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$335,000

501 S Howe Street, Lampasas, TX, 76550

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,903 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.17 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1.5Bathrooms 1.5
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Other, Refrigerator, Water Heater, Microwave, Range
FlooringCeramic Tile, Vinyl, Wood

Exterior

Lot Size19,602 sqft

Land Information

APN11018
Land UseResidential
Legal DescriptionACR: 0.45 ACRE OL17 ABST: 0419 SURV: L H W JOHNSON LOCCD:66
Census Tract950500
Assessed Land Value$27,000
Assessed Improvement Value$258,720
Assessment Year2025

About this property

BACK ON THE MARKET DUE TO UNMET CONTINGENCY: This Craftsman Ranch style home has the perfect blend of location, amenities and modern upgrades. The house has been beautifully restyled by a master builder to create a space where old charm meets new home necessities. The new home amenities of the completely redone kitchen area and the high-end shower/tub enclosure, and the old charm of the original and newly restored hardwood floors are stunning create the perfect balance of Lampasas Charm! Featuring over 1/2 an acre of space, the property goes beyond the fence, as seen in the pictures. The laundry/utility room has both washer/dryer connections and an area for a secondary refrigerator/freezer with a water line! This beautifully designed home is ready for new owners to appreciate the finer things this home brings to the market. Watch for OPEN HOUSES! This home is a MUST SEE TODAY!

Investor Tools

Property Icon
$335,000
Estimated Property Value
$0Estimated Mortgage Balance
$48,551Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,495
$285,720
2025
$27,000
$258,720
$285,720
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,495
$285,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$290,700
No
First
Jul 16, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,449
$48,551
14%
86%
$1,743/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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501 S Howe Street | Property Details | No Agent List