510 E 4th ST, Lampasas TX 76550

Lampasas, TX 76550 | Old Town

Ed's Opinion of Value

$240,107 Ed's Estimate: $339,617 $725,000
Lowest Comp Recommended List: $329,000 to $350,000 Highest Comp
The market data from 7 similar recent sales in OLD TOWN points to a value of approximately $339,617. To sell within a reasonable timeframe at fair market value, the $329,000 to $350,000 range is where I'd position this. With 1 comparable homes on the market in OLD TOWN, this price positions the property as below the only comparable home currently on the market. The 1,817 sqft size difference versus comparable sales is reflected in the adjusted values. The 2000 construction puts this home 12 years older than the comp average, a factor in the pricing. Current inventory shows 1 comparable homes in OLD TOWN; a buyer's market based on recent absorption. In OLD TOWN, home values have fallen approximately 6.9% over the past 6 months. One of the strongest data points is 7 Westridge PL, Lampasas TX 76550, adjusting to $313,452; with a smaller floor plan. 7 comparable transactions in OLD TOWN support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
2 Beds
3 Baths 3 Full
3,646 Sq Ft
0.077 Acres
2000 Built
2 Garage

About This Property

Outstanding Building and Location in Lampasas TX on the Town Square! Built in 2000 this 3,000 sq ft building offers 2 stories with a little over 1,500 up and a little less than 1,500 down! The upstairs is an apartment the seller is currently occupying . Huge master suite with two bathrooms ! Stairwell leading down into the garage and it's very own private enclosed cooled balcony porch! ( the master may easily be turn back into a 2 bedroom ) Ample storage in the hall way along with a lovely pantry , laundry closet and elevator ! The kitchen , living and dining is all opened up . French doors off the living room open up to a balcony that facing the town square . Beautiful staircase leads downstairs to the Front door. As you enter the front door of building, as pictured , there are two more doors ; one for the The Downstairs ( Main Entry Level ) To the "massage parlor " ! Other is to the upstairs Apartment. Current business downstairs is on a month to month lease which will terminate in Feb 2023 unless new owner see different . Otherwise A 30 day notice is needed for vacate. This beautiful building on the town square offers many different possibility for living and investment opportunities in Lampasas , TX.

Location

Schools

School District Lampasas ISD
Elementary Hanna Springs
Middle School Lampasas
High School Lampasas

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air, Wall/Window Unit(s)
Heating Central
County Lampasas
MLS # 3210412
Garage 2 spaces

Listing History

MLS# 3210412 5 days
Sep 27, 2021 Off Market
Aug 31, 2021 Listed $475,000

Frequently Asked Questions About 510 E 4th ST, Lampasas TX 76550

When was 510 E 4th ST, Lampasas TX 76550 built?

510 E 4th ST, Lampasas TX 76550 was built in 2000.

How much does 510 E 4th ST, Lampasas TX 76550 cost?

510 E 4th ST, Lampasas TX 76550 sold on September 27, 2021. Contact us for sale price details.

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