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$324,000

NAL Estimated Property Value

6160 E Highway 190, Lampasas, TX, 76550

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,193 Sq Ft
price_per_sqft$432.74 / sqft
Year BuiltBuilt in 2002

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringTile, Wood

Exterior

Lot Size1 acre

Building Information

Year Built2002

Land Information

APN18709
Lot Number2
Land UseResidential
Legal DescriptionLT: PT OF LOT 2 ADDN: COUNTRY HILLS LOCCD:108
Census Tract950302
Assessed Land Value$17,860
Assessed Improvement Value$299,260
Assessment Year2025

About this property

Commercial acreage on E. US Hwy 190 between Lampasas and Kempner. The property consists of 9.57 acres with approx. 1000 ft of highway frontage, a 2432 SF residence, a 1232 SF office, and a 960 SF workshop. The purchase price includes the C-Tex Steel and Leland Building Dealership at the location. All display buildings are owned by Leland and C-Tex Steel. C-Tex Steel is one of the largest metal building companies in Texas. The office building is 1232 SF and includes full bathroom, kitchen, large open office, 3D configuration software for easy ordering, and sunroom entry. The primary residence is a three bedroom, three bath custom, low maintenance home with a 400 SF inground pool, 400 SF pool house, outdoor bathroom, 400 SF guest house, 8 X 16 greenhouse, wood privacy fence, hot tub, water wall feature, propane fire pit, modern chicken coop, and more. The workshop is 24 X 40 w/ rollup doors and storage loft.

Investor Tools

Property Icon
$324,000
Estimated Property Value
$0Estimated Mortgage Balance
$324,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,694 /month
Positive
Cash Flow Estimate:
$1,898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$546/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,932
$317,120
2025
$17,860
$299,260
$317,120
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,932
$317,120

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$403,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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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6160 E Highway 190 | Property Details | No Agent List