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Property profile & analytics
OFF-MARKET
Land

71 State Hwy Smithville, TX 00000

41.64 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 41.64 ac (1,813,838 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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