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Status: Active

503 E Avenue G 
Lampasas, TX 76550

$282,500

------/mo*
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Dual Living Potential – Includes Adjoining Parcel! Don’t miss this unique opportunity to own a fully functional and versatile property with two homes perfect for multigenerational living, Airbnb, or Bed & Breakfast use! This charming home includes the adjoining parcel (MLS 591263), bringing the total lot size to 0.48 acres. **Main Home Features: • 4 spacious bedrooms & 1 full bathroom • Large kitchen & dining area — perfect for family gatherings • Separate laundry room with washer/dryer hookups • Natural gas appliances for energy-efficient living • Brand-new wood-style flooring throughout • Plenty of front lawn space for RV or boat parking **Breezeway & Secondary Living Space: A breezeway connects the main home to a secondary building offering great flexibility: • Lower level currently used as a utility/workshop/office space with washer/dryer connections — could be converted to additional living or entertaining space • Upper level is a 1-bedroom apartment featuring: • Full kitchen with eat-in dining • Living room • One full bathroom • All-electric utilities **Location Highlights: • Directly across from a city park • Just a short walk to Cooper Spring Nature Park • Convenient and quiet location with strong potential for short-term rental income. *****Whether you're looking for a personal residence with room for extended family, or a turn-key investment with income potential, this property offers endless possibilities. Schedule a tour today to explore the full potential!
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Bedrooms
5
Baths
2.5
House Size
2,508 sqft
Lot Size
0.48 ac
School District
Lampasas ISD

Location

Market Insights

In the last 30 days, homes for sale in 76550, Lampasas, TX were on the market for a median of 82 days and 16.67% of homes sold above list price.

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Interior Information

appliances
Range
cooling
Central Air
Electric
features
Eat-in Kitchen
fireplace
None
flooring
Carpet
Concrete
Tile
heating
Natural Gas
Central
Electric
laundry features
Washer Hookup
Electric Dryer Hookup
Gas Dryer Hookup
Inside
Laundry Room
view
None

Exterior Information

features
Balcony
fence
Back Yard
Chain Link
Front Yard
road surface
Asphalt
roof
Composition
Shingle

Property Information

architectural style
None
community
None
Park
construction
Frame
Stone
Stone Veneer
foundation
Slab
sewer
Public Sewer
subdivision name
Witcher & Willetts
utilities
Electricity Available
Natural Gas Available
water source
Public
  • Listed By Molly Repasch
  • (254) 526-5117
  • Jim Wright Company
  • (254) 526-5117
  • jim@jwcrentals.com
  • MLS 562517

Monthly Payments Calculator

Estimated Monthly Cost

$1,924

30 year fixed·6.9% interest rate
Principal & Interest
$1,488
Property Taxes
$235
Home Insurance
$200
HOA Fees
$0
%

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%
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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