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Property profile & analytics
OFF-MARKET
Land

169 Ann Powell Rd Smithville, TX 78957

10 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10-acre commercial property in Smithville, Texas, presents a unique investment opportunity. Located at 169 Ann Powell Rd, 78957, this land boasts a prime location between Bastrop State Park and Buescher State Park, offering unparalleled access to natural beauty and recreational activities. The property includes an existing 480-square-foot entertainment pavilion with living quarters, providing immediate potential for various commercial ventures. Its versatility makes it ideal for development as an event venue, lodge, or other specialized commercial use. The absence of homeowner's association (HOA) fees adds to its appeal, minimizing operational overhead. The convenient proximity to Highway 71 ensures excellent visibility and accessibility, making it an attractive location for businesses seeking high traffic exposure. This substantial acreage offers significant potential for growth and development in a desirable Texas location. The asking price is $750,000. Serious inquiries are encouraged to explore the possibilities of this remarkable property. The property is situated in Bastrop County.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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