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503 E Avenue G, Lampasas, TX 76550

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For Sale

$282,500

5 beds • 2 baths • 1 half baths • 2,508 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $112.64
    Price per square foot

Explore this Property

Dual Living Potential Includes Adjoining Parcel! Don t miss this unique opportunity to own a fully functional and versatile property with two homes 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: Full kitchen with eat-in dining Living room One full bathroom 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!
MLS# 562517

Courtesy Of Jim Wright Company

(254) 526-5117

Property Features

  • Amenities
    Porch
  • Appliances
    Range
  • Architecture Style
    Other
  • Exterior Type
    Stone, Stone Veneer
  • Floor Covering
    Carpet, Concrete, Tile
  • Lot Size
    0.48 Acres

Map and Directions

Directions to 503 E Avenue G, Lampasas, TX 76550

Home seller CENTURY 21 Stribling Properties

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CENTURY 21 Stribling Properties

(512) 863-0021
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Copyright © 2025 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.