503 E Avenue G - Apartments FOR SALE


Lampasas, TX 76550
$335,000 USD
254-289-3145
503 E Avenue G, Lampasas, TX for Sale
$335,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

503 E Avenue G
Lampasas, TX 76550


OVERVIEW

Investment Opportunity with Dual Living Potential – Includes Adjoining Parcel! Don’t miss this unique opportunity to own a versatile property 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: o Full kitchen with eat-in dining o Living room o One full bathroom o 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! **Note: Year built not accurate.

FOR SALE DETAILS

PRICE

$335,000 USD

PRICE/SF

$134 USD /SF

# OF UNITS

2

PRICE/UNIT

$167,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

2899

ASK ABOUT THIS PROPERTY

Jim Wright, CCIMJim Wright CompanyMore Info
254-289-3145

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Jim Wright, CCIMJim Wright CompanyMore Info
254-289-3145

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.