$110,280
NAL Estimated Property Value513 E 3rd St, Lampasas, TX, 76550
$143,364 ARV
Off Market
Commercial
Highlights
Interior
FlooringWood
Exterior
Lot Size2,962 sqft
Building Information
Year Built1920
Land Information
APN2174
Lot Number7
Land UseCommercial
Legal DescriptionLOT: WEST OR MIDDLE 1/3 OF LOT 7 BLK: 11 ADDN: OLD TOWN LOCCD:94
Census Tract950400
Assessed Land Value$13,800
Assessed Improvement Value$96,480
Assessment Year2025
About this property
Ultimate remodel opportunity! Just over 3200 square feet on the square in downtown Lampasas overlooking the stunning downtown Lampasas County Courthouse. The two story commercial building could be an incredible opportunity for a creative live/ work space with soaring ceilings and unlimited opportunity only a short drive from Austin, Texas. The building was on the Sanborn Maps in 1885 and is located in the Central Business district. ** Please note that AC units will need to be replaced **
Investor Tools
$110,280
Estimated Property Value
$0Estimated Mortgage Balance
$110,280Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$143,364
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,225
$110,280
2025
$13,800
$96,480
$110,280
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,225
$110,280
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$110,280
100%
0%
$0/mo
