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Smithville, TX 78957
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This 2-acre homesite in the gated Parkwood Ranch subdivision offers a prime, level-to-rolling landscape with a blend of open meadows and mature hardwoods. Located in the heart of the high-growth "Texas Tech Corridor," this property is minutes from the headquarters of X, SpaceX, and The Boring Company, and near Tesla Giga Texas, providing a peaceful retreat positioned for significant appreciation. ?The lot is a clean canvas with no internal easements to restrict your build site. Infrastructure improvements, including private road paving and underground utility installation, are scheduled to begin in March 2026, making this an ideal time to secure your position. The land currently benefits from a community-managed Agricultural Exemption, keeping annual property taxes exceptionally low at ap proximately $20/year. Minimum build requirements of 1,500 sq. ft. and permanent foundation standards ensure a high-quality neighborhood. This is a rare chance to own in the "Musk Economy."

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Detail Ic Property Details

Property Type : Land

Price : $119,000

AD Id : 75970842

MLS Id : 55973763

Lot Size : 2 Acres(Lot)

County : Bastrop

Subdivision: Timber Bay

  • Map Map

Map

Feature Features

  • Lot Information

    Main Square Feet: 2 Acres Lot Size Acres: 2 Lot Size Square Feet: 87120 Lot Description: Interior Lot, Level

    Property Information

    Subdivision: Parkwood Ranch Source Property Type: Land

  • Listing Price Information

    Listing Price: $119000 Cash, Conventional, Owner Will Carry, USDA Loan, VA Loan

  • Tax Information

    Parcel Number: TBD Tax Lot: 23 Tax Year: 2025 Tax Legal Desc: Lot 23, Parkwood Ranch, Plat Cabinet 9, Page 68-B and 70-A

  • Homeowners Association Information
    Has Association: Yes HOA: $600.00

  • School Information

    Elementary School: Smithville Elementary School
    Junior High School: Smithville Junior High School
    Senior High School: Smithville High School
  • Utility Information

    Natural Gas Not Available, Cable Not Available, Electricity Not Available, Phone Available, Phone Not Available
  • Location Information

    Direction: Hwy 71 E to Smithville. Exit/turn left under Hwy, North toward city center. Pass Buescher State Park; follow CR 153. Merge right to stay on CR 153 E (avoid CR 2104). Turn North on CR 398, which becomes Karisch Rd. At the end, turn right on Karisch Rd 2. Curve right, then immediate left onto Davis Rd (Tusia Davis/CR 302). Lot 23 is on your left at the new private road infrastructure of Parkwood Ranch.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
LOT 6 Hydrangea Drive, Smithville, TX, 78957 $179,500 -- -- -- 0.50 Acre(Lot)
LOT 9 Water Vessel Court, Smithville, TX, 78957 $210,000 -- -- -- 0.71 Acre(Lot)
LOT 4 Moonlight Drive, Smithville, TX, 78957 $185,000 -- -- -- 0.79 Acre(Lot)
LOT 15 Hydrangea Drive, Smithville, TX, 78957 $225,000 -- -- -- 0.85 Acre(Lot)
LOT 16 Moonlight Drive, Smithville, TX, 78957 $215,000 -- -- -- 0.70 Acre(Lot)
LOT 21 Hydrangea Drive, Smithville, TX, 78957 $215,000 -- -- -- 0.69 Acre(Lot)
LOT 17 Hydrangea Drive, Smithville, TX, 78957 $215,000 -- -- -- 0.82 Acre(Lot)
LOT 26 Hydrangea Drive, Smithville, TX, 78957 $215,000 -- -- -- 0.78 Acre(Lot)
TBD Kirtley North Road, Smithville, TX, 78957 $84,900 -- -- -- 0.17 Acre(Lot)
LOT 8 Water Vessel Court, Smithville, TX, 78957 $212,500 -- -- -- 0.79 Acre(Lot)

Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

ByOwner last updated this listing 04/07/2026 @ 01:00

MLS: 55973763 LISTED BY: Edyth Tran, LPT Realty, LLC 877-366-2213 SOURCE: Houston Association of REALTORS

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