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655 Nw Loop 230 6797377Edit search
ActiveMLS #6797377

655 NW Loop 230, Smithville TX 78957

Smithville, TX 78957 · Decrow, Thomas

See Remarks for sale in Decrow, Thomas

2Bedrooms
2Bathrooms
1.47Acres
0Garage
1945Year Built
Price Reduced
1 / 13
$485,000$500,000

Overview

Property Description

Prime 1.47-acre corner tract on Loop 230 just north of Smithville, perfectly positioned in the path of growth. The property features road frontage on three sides and offers exceptional visibility for a variety of uses. With no zoning restrictions and full city utilities already in place, it’s ideal for commercial development, residential use, or mixed-purpose plans. A 2-bedroom, 2-bath residence is currently being remodeled, providing immediate usability or future income potential. Located outside city limits but eligible for annexation if desired. A rare opportunity with flexibility, access, and strong investment appeal.

Financial Info
Price
$485,000
HOA
None
Tax Rate
1.47%
Est. Taxes
$2,814
Tax Year
2025
Exemptions
None
Legal Info
Address
655 NW Loop 230
County
Bastrop
City
Smithville
State
TX
Zip
78957
Subdivision
Decrow, Thomas
Legal Description
A27 DECROW, THOMAS, ACRES 1.465
Parcel
21656
Interior Features
Appliances
None
Master Main
Yes
General Info
Beds
2 Total / 2 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
See Remarks
Stories
1
Year Built
1945 / Updated/Remodeled
Garage Desc
None
Foundation
Pillar/Post/Pier
Construction
Frame, Metal Siding
Acres
1.47
Lot Description
Back Yard, Cleared, Corner Lot, Level, Public Maintained Road
Restrictions
None
Flood Plain
No
View
City, Rural
Water Access
No
Waterfront
No
Area
SV
Utility Info
Water
Public
Sewer
Public Sewer, Septic Tank
Utilities
Cable Available, Electricity Connected, Sewer Available, Water Connected
Exterior Features
Fence
Partial
Exterior Features
None
Pool On Property
Yes
Area Amenities
None

Price history

Members only
Days on market
−$15,000 (−3%)
$500,000 → $485,000
1
Price reduction
Active
Since Jan 7, 2026
Price trend
List priceJan 2026 → Apr 2026
Property history2 events
DateEventPriceChange
Apr 16, 2026Price Decrease$485,000−$15,000 (−3%)
Jan 7, 2026New Listing

Taxes

General Information
Owner
FALCON GREEN ENERGY LLC
Legal
A27 DECROW, THOMAS, ACRES 1.465
Geo ID
21656
Acreage
1.47
Exemptions
Exemption Type
None on record
Taxing Units
T1
BASTROP COUNTY
T2
SMITHVILLE ISD
T6
BASTROP COUNTY EMERGENCY SVC DIST #3
T7
COUNTY ROAD FM
Tax Summary
MLS estimated annual taxes
$2,814
MLS tax year
2025
CAD estimated taxes
$2,508.26
CAD source year
2026
Appraisal Values
YearLandImprovementsMarketAppraisedAssessed
2026$95,533$74,958$170,491$170,491$170,491
Assessments
CappedTaxableAssessedLand HSImp HSCAD Est. TaxTaxing Unit
$170,491$170,491———$597.55BASTROP COUNTY
$170,491$170,491———$1,606.88SMITHVILLE ISD
$170,491$170,491———$170.49BASTROP COUNTY EMERGENCY SVC DIST #3
$170,491$170,491———$133.34COUNTY 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
Smithville
Middle
Smithville
High
Smithville

Maps

Financing

Your preferences

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

Saved on this device

List price $485,000
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

$3,091 / mo

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

Estimated monthly payment $3,091

Principal & interest
$2,452
Property taxes
$235
Homeowners insurance
$404

*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$388,000$4,337$25,092$383,663
2$383,663$4,627$24,802$379,036
3$379,036$4,937$24,492$374,099
4$374,099$5,268$24,161$368,831
5$368,831$5,621$23,809$363,211
6$363,211$5,997$23,432$357,214
7$357,214$6,399$23,030$350,815
8$350,815$6,827$22,602$343,988
9$343,988$7,284$22,145$336,704
10$336,704$7,772$21,657$328,931
  • Year 1$383,663
    Principal paid
    $4,337
    Interest paid
    $25,092
    Starting balance
    $388,000
  • Year 2$379,036
    Principal paid
    $4,627
    Interest paid
    $24,802
    Starting balance
    $383,663
  • Year 3$374,099
    Principal paid
    $4,937
    Interest paid
    $24,492
    Starting balance
    $379,036
  • Year 4$368,831
    Principal paid
    $5,268
    Interest paid
    $24,161
    Starting balance
    $374,099
  • Year 5$363,211
    Principal paid
    $5,621
    Interest paid
    $23,809
    Starting balance
    $368,831
  • Year 6$357,214
    Principal paid
    $5,997
    Interest paid
    $23,432
    Starting balance
    $363,211
  • Year 7$350,815
    Principal paid
    $6,399
    Interest paid
    $23,030
    Starting balance
    $357,214
  • Year 8$343,988
    Principal paid
    $6,827
    Interest paid
    $22,602
    Starting balance
    $350,815
  • Year 9$336,704
    Principal paid
    $7,284
    Interest paid
    $22,145
    Starting balance
    $343,988
  • Year 10$328,931
    Principal paid
    $7,772
    Interest paid
    $21,657
    Starting balance
    $336,704
First 10 of 30 years

Nearby

Courtesy of Keller Williams Brazos West · (817) 279-6996

Listings courtesy of ACTRIS as distributed by MLS GRID.