$150,000
●
House -
For Sale
4 Hollywood DR
Lampasas, TX 76550
2 Beds
1 Bath
780 Ft²
$922
Est. Monthly
About This Property
Investor opportunity in the heart of Lampasas! This tenant-occupied
2-bedroom, 1-bath single-family home offers immediate income
potential. The property has been updated throughout, featuring
durable LVP flooring, refreshed kitchen and bathroom, modern
fixtures, and stainless steel appliances. Situated on a spacious
lot with a large backyard, this home is conveniently located just
minutes from local schools, shopping, and restaurants. A solid
addition to any investment portfolio with updates already in place.
Unit Size
780 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$192
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1966
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (Unlock MLS #ACT1279360)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2026 | Relisted | $150,000 | |
| Relisted | |||
| Jun 15, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Listed by Shipley Ranches | $150,000 | |
| Listed by Shipley Ranches | |||
| Mar 23, 2023 | No longer available | - | |
| No longer available | |||
| Mar 14, 2023 | Listed by Texas Real Estate Sales | $190,000 | |
| Listed by Texas Real Estate Sales | |||
| | |||
|
4 Hollywood, 2 bedroom 1 bath, 1 car garage with extra large fenced yard! Located in an established neighborhood and completely remodeled! Fresh paint, carpet and fixtures. Plenty of kitchen cabinet storage and stainless steel appliances. Move in ready! We can help you get prequalified. The manager has listed the unit size as 780 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Attached, Garage, Garage Faces Front, Door-Single
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Primary Bedroom on Main
Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Electric Water Heater
Flooring Type: Carpet, Tile, Vinyl
Exterior Details
Square Footage: 780
Square Footage Source: $0
Green Sustainability
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1966
Waterfront Features: None
Levels: One
Other Structures: Shed(s), Storage
Window Features: None
Construction Materials: Brick Veneer, Frame
Patio and Porch Features: Front Porch, Patio, Rear Porch
Pool Features: None
Lot Features: Back Yard, Front Yard, Level, Public Maintained Road
Lot Size Area: 8398.37
Lot Size Units: Square Feet
Lot Size Acres: 0.1928
Lot Size Square Feet: 8398.37
Water Source: Public
Financial Details
Tax Map Number: 15
Tax Assessed Value: $117,200
Tax Annual Amount: $2,221
Utilities Details
Cooling Type: Central Air, Electric, Wall/Window Unit(s)
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lampasas
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jim Banks
Listed Office: Shipley Ranches - Listing courtesy of Unlock MLS
Phone: (325) 998-4548
Last Updated: 2026-07-03 04:01:39
Data Source: Unlock MLS, MLS# ACT1279360
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Shipley Ranches - Listing courtesy of Unlock MLS
Phone: (325) 998-4548
Last Updated: 2026-07-03 04:01:39
Data Source: Unlock MLS, MLS# ACT1279360
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. 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. Some IDX listings have been excluded from this website.
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