506 Gresham St, Smithville, TX, 78957
About This Home
Located in the heart of the Historic District in downtown Smithville, this beautifully restored 1930s home blends timeless character with the comfort and quality of modern construction. Purchased in 2020 and extensively rebuilt by the current owner, the home preserves its original charm while living like a brand-new residence. Thoughtfully updated throughout, the property features new siding and exterior paint, all-new Marvin double-hung windows with custom screens, upgraded electrical systems, and completely new plumbing, lighting, and interior finishes. White oak flooring runs throughout the first floor, complemented by custom cabinetry and a beautifully updated kitchen featuring stainless KitchenAid appliances. The detached garage was completely rebuilt and offers abundant storage along with a 50-amp outlet ready for electric vehicle charging. Adding even more versatility and value, the property also includes a stunning oversized one-bedroom, one-bath apartment with a full kitchen and living area — ideal for guests, rental income, or a private home office setup.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1936
Materials
- Foundation: Pillar/Post/Pier
- Roof: Metal
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Electric Cooktop,Gas Range,Free-Standing Gas Oven,Gas Oven,Free-Standing Gas Range,Free-Standing Refrigerator,Stainless Steel Appliance(s),Vented Exhaust Fan,Gas Water Heater,Tankless Water Heater
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Cedar Closet(s),Ceiling Fan(s),Quartz Counters,Double Vanity,Electric Dryer Hookup,Interior Steps,Multiple Living Areas,Open Floorplan,Pantry,Storage,Track Lighting,Walk-In Closet(s),Washer Hookup
- Window features: Double Pane Windows,ENERGY STAR Qualified Windows,Screens
- Flooring: Laminate,Tile,Wood
- Number of fireplaces: 1
- Fireplace features: Family Room,Gas
Heating & Cooling
- Heating features: Central,Fireplace(s),Natural Gas
- Cooling features: Ceiling Fan(s),Central Air,Wall/Window Unit(s)
Interior Area
- Total interior livable area: 3,176 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 21909
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Covered,Front Porch
- Exterior features: Gutters Full
- Fencing: Back Yard, Partial, Wood
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Lot size: 8,407 sqft
- Features: Alley Access,City Lot,Corner Lot,Front Yard,Landscaped,Level,Sprinkler - Automatic,Sprinkler - In-ground,Trees-Large (Over 40 Ft)
Parking
- Total spaces: 2
- Parking features: Detached,Garage Faces Side
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Tornado
- Cold Wave
- Lightning
- Strong Wind
- Winter Weather
- Hail
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,286 | $39,432 |
| Home Insurance * | $444 | $5,328 |
| Property Taxes | $793 | $9,516 |
| Electricity | $348 | $4,184 |
| Total | $4,871 | $58,452 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-25 | Listed for sale | $650,000 |
| 2020-02-13 | Listing removed | $309,999 |
| 2020-01-31 | Pending sale | $309,999 |
| 2020-01-25 | Listed for sale | $309,999 |
| 2016-12-19 | Sold | -- |
| 2016-11-26 | Pending sale | $249,900 |
| 2016-10-03 | Price change | $249,900 |
| 2016-07-18 | Price change | $263,500 |
| 2016-06-18 | Listed for sale | $278,500 |
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