GET MORE INFORMATION
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3 Beds
2 Baths
1,756 SqFt
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3 Beds
2 Baths
1,756 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,756 sqft
Subdivision John Burleson
MLS Listing ID 5790808
Sold Date 06/16/26
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1926
Tax Year 2025
Lot Size 0.567 Acres
Acres 0.567
Property Sub-Type Single Family Residence
Source actris
Property Description
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 $775/month — $9,300 annually — this unit delivers immediate cash flow from day one, with room to grow as the Lampasas rental market continues to strengthen.
The Opportunity -
Live 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.
Location
State TX
County Lampasas
Area Lp
Rooms
Main Level Bedrooms 3
Interior
Interior Features Ceiling Fan(s), Double Vanity, Soaking Tub, Storage, Walk-In Closet(s)
Heating Ceiling, Central, Natural Gas
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Linoleum, Tile, Wood
Fireplaces Number 1
Fireplaces Type Decorative, Primary Bedroom
Fireplace Y
Appliance Dishwasher, Free-Standing Gas Range, RNGHD, Refrigerator
Exterior
Exterior Feature Exterior Steps
Fence Back Yard, Chain Link, Fenced
Pool None
Community Features None
Utilities Available Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Waterfront Description None
View City, Downtown, Garden, Neighborhood
Roof Type Composition,Shingle
Accessibility None
Porch Front Porch
Total Parking Spaces 2
Private Pool No
Building
Lot Description Corner Lot, Gentle Sloping, Native Plants, Trees-Medium (20 Ft - 40 Ft)
Faces East
Foundation Pillar/Post/Pier, Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block,Wood Siding
New Construction No
Schools
Elementary Schools Hanna Springs
Middle Schools Lampasas
High Schools Lampasas
School District Lampasas Isd
Others
Restrictions City Restrictions
Ownership Fee-Simple
Acceptable Financing Cash, Conventional
Tax Rate 1.9
Listing Terms Cash, Conventional
Special Listing Condition Standard
Bought with Two Lakes Real Estate
Nearby Locations
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