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503 E Avenue G, Lampasas, TX 76550

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For Sale

$282,500

5 beds • 2 baths • 1 half baths • 2,508 sqft

Estimated Payment

$ 1,670 /mo. †

6.65% APR for 30 yrs.
$2,624 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $112.64
    Price per square foot

Explore this Property

Great home with an Investment Opportunity. Second living space would be great for an Airbnb or a Bed & Breakfast. The primary house has 4 bedrooms and 1 bathroom. A spacious kitchen & dining area and a separate laundry room. The primary home has natural gas appliances. The breezeway separates a secondary space with the lower floor currently utilized as a utility, workshop and office space. The lower floor could be converted to a living area or larger dining area. The utility room area does include a washer/dryer connection. The upper floor is a one bedroom apartment with a full kitchen and eat in dining area. Includes a living room and one full bathroom. The secondary space is all electric. The lot sits on .326 acres with lots of yard space and established oak trees. A City park is located directly across the street. Also located within a nice walk to the Cooper Spring Nature Park. The front lawn space has ample parking for an RV or boat. Need more lawn space? Ask me about an additional .14 adjoining vacant lot.
MLS# 562517

Courtesy Of Jim Wright Company

(254) 526-5117

Property Features

  • Amenities
    Porch
  • Appliances
    Range
  • Architecture Style
    Other
  • Exterior Type
    Stone, Stone Veneer
  • Floor Covering
    Carpet, Concrete, Tile
  • Heating System
    Central Furnace
  • Lot Size
    0.33 Acres

Map and Directions

Directions to 503 E Avenue G, Lampasas, TX 76550

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,451
  • Property Taxes
    $218
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,670

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Hanna Springs Elementary School

Grades PK-5 Public School

Lampasas, TX 76550 0.2 miles
604 e avenue f

681 total students
14:1 Student teacher ratio

School Rating: C

School Details

Lampasas Middle School

Grades 6-8 Public School

Lampasas, TX 76550 1 miles
902 s broad st

786 total students
14:1 Student teacher ratio

School Rating: B

School Details

Lampasas High School

Grades 9-12 Public School

Lampasas, TX 76550 2.4 miles
2716 us highway 281 s

1012 total students
14:1 Student teacher ratio

School Rating: B

School Details
Other Nearby Schools Distance Type Grades School Rating
First Baptist Preschool & Kindergarten 0.7 miles Private PK-KG
Kline Whitis Elementary School 1.7 miles Public PK-5 B+

First Baptist Preschool & Kindergarten

Distance: 0.7 miles

Type Private

Grades: PK-KG

Kline Whitis Elementary School

Distance: 1.7 miles

Type Public

Grades: PK-5

B+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Lampasas, TX 76550

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Lampasas, TX 76550

This community’s employment is highest in the food and sales industries. The area’s overall household expenses are above the national average.

96° August
Hottest Average Month
34° January
Coldest Average Month
6,030 Total Households in Area
7.7% Increase in population since the year 2010
36.1%
of households
have children
28 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Lampasas, TX 76550

Lampasas, TX 76550 has a population of 14,713 people in 6,030 households with a median age of 43 years old.

7.7%
Increase in population
since the year 2010
Population is Trending up
5,498
Total households as of 2010
6.7%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 43 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 78%
Hispanic 20%
Other 7%
Black 1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 78%, followed by Hispanic at 20%, Other at 7%, and Black at 1%.

Economics
for Lampasas, TX 76550

27 /sq mi
Population Density
$66,197 /yr
Median Household Income
$324,531
Median Sales Price
28 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.23% of the households.

Transportation to Work

  • Drive 92%
  • Work from Home 6%
  • Walk or Bike 3%
  • Public Transit 0%

Occupancy by Type

Owned 4,608 66%
Rented 1,421 20%
Vacant 937 13%

White vs Blue Collar Jobs







White Collar 70%
Blue Collar 30%

Family & Education Facts
for Lampasas, TX 76550

43 Median Age

Average Household Size

2.4
persons per
household

57%

Married Households

Community Population By Education

High School Graduate 34%
Some College 29%
Bachelors Degree 11%
Associates Degree 11%
Some High School 10%
Graduate Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 33.69% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
36.1% of households have children

Weather
for Lampasas, TX 76550

The weather for this area ranges from a high of 96° F in August to a low of 34° F in January

96° August
Hottest Average Month
34° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
34°
59°
Feb
38°
63°
Mar
45°
71°
Apr
53°
78°
May
61°
84°
Jun
68°
91°
Jul
71°
95°
Aug
70°
96°
Sep
65°
89°
Oct
54°
80°
Nov
44°
69°
Dec
36°
61°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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