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$282,500 Just Listed
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Property Description
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
Full Property Details for 503 E Ave G
General
- Price: $282,500
- Status: Active
- Type: Single Family
- Source: Central_Texas_MLS
- MLS ID: 607060
- Updated: 3/11/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 1
- Interior Features: Ceiling Fan(s), Multiple Living Areas, Tub Shower, Eat-in Kitchen, Kitchen/Dining Combo
- Fireplace(s): None
- Appliances: Dishwasher, Electric Range, Gas Range, Multiple Water Heaters, Refrigerator
- Flooring: Concrete, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Exterior
- Exterior Features: Porch
- Porch/Patio/Deck: Covered, Porch
Location
- County: Lampasas
- 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, 2 Units
- Heating Type: Central, Electric, Multiple Heating Units, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Architectural Style: None
- Construction: Stone Veneer, Vinyl Siding
- Roof: Composition, Shingle
- 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): 0.29
- Frontage: City Street
- Fencing (Description): Chain Link
Financial Considerations
- Terms: Conventional, FHA, Texas Vet, USDA Loan, VA Loan
Disclosures and Reports
- Legal Description: WITCHER & WILLETT'S ADDITION, BLOCK 4, LOT 2 & 3 (PT ABND ALLEY), ACRES .29
- Property ID: 2898
- Block: 4
- Lot Number: 2
Listed by Jim Wright Company
Get Pre-Approved Today
Schools
Schools serving 503 E Ave G
School District:Lampasas Independent School District
| Name | Grades | Distance |
|---|---|---|
Hanna Springs Elementary School 604 East Avenue F, Lampasas, TX 76550 | PK-5 | 0.2 mi |
Lampasas Middle School 902 South Broad Street, Lampasas, TX 76550 | 6-8 | 1 mi |
Lampasas High School 2716 S Hwy 281, Lampasas, TX 76550 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 503 E Ave G
Date
Details
Price
Change
Source
3/11/2026
Listed
$282,500
—
MLS
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
Tax History for 503 E Ave G
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,544
-22%
$211,690
-16%
2022
$1,991
—
$253,090
-3%
2022
$1,991
—
$259,620
17%
2022
$1,991
-5%
$221,690
92%
2021
$2,095
-11%
$115,190
18%
2020
$2,357
-2%
$97,310
3%
2018
$2,394
5%
$94,880
5%
2017
$2,289
1%
$90,730
—
2016
$2,263
—
$90,730
—
2015
$2,254
-3%
$90,730
-4%
2019
$2,312
2%
$94,880
5%
2013
$2,263
30%
$90,730
—
2012
$1,735
—
$90,730
—
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
Estimate the Cost for 503 E Ave G
503 E Avenue G, Lampasas, TX 76550 (MLS# 607060) 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 March 11, 2026. 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.

