319 Webb ST

Smithville, TX 78957

For Sale $49,900

Listed 623 days ago for $73,900
  • Status: Active
  • Property Type: Single Lot
  • County: Bastrop
  • School District: Smithville ISD
  • Subdivision: Webb, Ivan Add
  • $/SqFt:
  • Lot Size: 0.113 acres
  • Est. Taxes: $838.38
  • Association/HOA : No
  • Waterfront: No
  • Private Pool: No
319 Webb Street is the first vacant residential lot on the left-hand side or Webb Street, about halfway down from the dead-end where the new 25 home subdivision is being built. Lots there are listed at $85,000. This lot at 319 Webb Street joins the other vacant lot for sale at 321 Webb Street. The portable buildings do not convey with the sale of either or both lots. Both lots are currently zoned MF (3-plex or 4-plex) but both lots combined don't meet the minimum sqft. requirement of 15,000 sqft for either structure. Rezoning either or both lots to SF2 allows a duplex. A variance from P&Z would still be needed; even though minimum lot sqft is reduced to a min. of 6,500 sqft., both lots are approximately 5,950 sqft. I was told on good authority from a city employee who works with P&Z that it is likely a variance would be granted for SF2 to allow the city to grow, reduce vacant lots, supply additional housing within city limits, increase the tax base, etc. 321 Webb Street Lot is listed at $69,900. Lots are owned by Webb Street, LLC.

Lot Features
City Lot, Open Lot, Public Maintained Road
Waterfront Features
None
Fencing
None
Other Structures
None
Utilities
Electricity Available, Phone Available, Sewer Available, Water Available
Water Source
Public
Exterior Features
None
Green Energy Efficiency
None
Community Features
See Remarks
Listing ID
1163819
Sub Agency Compensation
0.000%
Buyer Agency Compensation
4%
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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