169 Ann Powell Rd Smithville, TX 78957
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.