407 E 1st ST, Lampasas TX 76550

Off Market

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Ed's Opinion of Value

$186,573 Ed's Estimate: $239,754 $290,341

Lowest Comp Recommended List: $157,000 to $167,000 Highest Comp

Based on 7 closed sales in OLD TOWN, the data points to a value around $239,754 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $157,000 to $167,000. Buyers shopping in OLD TOWN right now would see this as a well positioned option among 5 comparable homes. Being built in 1943 (55 years older than comps) is factored into the value estimate. Lot size matters here: 0.45 acres versus 0.28 for the typical comp. Right now, 5 similar properties are competing for buyers in OLD TOWN, listed between $145,000 and $305,000. The closest comparable sale, 407 Gamel ST, Lampasas TX 76550 at an adjusted $273,643, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus

OLD TOWN Market Trends

$312,900 Median Sold Price

$138/sqft Median $/SqFt

64 days Avg Days on Market

3 homes Active Inventory 6 mo supply

98.3% Sale-to-List Ratio

3 Sales (6 months)

Recently Sold Comparables

$273,643 adjusted 407 Gamel ST, Lampasas TX 76550 3bd / 2.0ba • 1,648 sqft • 0.4 mi Sold 1 months ago

$252,124 adjusted 509 Brown ST, Lampasas TX 76550 3bd / 2.0ba • 1,683 sqft • 0.6 mi Sold 6 months ago

$186,573 adjusted 910 E Avenue I, Lampasas TX 76550 4bd / 3.0ba • 1,570 sqft • 0.7 mi Sold 3 months ago

$232,996 adjusted 20 Snell DR, Lampasas TX 76550 3bd / 2.0ba • 1,433 sqft • 1 mi Sold 3 months ago

$290,341 adjusted 1712 E Avenue G, Lampasas TX 76550 3bd / 2.0ba • 1,514 sqft • 1 mi Sold 6 months ago

Currently on Market

$275,772 1708 E Ave G, Lampasas TX 76550 3bd / 2.0ba • 1,514 sqft • 1 mi 608 days on market

$275,772 1704 E Avenue G, Lampasas TX 76550 3bd / 2.0ba • 1,514 sqft • 1 mi 654 days on market

$275,772 1714 E Avenue G, Lampasas TX 76550 3bd / 2.0ba • 1,514 sqft • 1 mi 373 days on market

3 Beds

2 Baths 2 Full

1,636 Sq Ft

0.4463 Acres

1943 Built

About This Property

Discover this charming 1500+ square foot abode nestled on a generously sized corner lot, enveloped in lush shade. Inside, wood paneled walls and bead-board ceilings adorn the inviting space, boasting 3 bedrooms, 2 baths, an expansive living room/dining room area warmed by a fireplace, and a built-in china cabinet. The over-sized laundry room presents an opportunity for conversion into a lavish primary closet. With a basement doubling as a wine cellar, this property exudes character at every turn. Outside, relish in the spacious yard, accompanied by two storage buildings, a fenced dog run, and a plethora of majestic shade trees completing this idyllic retreat.

Features

Ceiling Fan(s)
Electric Dryer Hookup
Primary Bedroom on Main
Washer Hookup

Location

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Schools

School District Lampasas ISD

Elementary Hanna Springs

Middle School Lampasas

High School Lampasas

Property Details

Property Type Residential

Flooring Carpet, Concrete

Cooling Central Air, Electric

Heating Central, Electric

Exterior See Remarks

County Lampasas

MLS # 4536556

Tax Information

Annual Taxes $1,746 (2023)

Listing History

MLS# 4536556 10 days

Jul 22, 2024	Off Market
Jun 3, 2024	Listed		$210,000

Frequently Asked Questions About 407 E 1st ST, Lampasas TX 76550

When was 407 E 1st ST, Lampasas TX 76550 built?

407 E 1st ST, Lampasas TX 76550 was built in 1943.

How much does 407 E 1st ST, Lampasas TX 76550 cost?

407 E 1st ST, Lampasas TX 76550 sold on July 22, 2024. Contact us for sale price details.

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