22 Park LN
About This Property
Welcome to this charming and well-maintained 3-bedroom, 1-bath home in the heart of Lampasas. Ideally situated just across from Sue Ann Park, this property offers the perfect blend of comfort and convenience. Enjoy a lifestyle of ease with local shopping, dining, the hospital, and HEB grocery store just minutes away.
The home sits on a spacious, fenced corner lot shaded by mature oak trees, creating a peaceful outdoor sanctuary ideal for relaxing or entertaining. Inside, you will find beautiful hardwood floors, generously sized bedrooms, and modern double-pane windows for improved energy efficiency.
This property is move-in ready with significant recent upgrades for peace of mind, including a freshly painted exterior, a new roof (installed April 2026), and a newer HVAC system and hot water heater. Whether you are looking for an affordable starter home or a solid investment opportunity, this property delivers character, reliability, and value.
VA and FHA buyers are welcome!
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Sep 11, 2026 | Listed by Coldwell Banker Realty | $150,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017