See Home Value
$429,000
● House - Off Market

705 Olive ST

Smithville, TX 78957
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,823 Ft²
$2,705
Est. Monthly
3.64%
Cap Rate

About This Property

Renovated! 705 Olive first appears on the 1915 Sanborn Fire Insurance Map which dates it between 1910 and 1915.  According to the National Register of Historic Places the home was built ca.1913 by McElroy.  Census records for 1920 show a George Godfrey McElroy, Sr, a machinist for the Railroad, and wife Frances Talley, born in Red Rock, Bastrop County, lived on Olive Street.  

This house is a classic example of bungalow architecture with front and side gables, knee brackets, square columns and an inset porch.  Interior bungalow features in the home emphasize efficient use of space and commodious rooms well lite by natural light.  It appears that the home was original designed as a 2/1 with a sunroom that has a private entrance off the front porch.  Additions to the home include a second bathroom, a laundry room, a mudroom and a third bedroom (or ensuite to second bedroom) Recent improvements made include: CACH and Metal Roof in 2022.  Full renovations to both bathrooms, interior paint, updated kitchen countertops, sink and tiled backsplash in 2023. The Schedule your private showing today!

Colorful, picturesque neighborhoods in a well-kept small-town brimming with eclectic artists, unique shops, one-of-a-kind restaurants, entertainment venues from the traditional to the flat out funky. Enjoy outdoor recreational opportunities in State Parks, City Parks, and the Colorado River.  Don't miss your opportunity at this fabulous home with the Smithville VIBE that everyone's looking for!
Unit Size
1,823 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$235
Property Type
House
Property Taxes
$598
HOA Dues
-
Year Built
1939

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Last updated: 2 years ago (Unlock MLS #ACT6489207)

Price History

Date / Event Date Event Price
Oct 13, 2024 In contract -
In contract
Sep 13, 2024 In contract -
In contract
Aug 5, 2024 Price Decreased $429,000
↓ $10K (2.3%)
Price Decreased
May 24, 2024 Price Decreased $439,000
↓ $10K (2.2%)
Price Decreased
Mar 24, 2024 Listed by Mike Hightower Realty $449,000
Listed by Mike Hightower Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,144
  • Total Building Area: 1,724
  • Gross Building Area: 1,932
  • Building Area: 1,724
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,724
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: S7540 - RIVERSIDE PARK
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: RIVERSIDE PARK BLK 9 LOT 3 & 1/2 4

Neighborhood

  • School District Name: Smithville Independent School District
  • Census Tract: 950700

Geography

  • Assessors Map Reference: 717-A
  • Parcel: R18869
  • Block: 9
  • Lot: 3,1
  • Municipality: SMITHVILLE
  • Latitude: 30.0119
  • Longitude: -97.1567

    Address

  • Full Address: 705 Olive St
  • Address - House Number: 705
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: TX
  • City Name: Smithville
  • Carrier Code: C002
  • 4-Digit Zip Code: 1444
  • Zip Code: 78957

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $680,756
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: S03

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 344,308
  • High Value: 412,988
  • Low Value: 275,629

    Market Valuation

  • Market Total Value: $375,722
  • Market Land Value: $37,791
  • Market Improvement Value: $337,931

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,722
  • Assessed Land Value: $37,791
  • Assessed Improvements Value: $337,931
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Smithville


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Unit for rent at 306 String Prairie Way, Smithville, TX, 78957

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306 String Prairie Way, Smithville, TX, 78957 Listing by Sharon Foerster


Frequently Asked Questions

When was property at 705 Olive Street built and last sold?
The property at 705 Olive Street was built in 1939 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 705 Olive Street is $0.
What are some comparable homes to 705 Olive Street?
There are currently no comparable homes to 705 Olive Street.