37
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407 4th Ave
About This Property
Surrounded by majestic pine trees and beautifully maintained landscaping, the home is a peaceful retreat with plenty of room to spread out and make it your own. Step outside and you'll find a large in-ground gunite pool, ideal for cooling off on hot summer days or hosting weekend gatherings under the Texas sky.
While the interior offers solid bones and spacious potential, it does need updating-giving you the opportunity to create your dream home, personalized to your style and taste. Whether you're a DIY enthusiast or looking for a project with major upside, this home is bursting with potential.
Located just minutes from historic downtown Smithville, you'll enjoy the best of small-town living-boutique shopping, local restaurants, art galleries, and frequent festivals that make this town so special. Smithville is known for its friendly community, picturesque charm, and proximity to the Colorado River and nearby parks for kayaking, fishing, and hiking.
With easy access to Hwy 71, you're just a short drive to Bastrop, Austin, or La Grange, making this an ideal location for commuters or those looking for a weekend getaway.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2026 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Price Decreased |
$265,000
↓ $10K
(3.6%) | |
| Price Decreased | |||
| Aug 12, 2025 | Price Decreased |
$274,990
↓ $25K
(8.3%) | |
| Price Decreased | |||
| Jul 2, 2025 | Price Decreased |
$299,999
↓ $25K
(7.7%) | |
| Price Decreased | |||
| Jun 11, 2025 | Listed by All City Real Estate Ltd. Co | $325,000 | |
| Listed by All City Real Estate Ltd. Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017