Mixed-Use
For Sale
Contact for pricing
201 E 6th St, Lampasas, TX 76550
The property carries Mixed zoning and dates to 1940.
Property Size1,569 SF
Price / SF$175.27
Days on Market212
Property Features for 201 E 6th St
General Information
Standard status
Active
Size
1,569 SF
Class
B
Total Parking Spaces
2
Property subtype
Mixed Use
Zoning
Mixed
Investment Type
Owner/User
Building Details
Year Built
1940
Year Renovated
2025
Buildings
1
Stories
1
Listing Agency:
Texas Real Estate Sales
Listed By:
Abe & Leah Caruthers · License #561403
Source:
Crexi
Added: Mar 17
Changed: Oct 8
Last Checked: Oct 12 at 7:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Texas Real Estate Sales
Investment Insights
Based on property information with market context.
This mixed-use property contains 1,569 square feet and was built in 1940. The asset is located at 201 E 6th St in Lampasas, Texas, with Mixed zoning identified for the property.
Key Highlights
- 1,569‑square‑foot mixed‑use property
- Built in 1940
- Mixed zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,827
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,540
$296.5K
Cap Rate 7%
$211,814
$211.8K
Cap Rate 9%
$164,744
$164.7K
Market Conditions
NOI Build-Up for 1,569 SF
Gross rent
$26.4K $16.80/SF
− Vacancy
−$2.6K −$1.68/SF
EGI
$23.7K $15.12/SF
− OpEx
−$8.9K −$5.67/SF
NOI
$14.8K $9.45/SF
Area
Lampasas County, TX
Vacancy
10.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,540
Cap Rate 7%
$211,814
Cap Rate 9%
$164,744
Alternative Uses
Best Use
Mixed Use
$211.8K
$185.3K – $247.1K
NOI $14,827 @ 7.0% cap · market cap 5.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$376.9K
$329.8K – $439.7K
NOI $26,380 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
685
Businesses Nearby
Explore this area
Business Placement
Demographics for 76550, TX
12,840
Population
6,129
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
90%
High-School Grad
541.5 sq mi
ZIP Area
24
Density / Sq Mi
$73,697
Median Household Income
$34,970
Median Earnings
$902
Median Rent
$237,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property carries Mixed zoning and dates to 1940.
Where is this mixed-use property located?
The property is located at 201 E 6th St Lampasas, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,569‑square‑foot mixed‑use property; Built in 1940; Mixed zoning
