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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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505 1/2 S Main St S , Lampasas, TX 76550
$49,900
Est. Payment: $250.59/mo
2 Bed
1 Bath
704 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder

House Description

INVESTORS!! Look at this Charming 1889 Historic Fixer-Upper!! Step back in time with this turn-of-the-century cottage built in 1889, located right in the heart of Lampasas. Location! Location! Location! This unique historic property perfectly blends vintage character with functional spaces. It needs work...but inside, you will find a living room with gas fireplace, complemented by an optional gas furnace capable of heating the entire home. The layout features a full-size primary bedroom, kitchen and dining room combo, and a quiet study nook perfect for computer room or reading. The north side of the cottage includes a bathroom, a dedicated laundry room, and a secondary room, that could be bedroom or office space. The exterior has a completely fenced yard with a old water well from days gone by. Whether you are looking for a unique weekend getaway, a personal residence, or an income-producing asset, this property offers incredible potential. The property makes a fantastic candidate for a boutique bed and breakfast or a long-term rental investment. Don't let this rare historic opportunity get away!

Highlights

Listed by Audrey Bear , (512) 525-9321 Bear Real Estate Services , (512) 556-9321. Austin MLS mls logo

Property Type

Residential

Year Built

1889

County

Lampasas

Area

LP

Neighborhood

AH Barnes

School District

Lampasas ISD

Listing ID

5362747

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Microwave, Oven, Refrigerator, See Remarks
Floor:Laminate
Other:Beamed Ceilings,Open Beams/Beamed Ceailings,Main Level Primary,No Interior Steps,See Remarks
Other:Public

Exterior Features

Lot Dimensions:0.10
Roof:Metal
Others:Exterior Steps,Resale
Sewer:Public Sewer
Parking Features:Carport
Principal Interest
$251
Taxes
$32

Home Price

$49,900

Loan Details

30 yrs
6.434%

Down Payment

20%
$9,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$250.59

Principal

Taxes

Principal Taxes HOA Total
Monthly $250.59 $31.81 $0.00 $282.40
Yearly $3,007.10 $381.74 $0.00 $3,388.83
Total $90,212.88 $11,452.05 $0.00 $101,664.93

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Lampasas, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-07-17T15:20:32.000Z

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