1301 Taylor St, Lampasas, TX

$299,500

Previous Next

3

Beds

2

Baths

1,756

Square feet

0.57

Acres

About 1301 Taylor St

One of the most compelling opportunities in Lampasas, this 1930s character home combines classic craftsmanship with serious INCOME potential. Set on a generous 0.57- acre lot, this property offers two residences. The main home features 3 bedrooms, 2 baths, and 1,756 sq ft of inviting living space with hardwood floors, tile accents, and the kind of solid construction that simply isn’t found in newer builds. Updated for modern comfort with forced-air gas heating, washer/dryer hookups, side-by-side refrigerator, and dishwasher included. The garage apartment is the income-producing gem of this property. Completely remodeled in 2018, this bright 1-bedroom, 1-bath unit offers approximately 500 sq ft of thoughtfully finished living space with its own washer/dryer hookups — the kind of turnkey setup that attracts quality, long-term tenants. Currently tenant-occupied and generating $775/month — $9,300 annually — this unit delivers immediate cash flow from day one, with room to grow as the Lampasas rental market continues to strengthen. The Opportunity - Live in the main home and utilize the garage apartment to offset your mortgage. Two properties on one lot are rare in this market. Offered at $299,500 as-is, this property is priced to reflect its condition and presents a wonderful opportunity for a buyer ready to add their personal touch while enjoying immediate rental income from the additional dwelling.

Features of 1301 Taylor St

MLS® # 5790808
Price $299,500
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,756
Acres 0.57
Year Built 1926
Type Residential
Sub-Type Single Family Residence
Status Pending

Community Information

Address 1301 Taylor St
Area LP
Subdivision John Burleson
City Lampasas
County Lampasas
State TX
Zip Code 76550

Amenities

Utilities Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Features None
Parking Concrete, Shared Driveway
Garage Spaces 0.00
View City, Garden, Neighborhood
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Linoleum, Tile, Wood
Interior Features Ceiling Fan(s), Double Vanity, Storage, Soaking Tub, Walk-In Closet(s)
Appliances Dishwasher, Free-Standing Gas Range, Refrigerator, Range Hood
Heating Ceiling, Central, Natural Gas
Fireplace Yes
# of Fireplaces 1
Fireplaces Decorative, Primary Bedroom
# of Stories 1
Stories One

Exterior

Exterior Features Exterior Steps
Lot Description Corner Lot, Gentle Sloping, Native Plants, Trees Medium Size
Roof Composition, Shingle
Construction Block, Wood Siding
Foundation Pillar/Post/Pier, Slab

School Information

District Lampasas ISD
Elementary Hanna Springs
Middle Lampasas
High Lampasas

Additional Information

Date Listed May 19th, 2026
Days on Market 110
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHarrell & Assoc. Real Estate
Contact Info(512) 556-3131

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?