Prime Commercial Land in Downtown Lampasas Nestled in the heart of Lampasas, Texas, lies an exceptional opportunity for savvy investors or entrepreneurs seeking prime commercial real estate. Spanning along the picturesque Sulphur Creek between Key Avenue and Western Street, this strategically positioned parcel of land boasts unparalleled potential. Additional building and lot available at 201 Riverview Drive. MLS 528386 Key Features: Location: Situated in the bustling downtown area of Lampasas, offering high visibility and accessibility for businesses. Zoning: Designated for retail use, providing an ideal canvas for a variety of ventures and commercial enterprises. Size and Layout: The property spans a considerable area, offering ample space for building, parking, and potential expansion, allowing your vision to take shape seamlessly. Scenic Setting: Enjoy the serene backdrop of Sulphur Creek, adding a touch of natural beauty to the commercial landscape. Benefits and Opportunities: Thriving Community: Lampasas is a vibrant community, known for its welcoming atmosphere and burgeoning local economy, making it an ideal location for establishing or expanding a business. Visibility and Accessibility: With frontage along both Key Avenue and Western Street, your business will benefit from high traffic flow and easy accessibility, ensuring maximum exposure to potential customers. Versatile Possibilities: The retail zoning offers a broad spectrum of possibilities, whether envisioning a boutique storefront, a trendy cafe, or any retail endeavor that complements the local community's needs.
Property Details
Property Features
Listing Office:
Office Name: Mossy Oak Properties Of Texas
Office Phone: (512) 734-1204
Listing Agent: Ronald Bumpus
Exterior Features
Exterior Information:
View: Creek/Stream
Exterior: None
Lot Features
Lot Information:
Lot: Waterfront
Lot Size: 1.67 Acres
Other
Directions Information:
Directions: Located at the corner of Western Street and Riverview Drive in Lampasas
Price Information
Listing Price Info
Price Summary:
List Price: $499,900
Tax Information:
Annual Amount: $16,553
Tax Year: 2019
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lampasas, TX.
Last updated on: 12/18/2024, 2:16:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
-
$780,840
2019
$16,553
$1,014,930
2018
$13,672
$656,130
2017
$13,672
$541,920
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,562
Per Month
Principal & Interest
$2,495
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,565
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Hanna Springs Elementary School
604 E Avenue F
Distance between this listing and this school0.94 miles
Public District Grades PK-5
6
/10
Kline Whitis Elementary School
500 S Willis St
Distance between this listing and this school1.42 miles
Public District Grades PK-5
8
/10
Taylor Creek Elementary School
2096 Big Divide Rd
Distance between this listing and this school13.53 miles
Public District Grades PK-5
Nearby Schools
6
/10
Lampasas Middle School
902 S Broad St
Distance between this listing and this school0.34 miles
Public District Grades 6-8
5
/10
S.C. Lee Junior High School
1205 Courtney Ln
Distance between this listing and this school17.13 miles
Public District Grades 6-8
4
/10
Copperas Cove Junior High School
702 Sunny Ave
Distance between this listing and this school17.83 miles
Public District Grades 6-8
Nearby Schools
5
/10
Lampasas High School
2716 US Highway 281 S
Distance between this listing and this school1.41 miles
Public District Grades 9-12
4
/10
Cove Charter Academy
2205 FM 3046
Distance between this listing and this school16.14 miles
Public Charter Grades PK-12
3
/10
Copperas Cove High School
400 S 25th St
Distance between this listing and this school16.35 miles
The neighbors living near this home have an average income of $39,500. The majority of Lampasas, TX residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 205 Riverview Dr
What is the listing price of this property?
The listing price of 205 Riverview Dr property is $499,900.
What type of property is this?
The property 205 Riverview Dr is land located in Lampasas, Texas, 76550.
Is this property for sale now?
Active Listing: 205 Riverview Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $16,553 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 205 Riverview Dr in Lampasas, TX and zip code 76550. This home sits on a 1.67 acre lot. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $499,900.
While more than 0 listings in Lampasas, TX in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. The number of homes for sale in Lampasas, TX increased by 17.1% between October 2024 and November 2024. In November 2024, listings were on the market for 115 days. During the same period, the median list price in this real estate market was $308,000.
From Rocket Homes Real Estate and based on county public records data.