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$866,000

NAL Estimated Property Value

401 W 4th Street, Lampasas, TX, 76550

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.35 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Range
FlooringBrick, Hardwood, Tile

Exterior

Exterior FeaturesOther
Lot Size17,947 sqft

Building Information

Year Built1920
Garage Spaces1

Land Information

APN1280
Lot Number1,2
Land UseResidential
Legal DescriptionLOT: LOTS 1-2 BLK: 26 ADDN: L S C 1ST LOCCD:94
Census Tract950500
Assessed Land Value$45,750
Assessed Improvement Value$710,060
Assessment Year2025

About this property

Situated on a prominent corner lot and framed by majestic heritage oaks, this exquisite and unique 1920 Craftsman-era residence is a standout among Lampasas' historical homes. The home has been meticulously and proudly restored, a true testament to luxurious living with its perfect blend of comfort and elegance. Spanning 4,140 square feet, the main level welcomes you into a stunning foyer defined by rich, walnut-toned walls, coffered ceilings, a grand staircase, and elegant light fixtures. A sophisticated library with a fireplace is to your right, with a formal dining room to your left. The fully remodeled and updated kitchen is the heart of the home, featuring stainless steel appliances, granite countertops, and a fully restored and operational Chambers gas range. A sunroom and pantry extend from the kitchen, which also adjoins a cozy sitting room. The first floor includes one bedroom and one and a half bathrooms, while the unique double staircase leads to the second level, which houses four bedrooms and three full bathrooms. Unlike most historical homes, this property's 720 Sq ft basement is fully functional and well-lit, making it an ideal space for a hobbyist, wine collection, personal gym or game room. Additional lodging includes a 400-square-foot guest apartment located above the enclosed garage, providing a comfortable & charming space for visitors, complete with a full kitchen, full restroom, and plenty of natural light. The oversized patios, verandas, and covered porches further contribute to the home's remarkable character and appeal. Imagine yourself owning this impressive estate. Homes such as this are a rare find.

Investor Tools

Property Icon
$866,000
Estimated Property Value
$0Estimated Mortgage Balance
$866,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$736/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,505
$755,810
2025
$45,750
$710,060
$755,810
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,505
$755,810

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$866,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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401 W 4th Street | Property Details | No Agent List