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
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$210,140

NAL Estimated Property Value

601 W 5th St, Lampasas, TX, 76550

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,383 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.46 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Microwave, Oven, Free-Standing Electric Range, Electric Water Heater
FlooringLaminate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden
Lot Size8,973 sqft

Building Information

Garage Spaces2

Land Information

APN2289
Lot Number1-2,10
Land UseResidential
Legal DescriptionPARK ADDITION, BLOCK 2 (AMENDED E 1/2 LOT 1&2), LOT 10, LOCCD:94, ACRES .206
Census Tract950500
Assessed Land Value$26,910
Assessed Improvement Value$183,230
Assessment Year2025

About this property

Welcome to 601 W 5th Street in the heart of Lampasas, Texas! Built in 1950, this lovely home boasts a great layout! With three bedrooms, two full bathrooms, and a large office - there's plenty of room for all! When you walk through the front door, you'll enter into the cozy living room that opens up into the dining area. The private kitchen is nestled just off of the dining area - truly in the heart of the home! The kitchen layout is a great use of space with nice upgrades. Off of the kitchen, you'll also find a large laundry room that offers an ample amount of built-in storage - you can never have too many cabinets! On the other side of the kitchen, you'll enter into a long hallway where all the bedrooms and bathrooms are located. The primary suite offers a fully remodeled en-suite bathroom - the shower is fabulous! Both guest rooms are a great size with walk-in closets! Something that cannot go unnoticed is the large detached 2+ car garage with improved attic space! With this large of a garage, there is no project that can't be completed! This corner property includes three large city lots, in a quiet established neighborhood. Located less than five minutes from HEB, great dining and the highly rated schools - come check out this awesome home in one of Texas' fastest growing towns!

Investor Tools

Property Icon
$210,140
Estimated Property Value
$274,990Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /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
$180/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,112
$210,140
2025
$26,910
$183,230
$210,140
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,112
$210,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City National Bank
Purchase Money Mortgage
$150,000
No
First
Nov 15, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,990
N/A
0%
131%
$1,800/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

601 W 5th St | Property Details | No Agent List