Listing Agency: Texas Commercial Realty, Inc.

Listed By: Cheryl Chinen · License #TX 728428

Source: Crexi

Added: Jun 20, 2023 Changed: Aug 8 Last Checked: Jul 26 at 2:50PM

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Investment Insights

Based on property information with market context.

This property features 37.36 acres of raw land, presenting a development opportunity in a location between Bastrop and La Grange, situated off Hwy 71. The land consists of two parcels, sized at approximately 35.58 acres and approximately 1.78 acres, which can be purchased separately or together. The property is priced to facilitate subdivision into 2-4 acre tracts. Zoning should be verified with the City of Smithville.

Key Highlights

• 37.36 acres of raw land suitable for development
• Located between Bastrop and La Grange off Hwy 71
• Priced to subdivide into 2‑4 acre tracts

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Pharmacy Bakery Cafe & Coffee Shop Nail Salon

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

9

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

Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - Raw land suitable for development between Bastrop and La Grange.

Where is this land located?

The property is located at TX-230 Loop Smithville, TX.

What is the asking price?

The asking price for this property is $4,752,831.

What are key features of this property?

This property features: 37.36 acres of raw land suitable for development; Located between Bastrop and La Grange off Hwy 71; Priced to subdivide into 2‑4 acre tracts