503 E Avenue G, Lampasas, TX 76550
Local realty services provided by:ERA Experts
Listed by: molly repasch
Office: jim wright company
MLS#:562517
Source:TX_FRAR
Price summary
- Price:$282,500
- Price per sq. ft.:$112.64
About this home
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!
Contact an agent
Home facts
- Listing ID #:562517
- Added:354 day(s) ago
- Updated:November 16, 2025 at 03:12 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:2
- Living area:2,508 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric, Multiple Heating Units, Natural Gas
Structure and exterior
- Roof:Composition, Shingle
- Building area:2,508 sq. ft.
- Lot area:0.48 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$282,500
- Price per sq. ft.:$112.64
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