307 SW Martin Luther King RD, Smithville TX 78957

Smithville, TX 78957 | Smithville Townsite

Off Market

Exterior view of 307 SW Martin Luther King RD, Smithville TX 78957

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Ed's Opinion of Value

$91,015 Ed's Estimate: $205,021 $360,000

Lowest Comp Recommended List: $240,000 to $285,000 Highest Comp

After reviewing 7 recent transactions in SMITHVILLE TOWNSITE, I estimate this property's value at $205,021. A competitive list price for this home right now would fall in the $240,000 to $285,000 range. Relative to what's currently available in SMITHVILLE TOWNSITE, this home would be the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (152 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 3 similar properties are competing for buyers in SMITHVILLE TOWNSITE, listed between $189,000 and $299,900. Prices in SMITHVILLE TOWNSITE have risen 45.2% over the last 6 months. A similar home at 302 Washington ST, Smithville TX 78957 carries an adjusted comparable value of $91,015, providing a strong data point. With 7 comparable sales in SMITHVILLE TOWNSITE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

SMITHVILLE TOWNSITE Market Trends

$265,000 Median Sold Price ▲ 45.2% 6mo

$164/sqft Median $/SqFt ▲ 26.2% 6mo

139 days Avg Days on Market 80 days slower

8 homes Active Inventory 9.6 mo supply

94.9% Sale-to-List Ratio

5 Sales (6 months)

Recently Sold Comparables

$91,015 adjusted 302 Washington ST, Smithville TX 78957 2bd / 1.0ba • 1,100 sqft • 0.2 mi Sold 3 months ago

$152,180 adjusted 304 Washington ST, Smithville TX 78957 3bd / 1.0ba • 1,200 sqft • 0.2 mi Sold 6 months ago

$334,280 adjusted 202 PRIMA ST # A, Smithville TX 78957 3bd / 2.0ba • 1,142 sqft • 0 mi Sold 11 months ago

$214,590 adjusted 608 Wilkes ST, Smithville TX 78957 3bd / 2.0ba • 1,092 sqft • 1.1 mi Sold 4 months ago

$360,000 adjusted 302 Hill ST, Smithville TX 78957 3bd / 2.0ba • 1,823 sqft • 0.4 mi Sold 1 months ago

Currently on Market

$189,000 200 Prima ST, Smithville TX 78957 2bd / 1.0ba • 960 sqft • 0.1 mi 36 days on market

$250,000 509 Whitehead ST, Smithville TX 78957 2bd / 1.0ba • 1,048 sqft • 1.1 mi 1 days on market

$299,900 404 Rivers ST, Smithville TX 78957 2bd / 2.0ba • 1,120 sqft • 0.3 mi 6 days on market

2 Beds

1 Baths 1 Full

1,050 Sq Ft

0.19 Acres

1962 Built

About This Property

Nice little starter home on a corner lot in Smithville within walking distance of local schools. Home has had updating as well as a new HVAC system, water heater, and new paint.Restrictions: Yes

Features

Primary Bedroom on Main

Location

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Schools

School District Smithville ISD

Elementary Brown Primary

Middle School Smithville

High School Smithville

Property Details

Property Type Residential

Flooring Wood

Cooling Central Air

Heating Central

Exterior None

County Bastrop

MLS # 1731734

Listing History

MLS# 1731734 68 days

Jan 28, 2019	Off Market
Dec 18, 2018	Pending
Dec 2, 2018	Price Change	$100,000
Oct 11, 2018	Listed	$125,000

Frequently Asked Questions About 307 SW Martin Luther King RD, Smithville TX 78957

When was 307 SW Martin Luther King RD, Smithville TX 78957 built?

307 SW Martin Luther King RD, Smithville TX 78957 was built in 1962.

How much does 307 SW Martin Luther King RD, Smithville TX 78957 cost?

307 SW Martin Luther King RD, Smithville TX 78957 sold on January 28, 2019. Contact us for sale price details.

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