tomo logo

$1,100,000

Beds
3
Baths
2.0
sq ft
4,801

335 Frerich Rd, Smithville, TX 78957

335 Frerich Rd

Smithville, TX 78957

  • 96 days on market
    • Price drop $90,000↓
Discover country living on this beautiful unrestricted 31-acre estate in Smithville Texas. Seamlessly blending timeless charm with modern conveniences, this property presents an exceptional investment opportunity with multiple revenue streams. This property features a 2,400 sq ft rustic barndominium, complete with a commercial kitchen, ideal for hosting a wide range of events. The estate also includes four charming cabins, with two already in operation, and one RV hookup with water & electric, offering great income potential through Airbnb rentals or potential RV park. The main residence is a restored 1940s farmhouse, featuring 3 bedrooms and 2 bathrooms, along with a mobile home (2017), also offering 3 bedrooms and 2 bathrooms. Outside, you’ll find sprawling pastures that provide unmatched serenity and privacy and a stocked pond. Property has plenty of road frontage along Frerich Rd and FM 2104. Property is currently under agricultural exemption and homestead.

Details

Property type

Single Family Residence

Est. home value

$2,196,064

Lot size

31.07 acres

Price per sq ft

$230

Year built

1940

Annual property taxes

$7,752.1

HOA

No

Price History

10/23/2024
Austin

Austin #6885767

Price change
$1,100,000
-7.56%
09/18/2024
Austin

Austin #6885767

Listed
$1,190,000
08/02/2024
Austin

Austin #5332870

Removed

Schools & Community

Elementary school: 

Brown Primary

Middle school: 

Smithville

High school: 

Smithville

Community features: 

None

High school district: 

Smithville ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Southstar Bank Ssb

Loan start date

December 2015

Original loan amount

$257,000

Est. remaining balance

Not provided

Interest rate

3.76%

Loan type

Not Provided

Seller

Raymond Trapani and Cathy Trapani

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 5:40 PM

Listing updated: 12/16/2024 at 1:59 PM

Listed by: Jason Sperry, RE/MAX Bastrop Area Phone #: (512) 303-4441

MLS: Austin #6885767

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