Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$221,000

NAL Estimated Property Value

500 N Willis Street, Lampasas, TX, 76550

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths200 Sq Ft
price_per_sqft$2,982.5 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDisposal, Double Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size2 acres

Building Information

Garage Spaces2

Land Information

APN18021
Land UseResidential
Legal DescriptionLOT: PT OF 4 BLK: 1 ADDN: GOFORTH ADDITION LOCCD:129
Census Tract950500
Assessed Land Value$18,300
Assessed Improvement Value$67,220
Assessment Year2025

About this property

Double gated, winding concrete driveway to the hilltop setting of this pretty home overlooking the city of Lampasas located on nearly 6 acres. 3BR/2.5B contains +/- 2,000 sq. ft. and is served by city water and sewer., huge yard, all watered by the underground sprinkler system, pipe post w/top rail and no-climb net wire fencing. There is also a large fenced garden area, and a large, shaded dog kennel area along with a small storage building. Included in this offering is the massive shop building set up to support and maintain equipment which is a 50’ x 75’ (3,750 sq. ft.) all steel main building on concrete with a connecting 30’ x 75’ (2,250 sq. ft.) shed for equipment storage that also contains the 15’ x 25’ office complex complete with 2 bathrooms (1 for the office & 1 for the shop) and a kitchenette. All completely wired throughout and plumbed with city water and it’s own dedicated septic system.

Investor Tools

Property Icon
$221,000
Estimated Property Value
$0Estimated Mortgage Balance
$221,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,579 /month
Positive
Cash Flow Estimate:
$1,193 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,830
$85,520
2025
$18,300
$67,220
$85,520
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,830
$85,520

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$221,000
100%
0%
$0/mo

City: Lampasas

500 N Willis Street | Property Details | No Agent List