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A Unique Live/Work Opportunity in the Heart of Lometa! More than just a home, this distinctive property offers the opportunity to live, work and build something of your own in a small Texas town. With a history as an antique shop, café and bakery, this character-filled property is ready for its next chapter. Its restaurant-style kitchen, approximately 1,666 square feet of interior space, 0.35-acre lot, parking and visible in-town location offer an appealing starting point for a creative entrepreneur. Imagine a vintage and antiques boutique, a neighborhood coffee shop, a specialty bakery, an artisan studio or a small owner-operated business with the convenience of living on-site. Prefer a quieter lifestyle? Enjoy a distinctive home with room for hobbies, entertaining or a home-based business. Located in Lometa, this property offers a chance to create a personal home, a business destination or a combination of the two. Bring your vision. Give this property its next chapter.***All information is deemed reliable but not guaranteed. Buyer and buyers agent to confirm all information provided.***

Highlights

  • Residential
  • Single Family Residence
  • Built in 1960
  • 0.35 Acre Lot
  • 296 days on Market

  • Bedrooms
    2
  • Bathrooms
    1 full · 1 half
  • Year Built
    1960
  • Stories
    1.0
  • Architectural Style
    Ranch
  • Construction Materials
    Stucco
  • Foundation
    Slab, Pillar/Post/Pier
  • Living Area
    1666.0
  • Appliances
    Dryer, Dishwasher, Microwave, Refrigerator, Range, Gas Range, Oven, Range Hood, Gas Water Heater
  • Flooring
    Hardwood, Concrete, Ceramic Tile
  • Pool Features
    None
  • Cooling
    Central Air
  • Heating
    Central

  • Acres
    0.35
  • Lot Features
    City Lot
  • View
    None
  • Utilities
    Natural Gas Available
  • Water
    Public

  • County
    Lampasas
  • City
    Lometa
  • Zip Code
    76853

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Frequently Asked Questions

How do I schedule a tour of 505 S 4th St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 505 S 4th St.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 505 S 4th St?

Click Ask a Question to talk with our team. You already know it is a 2 bed, 1 bath, listed for $159,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Lometa, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 505 S 4th St?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 505 S 4th St at around $1,033. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 505 S 4th St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Lampasas County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 505 S 4th St?

In most cases, yes. Whether 505 S 4th St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lometa's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 505 S 4th St?

We can handle that for you. Our preferred local agent specializes in residentials in Lometa and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $159,000 with 1,666 sqft of space—that comes out to approximately $95 per square foot.

How long has this property been on the market?

505 S 4th St was listed on January 13, 2026, which means it's been on the market for 296 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1960, making it approximately 66 years old.

What is the lot size of this property?

505 S 4th St sits on a 0.35-acre lot, which is 15,246 square feet.

What are the property taxes for 505 S 4th St?

The most recent public record shows annual property taxes for 505 S 4th St were approximately $2,049. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 505 S 4th St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively 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. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Central Texas MLS (CTXMLS). All rights reserved.

Last Updated: November 05, 2026 at 05:47PM | Source: Central Texas MLS (CTXMLS) | MLS#: 601527