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$582,000

204 County Road 4018, Lampasas, TX, 76550

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,777 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.58 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Range, Other, Microwave, Range
FlooringTile

Exterior

Lot Size2.64 acres

Building Information

Year Built1977

Land Information

APN6835
Land UseResidential
Legal DescriptionTR: 10 SUBD: WOODLAND ACRES LOCCD:108
Census Tract950500
Assessed Land Value$101,900
Assessed Improvement Value$308,910
Assessment Year2025

About this property

Welcome to 204 Co Rd 4018 in Lampasas, Texas, a beautifully converted garage home that perfectly blends comfort and functionality. This charming residence features 3 spacious bedrooms and 2.5 bathrooms, making it an ideal choice for families or those looking for extra space.Step inside and be greeted by a warm and inviting atmosphere, highlighted by custom built-ins and a new cozy fireplace that sets the tone for relaxation, including custom firewood box. The floor plan seamlessly connects the living areas, making it perfect for entertaining or enjoying quality time with loved ones. The well-appointed kitchen boasts a Jenair stove, ensuring that culinary enthusiasts have everything they need to create gourmet meals. The homes central AC and heating system, installed just three years ago, guarantee year-round comfort. You'll appreciate the convenience of two hot water heaters, ensuring that everyone in the household enjoys warm showers without a hitch. Retreat to the master suite, which features two walk-in closets and an ensuite bath for added privacy with your own door to outside. The additional bedrooms are generously sized and perfect for family members or guests.Step outside to your private backyard oasis, where you can unwind and entertain in style. The outdoor entertainment area, complete with a refreshing swimming pool with a water slide—equipped with newer equipment and a liner—creates the perfect setting for summer barbecues and gatherings.Situated in an established neighborhood, this home is conveniently located near Lampasas High School, making the morning school run a breeze. With easy access to highways and nearby entertainment options, you’ll enjoy the ideal balance of convenience and tranquility.Additionally, the HOA covers private water and garbage services, adding to the ease of living in this wonderful community. Don’t miss your chance to make this your new home—schedule a viewing today! (new LVP being put in bedrooms)

Investor Tools

$283,009Estimated Mortgage Balance
$137,991Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,492 /month
Positive
Cash Flow Estimate:
$1,164 /month

Interested in this property?

Amy Wagner

Homestead Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,919
$410,810
2025
$101,900
$308,910
$410,810
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,919
$410,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Texas Bank
Unknown
$300,000
No
First
Apr 11, 2023
Apr 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,009
$137,991
32%
67%
$1,799/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lampasas

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