71 State Hwy Smithville, TX 00000
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.