1502 E 4th ST, Lampasas TX 76550

Lampasas, TX 76550 | John Burleson

Ed's Opinion of Value

$138,060 Ed's Estimate: $391,840 $595,000
Lowest Comp Recommended List: $488,000 to $531,000 Highest Comp
The comparable sales data (7 recent transactions in 76550) supports an estimated value of $391,840. The data suggests a list price between $488,000 and $531,000 would attract qualified buyers without leaving money on the table. This home's position in the current 76550 market: the most affordable of 2 comparable homes on the market among comparable properties. The larger floor plan (1,094 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1901 (52 years older than comps) is factored into the value estimate. 2 similar homes are currently available in 76550, creating a buyer's market for this price range. Prices in 76550 have fallen 21.5% over the last 6 months. A similar home at 258 Private Road 4027, Lampasas TX 76550 carries an adjusted comparable value of $553,210, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 76550. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
3 Beds
4 Baths
3,182 Sq Ft
2.88 Acres
1901 Built

About This Property

Commercial Zoned 2.8 Acres with all city utilities located on busy Business Loop 254 (East 4th Street), one block from Post Office. Ideal property for commercial development or various enterprises. Property is presently grandfathered Residential. A grand 2-story turn-of the century home with 3182 square feet sits on part of the acreage. The home is on pier & beam foundation and could be relocated. Or the home on the property could be used for commercial enterprises such as a Bed & Breakfast, Restaurant...Restrictions: Yes

Location

Property Details

Property Type Residential
Cooling Central Air
Heating Central, Natural Gas
Exterior None
County Lampasas
MLS # 5092295

Listing History

MLS# 5092295 - Updated Apr 3, 2026 57 days
May 19, 2015 Off Market
Feb 3, 2015 Listed $189,000
Apr 19, 2010 Price Change $174,000

Frequently Asked Questions About 1502 E 4th ST, Lampasas TX 76550

When was 1502 E 4th ST, Lampasas TX 76550 built?

1502 E 4th ST, Lampasas TX 76550 was built in 1901.

How much does 1502 E 4th ST, Lampasas TX 76550 cost?

1502 E 4th ST, Lampasas TX 76550 sold on May 19, 2015. Contact us for sale price details.

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