Ed's Opinion of Value

$242,909 Ed's Estimate: $330,180 $361,537
Lowest Comp Recommended List: $349,000 to $351,000 Highest Comp

Listing History

$335,000 List Price
$291,185 Comp Value
1 Price Reductions

This property was listed at $335,000 and expired after 333 days on market. The price was reduced from $342,500 to $335,000. This listing activity factors into the valuation.

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $330,180. I'd recommend coming to market at $349,000 to $351,000 to strike the right balance between value and market velocity. In the current SMITHVILLE TOWNSITE market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 0.25 acre lot (larger than the 0.15 acre average) is reflected in the estimate. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group
4 Beds
3 Baths 3 Full
1,754 Sq Ft
0.247 Acres
1951 Built

About This Property

Amazing Opportunity for a Multi-Generational Home available just seconds away from Main Street Smithville. The original home from 1951 has been updated to todays modern look while the guest home is like new, built in 2024. Both homes include: New Kitchens, New/Updated Bathrooms, New Flooring, Paint, New Energy Efficient Mini-Split System and New Roofs. The main house is 3 bedrooms, 2 baths with the original 1,004 sqft layout; while the second home is a new 2 bedrooms, 1 bathroom abode.

Both homes sit on shared .25 acres. In purchasing this property, you have the opportunity for someone to pay a portion of your mortgage with the secondary unit rented out. These homes would be great as a starter home, full time rental, and have potential as a Short-Term Rental or possible commercial use. Easily run your own small business from the guest home.

Smithville zoning map has the lot listed as Highway Commercial District.

Call to take a look for yourself. Plenty of great financing options available, just call and ask.

Features

  • Ceiling Fan(s)
  • Quartz Counters
  • Primary Bedroom on Main

Location

Schools

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

Property Details

Property Type Residential
Flooring Tile, Vinyl, Wood
Cooling Ductless, ENERGY STAR Qualified Equipment, Multi Units
Heating Ductless, ENERGY STAR Qualified Equipment, See Remarks
Exterior None
County Bastrop
MLS # 3424708

Listing History

MLS# 3424708 333 days
Jan 27, 2026 Off Market
Dec 10, 2025 Price Change $335,000
Feb 28, 2025 Listed $375,000

Frequently Asked Questions About 112 Gazley ST, Smithville TX 78957

When was 112 Gazley ST, Smithville TX 78957 built?

112 Gazley ST, Smithville TX 78957 was built in 1951.

How much does 112 Gazley ST, Smithville TX 78957 cost?

112 Gazley ST, Smithville TX 78957 is currently off market.

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