This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/40
$349,900 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/40
Property Description
Welcome to this ranch-style brick home situated on a rare 1.192-acre lot in the heart of Llano, offering the perfect blend of space, comfort, and functionality. It's uncommon to find over an acre within the city limits, and this property is conveniently located adjacent to Llano Christian Academy. The lot features magnificent mature oak trees along with a variety of other established trees, creating a peaceful setting that's difficult to find. This 3-bedroom, 2-bathroom home features durable tile and laminate flooring throughout. The property is designed to accommodate a variety of lifestyles with an attached 2-car garage, an approximately 880-square-foot detached shop, and additional covered RV/boat storage. The detached shop has already been plumbed for a bathroom, offering excellent potential for conversion into a guest house, accessory dwelling unit, home office, or hobby space. Recent improvements include a newly installed whole-home generator, kitchen appliances, and a new electrical panel, providing enhanced reliability, efficiency, and peace of mind. Whether you're looking for extra space for projects, storage for recreational equipment, or the opportunity to create additional living quarters, this versatile property delivers. This home is just minutes from schools, shopping, dining, public Llano River access, and everything Llano has to offer.
Full Property Details
Full Property Details for 506 E Wallace St
General
- Price: $349,900
- Status: Active
- Type: Single Family
- Source: Highland_Lakes_MLS
- MLS ID: 178700
- Updated: 7/11/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Dishwasher, Disposal, Electric Range, Refrigerator, Washer
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 2 Car Attached Garage
Location
- County: Llano
- Subdivision: Bark Central
- Driving Directions: From the Llano Square, head south on Ford Street. Turn East on Wallace Street. Continue to the 500 block, the house will be on your right. See blue sign.
School Information
- High School District: Llano
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Wood Siding, Brick, Masonite
- Foundation: Slab
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 1,666
- Sq. Ft. Source: County Records
- Living Area: 1,666 Sq. Ft.
- Year Built: 1967
Unit Information
- Residential Units: 1
Lot Features
- Lot Size (Acres): 1.19
- Lot Size (Sq. Ft.): 51,923
- Lot Dimensions: irregular
- Frontage: Paved Road
- Fence: Yes
- Topography: Cleared Land
- Fencing (Description): Barbed Wire, Pipe, Perimeter
Water Features
- Water Front View: No
Green Features
- Energy Efficient: Ceiling Fan(s), Heat Pump
Financial Considerations
- Price Per Sq. Ft.: $210.02
Disclosures and Reports
- Legal Description: BARK CENTRAL 1.192 AC
- Property ID: 77555
Listed by Landmasters Real Estate, Natalie Virdell
Get Pre-Approved Today
Schools
Schools serving 506 E Wallace St
School District:Llano Independent School District
| Name | Grades | Distance |
|---|---|---|
Llano Elementary School 1600 Oatman Street, Llano, TX 78643 | PK-5 | 0.4 mi |
Llano J High School 400 East Highway 71, Llano, TX 78643 | 6-8 | 0.7 mi |
Llano High School 2509 Texas 16, Llano, TX 78643 | 9-12 | 1.1 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 506 E Wallace St
Date
Details
Price
Change
Source
7/10/2026
Listed
$349,900
—
MLS
Disclaimer: Historical sales 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 506 E Wallace St
506 E Wallace Street, Llano, TX 78643 (MLS# 178700) is a Single Family property with 3 bedrooms and 2 full bathrooms. 506 E Wallace Street is currently listed for $349,900 and was received on July 10, 2026. Want to learn more about 506 E Wallace Street? Do you have questions about finding other Single Family real estate for sale in Llano? You can browse all Llano real estate or contact a Coldwell Banker agent to request more information.

