details
    • $342,500

      Remodeled Duplex Near Main Street

      Two remodeled homes on .25 acres near Main Street.
      112 Gazley A & B St, Smithville, TX 78957
      View Details

    FAQs

    What type of property is this?
    Farm - 41.64 Acres, Commercial/Industrial/Ranch Land
    Where is this farm located?
    The property is located at 71 State Hwy Smithville, TX.
    What is the asking price?
    The asking price for this property is $6,348,343.
    What are key features of this property?
    This property features: Buyer to verify zoning with City of Smithville.; 2.3 miles to Downtown Smithville.; 2 miles to the Colorado River.
    Request Owner's contact information
    71 State Hwy Smithville, TX 00000
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    71 State Hwy
    Smithville, TX 00000
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    71 State Hwy Smithville, TX 00000
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.