$160,000
$15K PRICE DROP

301 Cedar St Unit A Lometa, TX 76853

Estimated payment $919/month

Total Views 5,903
4 Beds
4 Baths
2,400 Sq Ft
$67 Price per Sq Ft

Highlights

  • 1-Story Property
  • Wood Siding
  • Heating Available

About This Home

This is a TURNKEY INVESTMENT PROPERTY.... There are 4 cabins, of which 3 have tenants now! The 4th cabin has just been revamped and is ready to rent. The cabins are two rooms each. There is a kitchen - living room, a bedroom and a full bath. They are heated and cooled with a Mini split and they are all electric. Each unit has a porch. There is enough room to build more units on the property. Property is located very near the heart of Lometa and not far from the school.

Listing Agent

Deryl Hoyt

Hoyt Real Estate Brokerage Phone: 325-205-0601 License #0523929 Listed on: 11/27/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $909

Year Built

  • Built in 2014

Lot Details

  • 0.3 Acre Lot

Parking

  • Gravel Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Laminate Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Lometa Elementary School
  • Lometa High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 16
  • Assessor Parcel Number 6964

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • 2,400 Sq Ft Building
  • Fulton Subdivision

Building Details

  • Gross Income $21,000
  • Net Operating Income $13,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$909

Year Built

Built in 2014

Lot Details

0

Listing Details

  • OWNERNAME: 2020 D & H
  • Property Type: Residential Income
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 325-205-0601
  • CapRate: 8.5
  • Co List Office Mls Id: SSHRE
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48281:6964
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 2014

Interior Features

  • Interior Amenities: Other
  • Flooring: Laminate
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction Materials: Wood Siding
  • Pool Features: None
  • RoadSurfaceType: Gravel

Garage/Parking

  • Cooling System: Wall Unit(s)
  • Parking Features: Gravel

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Utilities: Electricity Connected, Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Lometa
  • High School: Lometa
  • Junior High Dist: Lometa ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.303
  • Parcel Number: 6964
  • Lot Size Acres: 0.303
  • Lot Size Sq Ft: 13198.68

Building Info

  • Year Built: 2014
  • Units Total: 4
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 1800.0
  • Annual Gross Income: 21000.0
  • Property Net Operating Income: 13600.0

Tax Info

  • TaxBlock: 16
  • Tax Lot: 1
  • Tax Annual Amount: 909.0

MLS Schools

  • MiddleOrJuniorSchool: Lometa

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 Price Changed $160,000 -8.6% $67 / Sq Ft
12/02/2024 12/02/24 For Sale $175,000 -- $73 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20786804

North Texas Real Estate Information Systems (NTREIS)
Texas Lampasas County Lometa 76853

301 Cedar St Unit A, Lometa, TX

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

Nearby Homes
Listing Agent
Deryl Hoyt
Section Image
Hoyt Real Estate
(737) 321-4822