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B+
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$80,000

206 W Avenue B, Lampasas, TX, 76550

$83,572 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,240 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$64.52 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Range, Electric Water Heater, Microwave, Oven, Refrigerator, Water Heater, Some Electric Appliances
FlooringLaminate, Luxury Vinyl Plank, Wood

Exterior

Exterior FeaturesPorch, Storage
Lot Size4,487 sqft

Building Information

Year Built1946
Garage Spaces1

Land Information

APN1207
Land UseResidential
Legal DescriptionLOT: E 1/2 5 BLK: 14 L S C 1ST LOCCD:94
Census Tract950400
Assessed Land Value$5,020
Assessed Improvement Value$142,040
Assessment Year2025

About this property

Great Investment Opportunity in Lampasas! Situated in the heart of Lampasas, this 3-bedroom, 1-bath property offers 1,240 square feet and plenty of possibilities. The home features an attached garage and additional carport, providing ample covered parking. Served by city utilities, this property is a great option for an investor seeking their next project or someone looking for a home with potential to renovate and make their own. With its central location and spacious floor plan, there is room to bring fresh ideas, modern updates, and personal touches. Conveniently located near local schools, shopping, dining, parks, and everything downtown Lampasas has to offer. A property with this combination of size, location, and potential is worth a closer look!

Investor Tools

$22,090Estimated Mortgage Balance
$136,910Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$83,572
Rent-to-Value Ratio: 0.72%
Rent Estimate
$954 /month
Positive
Cash Flow Estimate:
$318 /month

Interested in this property?

Toni Salazar

EG Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$745
$147,060
2025
$5,020
$142,040
$147,060
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$745
$147,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lampasas Realty Holdings, Llc
Unknown
$68,000
No
First
Feb 24, 2015
Mar 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,090
$136,910
86%
14%
$0/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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206 W Avenue B | Property Details | No Agent List