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$282,500

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,508 Sq. Ft.
  • 0.48 Acres
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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!

Full Property Details for 503 E Ave G

General

  • Price: $282,500
  • Status: Active
  • Type: Single Family
  • Source: Central_Texas_MLS
  • MLS ID: 562517
  • Updated: 9/30/2025
  • Added to Site: 417 day(s) ago

Interior

  • Number of Rooms: 1
  • Interior Features: Kitchen/Dining Combo, Tub Shower, Vanity, Eat-in Kitchen
  • Fireplace(s): None
  • Appliances: Multiple Water Heaters, Some Electric Appliances, Some Gas Appliances, Range
  • Flooring: Carpet, Concrete, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room

Exterior

  • Exterior Features: Balcony, Porch
  • Porch/Patio/Deck: Balcony, Covered, Porch

Location

  • County: Lampasas
  • Subdivision: Witcher & Willetts
  • Driving Directions: At the intersection of N. Key Ave and E North Ave turn east onto E North Ave, take a left on Western Ave that turns into Campbell St., continue north until you see E. Ave G. Turn right on E. Ave G. The home is the first driveway on the left (north side of street).

School Information

  • Elem School District: Lampasas ISD
  • Midd School District: Lampasas ISD
  • High School District: Lampasas ISD

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric, 2 Units
  • Heating Type: Central, Electric, Multiple Heating Units, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Natural Gas Available

Structural Information

  • Architectural Style: None
  • Construction: Frame, Stone, Stone Veneer
  • Roof: Composition, Shingle
  • Stories/Levels: 1
  • Square Feet: 2,508
  • Sq. Ft. Source: Appraiser
  • Living Area: 2,508 Sq. Ft.
  • Year Built Source: Assessor
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 0.48
  • Frontage: City Street, Asphalt
  • Fencing (Description): Back Yard, Chain Link, Front Yard

Financial Considerations

  • Terms: Cash, Conventional, FHA, Texas Vet, USDA Loan, VA Loan

Disclosures and Reports

  • Documents Avail.: Disclosure(s), Seller's Property Disclosure
  • Legal Description: LOT: 2 & 3 & W 8 FT L4 AND ( PT OF ABND ALLEY) BLK: 4 ADDN:WITCHER AND WILLETTS
  • Property ID: 2898
  • Block: 4
  • Lot Number: 2

Listed by Jim Wright Company

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Listing agent

— 503 E Ave G —

  • Jim Wright Company

(254) 526-5117

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 503 E Ave G

School District:Lampasas Independent School District
NameGradesDistance
Hanna Springs Elementary School
604 East Avenue F, Lampasas, TX 76550
PK-50.2 mi
Lampasas Middle School
902 South Broad Street, Lampasas, TX 76550
6-81.1 mi
Lampasas High School
2716 S Hwy 281, Lampasas, TX 76550
9-122.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 503 E Ave G Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/10/2025
Price Reduced
$282,500
-15.67%
MLS
11/26/2024
Listed
$335,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 503 E Ave G

Year
Property Taxes
Change
Tax Assessment
Change
2025
$285
5%
$15,050
—
2022
$271
—
$15,050
17%
2022
$271
2%
$12,900
9%
2021
$265
2%
$11,830
10%
2020
$260
-4%
$10,750
—
2018
$271
62%
$10,750
63%
2017
$167
1%
$6,600
—
2016
$165
1%
$6,600
—
2015
$164
-37%
$6,600
-39%
2019
$262
59%
$10,750
63%
2013
$165
1%
$6,600
—
2012
$163
—
$6,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 503 E Ave G

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Jim Wright Company

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503 E Avenue G, Lampasas, TX 76550 (MLS# 562517) is a Single Family property with 5 bedrooms, 2 full bathrooms and 1 partial bathroom. 503 E Avenue G is currently listed for $282,500 and was received on November 26, 2024. Want to learn more about 503 E Avenue G? Do you have questions about finding other Single Family real estate for sale in Lampasas? You can browse all Lampasas real estate or contact a Coldwell Banker agent to request more information.

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