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$484,000

NAL Estimated Property Value

510 E 4th St, Lampasas, TX, 76550

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths3,646 Sq Ft
price_per_sqft$130.28 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3
AppliancesDryer, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Washer
FlooringTile, Wood

Exterior

Lot Size3,354 sqft

Building Information

Year Built1900
Garage Spaces2

Land Information

APN2180
Lot Number3
Land UseCommercial
Legal DescriptionLOT: E 1/3 OF LOT 3 & 3.2 OF 2 BLK: 12 ADDN: OLD TOWN LOCCD:94
Census Tract950500
Assessed Land Value$15,720
Assessed Improvement Value$361,600
Assessment Year2025

About this property

Outstanding Building and Location in Lampasas TX on the Town Square! Built in 2000 this 3,000 sq ft building offers 2 stories with a little over 1,500 up and a little less than 1,500 down! The upstairs is an apartment the seller is currently occupying . Huge master suite with two bathrooms ! Stairwell leading down into the garage and it's very own private enclosed cooled balcony porch! ( the master may easily be turn back into a 2 bedroom ) Ample storage in the hall way along with a lovely pantry , laundry closet and elevator ! The kitchen , living and dining is all opened up . French doors off the living room open up to a balcony that facing the town square . Beautiful staircase leads downstairs to the Front door. As you enter the front door of building, as pictured , there are two more doors ; one for the The Downstairs ( Main Entry Level ) To the "massage parlor " ! Other is to the upstairs Apartment. Current business downstairs is on a month to month lease which will terminate in Feb 2023 unless new owner see different . Otherwise A 30 day notice is needed for vacate. This beautiful building on the town square offers many different possibility for living and investment opportunities in Lampasas , TX.

Investor Tools

Property Icon
$484,000
Estimated Property Value
$0Estimated Mortgage Balance
$484,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,904 /month
Positive
Cash Flow Estimate:
$968 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$798/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,151
$377,320
2025
$15,720
$361,600
$377,320
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,151
$377,320

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$522,000
100%
0%
$0/mo

City: Lampasas

510 E 4th St | Property Details | No Agent List