Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    503 4Th St Lometa, TX 76853

    For Sale
    $275,000

    Live/Work Oasis: Retail, Home, Storage

    Property size:
    1,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional Lometa, TX commercial property offers a unique blend of retail space and comfortable living quarters, perfect for a live-work arrangement. The main 1,800 square foot building, previously a nail salon, features a large salon area, a customer bathroom, a laundry area, substantial storage space, and a second bathroom with a shower. This versatile space presents numerous possibilities for various businesses. In addition to the main building, the property includes a 1,100 square foot manufactured home with two bedrooms and two bathrooms. The home boasts an open-concept living and kitchen area, providing comfortable and convenient living space. Ample storage is provided by an 8' x 40' Connex storage container, complete with electricity. Parking is abundant with a two-car carport and dedicated RV parking, both situated on concrete slabs. The property sits on a 0.38-acre lot and is conveniently located with easy highway access. Priced at $275,000, this property represents a significant opportunity to own a thriving business and comfortable living space in one convenient location. The combination of retail space, residential living, and ample storage makes this a truly versatile and attractive investment.

    Property Features for 503 4Th St

    General Information

    Property type
    Retail properties
    Square Feet
    1,800 SF
    Lot Size
    16,553 SF

    Building Details

    Year Built
    1980
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Storage Facility Garden Center Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lometa
    County
    Lampasas
    State
    Texas
    Longitude
    -98.39124
    Latitude
    31.21264

    Nearby Similar for Sale

    • $635,000
      3,058 SF

      Texas Ranch with Hill Country Views

      Ag-exempt 12-acre ranch featuring a remodeled stone home.
      10292 Us Highway 190 W, Lometa, TX 76853
      View Details
    • $2,175,000
      2,480 SF

      Texas Ranch with Highway Frontage

      148 acre ranch with diverse landscape and classic home.
      5001 N Us Highway 183, Lometa, TX 76853
      View Details
    • $3,920,000
      3,033 SF

      Texas Ranch with Live Water

      284.54-acre ranch featuring a 3,033 sq ft home and creek frontage.
      16162 Fm-581, Lometa, TX 78653
      View Details
    • $185,000
      4,800 SF

      Lometa, TX Commercial Property

      Commercial property in Lometa, TX, suitable for office or retail.
      106 S 4Th St, Lometa, TX 76853
      View Details
    • $250,000
      3,023 SF

      Commercial Property off Hwy 183

      Former paint and body shop on 0.718 acres.
      3 St, Lometa, TX 76853
      View Details
    • $275,000
      1,800 SF

      Versatile Live-Work Commercial Property

      Commercial property with living space and highway access in Lometa.
      503 S 4Th St, Lometa, TX 76853
      View Details

    FAQs

    What type of property is this?
    Retail property - Live/Work Oasis: Retail, Home, Storage
    Where is this retail property located?
    The property is located at 503 4Th St Lometa, TX.
    What is the asking price?
    The asking price for this property is $275,000.
    (512) 556-4600
    Request Owner's contact information
    503 4Th St Lometa, TX 76853
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    503 4Th St
    Lometa, TX 76853
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    503 4Th St Lometa, TX 76853
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.