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$215,000

Beds
2
Baths
1.0
sq ft
1,264

207 W 5th St, Lampasas, TX 76550

207 W 5th St

Lampasas, TX 76550

  • 28 days on market
Welcome to this charming home in the heart of town! Featuring hardwood floors with rich natural tones, this warm and inviting space offers flexible living areas perfect for relaxation or entertaining. Beautiful French doors enhance the seamless layout, while the generously sized two bedrooms and bathroom provide both comfort and functionality. Situated on a corner lot, this cozy property is brimming with character and charm, making it an ideal choice for those seeking a conveniently located home with endless possibilities!

Details

Property type

Single Family Residence

Est. home value

$259,213

Lot size

8,973 sq ft

Price per sq ft

$171

Year built

1930

Annual property taxes

$3,368

HOA

No

Price History

01/27/2025
CentralTexas

CentralTexas #568138

Listed
$215,000
02/14/2024
CentralTexas

CentralTexas #530215

Removed
01/09/2024
CentralTexas

CentralTexas #530215

Pending
$185,000

Schools & Community

Elementary school: 

Kline Whitis

Middle school: 

Lampasas Middle School

High school: 

Lampasas High School

Community features: 

Curbs

High school district: 

Lampasas ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$51,420
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$146,380
Cash to seller
$51,420

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

February 2024

Original loan amount

$148,000

Est. remaining balance

$146,380

Interest rate

6.61%

Loan type

New Conventional, 30 year

Seller

Michael Lee Lanning

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/24/2025 at 6:20 AM

Listing updated: 01/27/2025 at 6:51 PM

Listed by: Ronald Kuker, The Kuker Company Phone #: (512) 556-4600

MLS: CentralTexas #568138

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