One of the most compelling opportunities in Lampasas, this 1930s character home combines classic craftsmanship with serious income potential. Set on a generous 0.57- acre lot, this property offers two residences. The main home features 3 bedrooms, 2 baths, and 1,756 sq ft of inviting living space with hardwood floors, tile accents, and the kind of solid construction that simply isnt found in newer builds. Updated for modern comfort with forced-air gas heating, washer/dryer hookups, side-by-side refrigerator, and dishwasher included.The garage apartment is the income-producing gem of this property. Completely remodeled in 2018, this bright 1-bedroom, 1-bath unit offers approximately 500 sq ft of thoughtfully finished living space with its own washer/dryer hookups ? the kind of turnkey setup that attracts quality, long-term tenants. Currently tenant-occupied and generating $750/month ? $9,000 annually ? this unit delivers immediate cash flow from day one, with room to grow as the Lampasas rental market continues to strengthen.The OpportunityLive in the main home and utilize the garage apartment to offset your mortgage. Two properties on one lot are rare in this market.Offered at $299,500 as-is, this property is priced to reflect its condition and presents a wonderful opportunity for a buyer ready to add their personal touch while enjoying immediate rental income from the additional dwelling.
Listed By
Agency Name: Harrell & Assoc. Real Estate
Agency Contact: (512) 556-3131
Shown By
Agent Name: Hodge Team
Agent Phone: (512) 947-0794
Agency Title: Realty Capital City
Estimated Payment
$ 1,134.33 per month $666.56 Principal & Interest $380.42 Property Tax $87.35 Homeowner's Insurance
1301 Taylor St | MLS# 5790808
This single family home located at 1301 Taylor St, Lampasas, TX 76550 is currently listed for sale with an asking price of $299,500. This property was built in 1926 and has 3 bedrooms and 2 full baths with 1756 sq. ft. Taylor St is located in the John Burleson subdivision within the Lampasas ISD school district. Search John Burleson real estate on hodgeteam.rmcapitalcity.com today.