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$475,790

204 S Race St, Lampasas, TX, 76550

$509,728 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,832 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.22 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
AppliancesConvection Oven, Double Oven, Dishwasher, Gas Cooktop, Disposal, Range Hood, Cooktop, Microwave
FlooringLaminate, Tile

Exterior

Lot Size17,947 sqft

Building Information

Garage Spaces2

Land Information

APN1537
Land UseResidential
Legal DescriptionLOT: 3 AND 4 BLK: 67 ADDN: L S C 1ST LOCCD:94
Census Tract950500
Assessed Land Value$45,750
Assessed Improvement Value$430,040
Assessment Year2025

About this property

Beautiful mid-century modern ranch sits on two lots in town. Solid construction, beautifully designed and tastefully remodeled, with detailed features that no other home has! The grand doors open up into large open concept living space that boasts 2 family rooms each with their own fireplace and dining room and gourmet kitchen that anyone would love to spend time in. The kitchen has ridiculous amount of cabinets for storage and Appliances that would have any holiday dinner easy to go with 3 ovens, 1 microwave convection, Zero Freezer and Refrigerator that are HUGE!!! The kitchen island has gas cooktop with 2 refrigerated drawers that is in your reach while cooking! The different textiles throughout this house bring it to life! Each room has its own character. Master bedroom has sitting area with built ins and 2 walk in closets and a SPA bathroom with soaking tub and walk in shower with luxury rain heads. There is a second en suite with built ins and their own private bath and the third bedroom is grand! The laundry room has a wall of built-in storage cabinets and a half bath. As you enter the back yard the same artistic features follow the layout of the 0.40 acres with privacy fence, jacuzzi hot tub, nice, covered porch and a place to have an outdoor TV. There is a detached garage that has a office space or game room and back alley entry for additional parking and entry. This house sits on a corner lot and the Metal planter boxes and retaining walls add to its Mid Modern Beauty!

Investor Tools

Property Icon
$475,790
Estimated Property Value
$506,350Estimated Mortgage Balance
$8,203Estimated Equity
-6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$509,728
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,270 /month
Positive
Cash Flow Estimate:
$1,090 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$831/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,592
$475,790
2025
$45,750
$430,040
$475,790
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,592
$475,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$506,350
No
First
Apr 4, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$467,587
$8,203
1%
98%
$3,036/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.

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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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204 S Race St | Property Details | No Agent List