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$40,000 Just Listed
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Property Description
Investor special in Lometa, TX! Situated on a corner lot, this property offers solid potential for the right buyer ready to bring their vision to life. The home features a functional layout with existing cabinetry, signs of original flooring, and multiple windows providing natural light throughout. Exterior shows opportunity for improvement, with siding and trim needing attention. Interior will require significant updates, including ceiling repairs, flooring, cosmetic finishes, and likely full kitchen and bathroom renovations. The condition of the roof is unknown and may require replacement. HVAC is not present. Outbuildings on the property provide additional storage or workspace options. Located in a quiet neighborhood just minutes from local amenities, this property offers both convenience and upside. Ideal for investors, flippers, or buyers looking for a project. Property is being sold as-is. Cash buyers only. Property condition is not suitable for financing. Buyer to verify all information and complete all due diligence. Priced to sell-don't miss this opportunity!
Full Property Details
Full Property Details for 507 S 7th St
General
- Price: $40,000
- Status: Active
- Type: Single Family
- Source: Central_Texas_MLS
- MLS ID: 610679
- Updated: 4/15/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Tub Shower, Solid Surface Counters
- Fireplace(s): Other, See Remarks
- Appliances: Water Heater
- Flooring: Carpet, Hardwood, Parquet
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Location
- County: Lampasas
- Subdivision: Lometa
- Driving Directions: From Lampasas head North on S Key Ave/N U.S Hwy 281, slight left onto US-183 N/US-190 W towards Lometa, turn right onto Oak St, turn right onto 7th St, house is on the right
School Information
- Elem School District: Lometa ISD
- Midd School District: Lometa ISD
- High School District: Lometa ISD
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Water: Public
- Utility Description: Electricity Available, Other, See Remarks
Structural Information
- Architectural Style: Traditional
- Construction: Lap Siding, Wood Siding
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 1,012
- Sq. Ft. Source: Appraiser
- Living Area: 1,012 Sq. Ft.
- Year Built Source: Assessor
- Property Condition: Resale
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.39
- Frontage: City Street, Paved
- Fencing (Description): Chain Link
Financial Considerations
- Terms: Cash
Disclosures and Reports
- Documents Avail.: Disclosure(s), Seller's Property Disclosure
- Legal Description: LOT: 1 BLK: 24 ADDN: LOMETA
- Property ID: 7162
- Block: 24
- Lot Number: 1
Listed by Homestead Real Estate
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Price & Sales History for 507 S 7th St
Date
Details
Price
Change
Source
4/15/2026
Listed
$40,000
—
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 507 S 7th St
507 S 7th Street, Lometa, TX 76853 (MLS# 610679) is a Single Family property with 2 bedrooms and 1 full bathroom. 507 S 7th Street is currently listed for $40,000 and was received on April 15, 2026. Want to learn more about 507 S 7th Street? Do you have questions about finding other Single Family real estate for sale in Lometa? You can browse all Lometa real estate or contact a Coldwell Banker agent to request more information.

