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Investment Highlights

  • Zoned Central Business District (CBD) within Smithville’s Commercial Historic District for versatile redevelopment options.
  • Historic 1910 structure with rich legacy as a railroad-era hotel and social hub.
  • Located near Hwy 71 with pedestrian-friendly access to Smithville’s eateries and shops.
  • Includes two sets of conceptual development plans for mixed-use or event venue designs with retail and rooftop amenities.
  • Adjoining Honey’s Diner site also available, enabling a scaled redevelopment project.
  • Architectural character suited for adaptive reuse into residential, retail, or hospitality concepts.

Executive Summary

Available now is the historic Pines Hotel property, a landmark structure in the heart of Smithville’s Commercial Historic District. Built in 1910, this three-story building spans 10,800 square feet and is zoned Central Business District (CBD), offering significant development flexibility. Two complete sets of development plans convey with the sale, designed to reimagine the building for modern use while retaining its period charm.
The first set of concepts propose seven apartments across the top two floors with retail space on the first floor and a rooftop garden, creating a mixed-use centerpiece for downtown Smithville. The second plan envisions a dynamic event venue with lodging upstairs and a scenic rooftop garden, tapping into the growing trend for boutique hospitality and destination events. Both plans offer visionary potential but have not undergone mandatory third-party permitting review by the City of Smithville.
With proximity to major Texas corridors such as State Hwy 71 and adjacency to Honey’s Diner—the iconic café featured in Hope Floats—this property blends cultural legacy with future-forward development opportunities. Positioned in a walkable district brimming with cafés, galleries, and historic architecture, the Pines Hotel presents a rare chance for investors to create a defining destination in one of Texas’s most storied communities.

Property Facts

Price $400,000
Price Per Room $28,571
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.12 AC
Building Size 10,800 SF
No. Rooms 14
No. Stories 3
Year Built 1910
Parking Ratio 2.31/1,000 SF
Corridor Interior

Amenities

  • Restaurant

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 14 $50.00 -
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
19655
Land Assessment
$48,404
Improvements Assessment
$152,893
Total Assessment
$201,297
  • Listing ID: 41047433

  • Date on Market: 6/24/2026

  • Last Updated:

  • Address: 111 NE 2nd St, Smithville, TX 78957

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