NOT LISTED FOR SALE

705 S Broad St Lampasas, TX 76550

-- Bed
-- Bath
5,616 Sq Ft
6,752 Sq Ft Lot

Last Sold July 08, 2019

10 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Laundry Facilities
  • Kline Whitis Elementary School Rated A-
  • Multiple cooling system units
  • Level Lot

About This Home

As of July 2019

Fantastic Updated 6 unit Complex with Common Laundry Area and Storage Facilities. 5, 2-2 Bedroom, 1 Bath Apartments and 1, 1 Bedroom Apartment. Net Operating Income of $33,600 per year Boasts a 10.5% cap rate! Updates include new paint, new handrails, new staircases and 30-year architectural roof installed all this year! Great Tenants and High Occupancy Rates! Few Rentals in Lampasas keep this complex fully occupied!

Last Agent to Sell the Property

Jodie Nobles Lopez

Noble, Realtors License #0604567 Listed on: 05/28/2019

Last Buyer's Agent

Jamie Garrett

Harrell & Assoc. Real Estate License #0478746

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 6,752 Sq Ft Lot
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 5,616 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Laminate

Parking

  • No Garage
  • Driveway Level

Utilities

  • Multiple cooling system units
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1258-1

Community Details

Overview

  • No Home Owners Association
  • L S C 1St Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Carport Y N: No
  • Directions: Starting on Highway 190, turn right onto S Key Ave, turn left onto W 6th Street, then turn left onto S Broad Street and the destination is on your left.
  • Garage Yn: No
  • Inclusions: Building(s),Land
  • Unit Levels: Two
  • Lot Size Acres: 0.155
  • Property Sub Type Additional: Multi Family
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Building Stories: 2
  • Subdivision Name: L S C 1st
  • Water Body Name: None
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Accessibility Features: Level Lot
  • Appliances: Electric Range, Disposal, Gas Water Heater, Refrigerator
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Living Area: 5616.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Brick, Wood Siding
  • Fencing: Chain Link
  • Foundation Details: Slab
  • Lot Features: Level
  • Roof: Composition, Shingle
  • View: None
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: No Garage, Driveway Level

Utilities

  • Cooling: Electric, 3+ Units
  • Cooling Y N: Yes
  • Heating: Electric, Multiple Heating Units
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Association: No
  • Community Features: None

Schools

  • Junior High Dist: Lampasas ISD

Lot Info

  • Parcel #: 1258-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 6

Range of Values:

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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 Prior Sale
07/08/2019 07/08/19 Sold -- -- --
06/08/2019 06/08/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $320,000 +60.0% $57 / Sq Ft
10/15/2018 10/15/18 Sold -- -- -- View Prior Sale
09/15/2018 09/15/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $200,000 -- $26 / Sq Ft
Source: Central Texas MLS (CTXMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 380143

Central Texas MLS (CTXMLS)