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508 Turney St, Smithville, TX, 78957

2beds
1baths
750sqft
$249,900
$333price/sqft
$2,102/moest. monthly cost
$84,080/yrincome needed

About This Home

Located on a corner lot in the heart of Smithville, this updated cottage offers a unique opportunity as both a personal residence or a turnkey short-term rental. Currently operating as a successful Airbnb, the home is being offered fully furnished, allowing for an easy transition for those looking to continue its use as an income-producing property or enjoy it as a move-in-ready home. The home is compact in size but thoughtfully laid out to make the most of the space, with original wood flooring, a comfortable living area filled with natural light, and a layout that lives larger than expected. The kitchen is set up for short-term stays with refrigerator, countertop appliances, and storage, with space available to add a range if desired. Bedrooms are inviting and well-sized, and the home has been maintained with a focus on comfort and usability. Positioned on a large lot with mature trees, the outdoor setting adds significant value with open yard space, shade, and room to expand or enhance over time. A privacy fence along one side adds separation, and the corner lot offers additional flexibility and presence. Located just minutes from downtown Smithville, local shops, dining, and events, the property benefits from consistent visitor demand and small-town charm. Whether you're looking for a weekend retreat, full-time residence, or investment property with an established track record, this property offers flexibility and immediate potential. Owner/Agent.

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

4/10
4/10
5/10
Smithville High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1950

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Plumbed For Ice Maker,Free-Standing Gas Range,Refrigerator,Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Ceiling Fan(s),Tile Counters,Electric Dryer Hookup,Eat-in Kitchen,Storage,Washer Hookup
  • Window features: Blinds
  • Flooring: Wood

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 750 sqft

Property

Accessibility

  • Accessibility features: Accessible Full Bath,Accessible Kitchen Appliances

Details

  • Parcel number: R16651
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Front Porch,Porch,Rear Porch,Screened
  • Exterior features: None
  • Fencing: None
  • Has view: Yes
  • View description: None
  • Waterfront features: None

Lot

  • Lot size: 0.31 Acres
  • Features: City Lot,Corner Lot,Public Maintained Road,Trees-Medium (20 Ft - 40 Ft)

Parking

  • Parking features: Attached Carport

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Cold Wave
Lightning
Strong Wind
Winter Weather
Hail
Heat Wave

FEMA Declared Disasters Across Texas Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,263$15,156
Home Insurance *$170$2,040
Property Taxes $431$5,172
Electricity $238$2,859
Total$2,102$25,224
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,068/yr
40% on housing$63,060/yr
45% on housing$56,053/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.9%
5.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$333This listing

vs Other Active Listings

Avg $/sqft

ZIP 78957$287
Bastrop County$331

vs Homes Sold Last Month

Median $/sqft

ZIP 78957$192
Bastrop County$182

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-07Listed for sale$249,900
2022-05-11Listing removed--
2022-04-09Pending sale$205,000
2022-04-06Price change$205,000
2022-04-04Listed for sale$229,000

For Sale by Agent

AgentZia Lowe
BrokerageRE/MAX Bastrop Area

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