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ActiveMLS #3367423

506 Gresham ST, Smithville TX 78957

Smithville, TX 78957 · Burleson

Single Family Residence for sale in Burleson

3Bedrooms
2 full / 1 halfBathrooms
3,176Square Ft
0.19Acres
2Garage
1936Year Built
1 / 37
$650,000

Overview

Property Description

Located in the heart of the Historic District in downtown Smithville, this beautifully restored 1930s home blends timeless character with the comfort and quality of modern construction. Purchased in 2020 and extensively rebuilt by the current owner, the home preserves its original charm while living like a brand-new residence. Thoughtfully updated throughout, the property features new siding and exterior paint, all-new Marvin double-hung windows with custom screens, upgraded electrical systems, and completely new plumbing, lighting, and interior finishes. White oak flooring runs throughout the first floor, complemented by custom cabinetry and a beautifully updated kitchen featuring stainless KitchenAid appliances. The detached garage was completely rebuilt and offers abundant storage along with a 50-amp outlet ready for electric vehicle charging. Adding even more versatility and value, the property also includes a stunning oversized one-bedroom, one-bath apartment with a full kitchen and living area — ideal for guests, rental income, or a private home office setup.

Financial Info
Price
$650,000
$ / Sqft
$205
HOA
None
Tax Rate
2.11%
Est. Taxes
$6,702.44
Tax Year
2025
Exemptions
None
Legal Info
Address
506 Gresham ST
County
Bastrop
City
Smithville
State
TX
Zip
78957
Subdivision
Burleson
Legal Description
BURLESON, BLOCK 8, LOT 1
Parcel
21909
Interior Features
Floor
Laminate, Tile, Wood
Num Living
3
Dining
1
Kitchen
Pantry
Appliances
Dishwasher, Disposal, Electric Cooktop, Gas Range, Free-Standing Gas Oven, Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Gas Water Heater, Tankless Water Heater
Laundry
Laundry Room
Master Bed
Double Vanity, Walk-In Closet(s)
Master Main
No
Fireplaces
1
Fireplace Description
Family Room, Gas
Interior Features
Cedar Closet(s), Ceiling Fan(s), Quartz Counters, Double Vanity, Electric Dryer Hookup, Interior Steps, Multiple Living Areas, Open Floorplan, Pantry, Storage, Track Lighting, Walk-In Closet(s), Washer Hookup, Security System Owned, Double Pane Windows, ENERGY STAR Qualified Windows, Screens
General Info
Beds
3 Total / 3 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
1936 / Updated/Remodeled
Square Feet
3,176 / Public Records
Garages
2
Garage Desc
Detached, Garage Faces Side
Foundation
Pillar/Post/Pier
Roof
Metal
Construction
Frame, HardiPlank Type
Acres
0.19
Lot Description
Alley Access, City Lot, Corner Lot, Front Yard, Landscaped, Level, Sprinkler - Automatic, Sprinkler - In-ground, Trees-Large (Over 40 Ft)
Restrictions
City Restrictions
Flood Plain
No
View
None
Water Access
No
Waterfront
No
Area
SV
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Internet-Cable, Natural Gas Connected, Sewer Connected, Water Connected
Heat
Central, Fireplace(s), Natural Gas
A C
Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Exterior Features
Fence
Back Yard, Partial, Wood
Exterior Features
Gutters Full, Covered, Front Porch
Pool On Property
No
Area Amenities
Dog Park, Fishing, Lake, Picnic Area, Playground, Recycling Area/Center

Price history

Members only
Days on market
$650,000
List price
0
Price reductions
Active
Since May 25, 2026
Property history1 event
DateEventPriceChange
May 25, 2026New Listing

Taxes

General Information
Owner
BECK, LAURA MANN & ALFRED R
Legal
BURLESON, BLOCK 8, LOT 1
Geo ID
21909
Acreage
0.19
Exemptions
Exemption Type
Over 65 Homestead Local Option, Homestead, Over 65
Taxing Units
T1
BASTROP COUNTY
T2
SMITHVILLE ISD
T3
CITY OF SMITHVILLE
T6
BASTROP COUNTY EMERGENCY SVC DIST #3
T7
COUNTY ROAD FM
Tax Summary
MLS estimated annual taxes
$6,702.44
MLS tax year
2025
CAD estimated taxes
$6,118.18
CAD source year
2026
Appraisal Values
YearLandImprovementsMarketAppraisedAssessed
2026$57,336$340,551$397,887$397,887$397,887
Assessments
CappedTaxableAssessedLand HSImp HSCAD Est. TaxTaxing Unit
$397,887$372,887$1,306.93BASTROP COUNTY
$397,887$197,887$1,808.10SMITHVILLE ISD
$397,887$387,887$2,313.63CITY OF SMITHVILLE
$397,887$397,887$397.89BASTROP COUNTY EMERGENCY SVC DIST #3
$397,887$372,887$291.63COUNTY ROAD FM

Disclaimer: Tax data provided by Bastrop Central Appraisal District (2026 Bastrop CAD external export (supplied snapshot; source year not labeled)).

Schools

School Info
District
Smithville ISD
Elementary
Brown Primary
Middle
Smithville
High
Smithville

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $650,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$4,388 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $4,388

Principal & interest
$3,287
Property taxes
$559
Homeowners insurance
$542

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$520,000$5,812$33,629$514,188
2$514,188$6,201$33,240$507,986
3$507,986$6,617$32,824$501,370
4$501,370$7,060$32,381$494,310
5$494,310$7,533$31,908$486,777
6$486,777$8,037$31,404$478,740
7$478,740$8,575$30,866$470,164
8$470,164$9,150$30,291$461,015
9$461,015$9,763$29,679$451,252
10$451,252$10,416$29,025$440,836
  • Year 1$514,188
    Principal paid
    $5,812
    Interest paid
    $33,629
    Starting balance
    $520,000
  • Year 2$507,986
    Principal paid
    $6,201
    Interest paid
    $33,240
    Starting balance
    $514,188
  • Year 3$501,370
    Principal paid
    $6,617
    Interest paid
    $32,824
    Starting balance
    $507,986
  • Year 4$494,310
    Principal paid
    $7,060
    Interest paid
    $32,381
    Starting balance
    $501,370
  • Year 5$486,777
    Principal paid
    $7,533
    Interest paid
    $31,908
    Starting balance
    $494,310
  • Year 6$478,740
    Principal paid
    $8,037
    Interest paid
    $31,404
    Starting balance
    $486,777
  • Year 7$470,164
    Principal paid
    $8,575
    Interest paid
    $30,866
    Starting balance
    $478,740
  • Year 8$461,015
    Principal paid
    $9,150
    Interest paid
    $30,291
    Starting balance
    $470,164
  • Year 9$451,252
    Principal paid
    $9,763
    Interest paid
    $29,679
    Starting balance
    $461,015
  • Year 10$440,836
    Principal paid
    $10,416
    Interest paid
    $29,025
    Starting balance
    $451,252
First 10 of 30 years

Nearby

Courtesy of Moreland Properties · (512) 480-0848

Listings courtesy of ACTRIS as distributed by MLS GRID.