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$433,560

NAL Estimated Property Value

508 S Walnut Street, Lampasas, TX, 76550

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,578 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.67 / sqft
Year BuiltBuilt in 1896

Property Lead Type:

Off-Market ListHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Gas Range, Refrigerator
FlooringTile, Wood

Exterior

Lot Size17,555 sqft

Building Information

Garage Spaces2

Land Information

APN1238
Lot Number1,2
Land UseResidential
Legal DescriptionLOT: LOTS 1 & 2 BLK: 20 ADDN: L S C 1ST LOCCD:94
Census Tract950500
Assessed Land Value$44,930
Assessed Improvement Value$388,630
Assessment Year2025

About this property

A Timeless Treasure in the Heart of Lampasas. This beautifully restored historic home stands as a proud sentinel of Lampasas’ rich heritage. Just steps from the charming downtown square, it tells the story of generations — whispered through its original hardwood floors, ornate trim, and grand front porch. Built in the late 1800s, this stately residence has seen lifetimes unfold within its walls — family gatherings, celebrations, quiet mornings, and lively front-porch conversations. Every inch has been thoughtfully restored, honoring its historic character while seamlessly blending in modern comforts. High ceilings, hand-crafted woodwork, and vintage transoms echo the craftsmanship of a bygone era, while updated systems ensure it’s ready for the next chapter. Whether you envision it as a warm and inviting family home, an elegant professional office space, or a charming bed and breakfast, this property offers a rare flexibility. Spacious rooms full of natural light invite creativity, comfort, and community. Guests or clients will be captivated by its history — and the peaceful beauty of its towering presence amid the trees. This is more than just a house. It’s a living piece of Lampasas — lovingly restored and ready to write its next story.

Investor Tools

Property Icon
$433,560
Estimated Property Value
$0Estimated Mortgage Balance
$433,560Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,508
$433,560
2025
$44,930
$388,630
$433,560
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,508
$433,560

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$433,560
100%
0%
$0/mo

City: Lampasas

508 S Walnut Street | Property Details | No Agent List