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301 E Cedar St #A, Lometa, TX, 76853

4beds
1baths
2,400sqft
$139,000
$58price/sqft
$1,089/moest. monthly cost
$43,560/yrincome needed

About This Home

OWNER FINANCING is available with 25% Down!! This is a TURNKEY INVESTMENT PROPERTY.... THERE ARE FOUR CABINS, with about 450 square foot each, and all are rented out and equipped with a fridge and range. It is possible someone could live in one unit while continuing to rent out the other 3. One cabin has been recently revamped. The cabins are two main rooms, each. One room - is a kitchen - living room, second room - is a bedroom and a full bath. They are heated and cooled with an energy-efficient Mini split and cabins are all electric. There is enough room to build more units on the property. Property is located very near the heart of Lometa and not far from the school. Landlord pays water and sewer bill and garbage collection and is responsible for lawn care. Cabins are 10 years old but have had updates since.

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

4/10
Lometa SchoolGrades PK-120.3 mi

Construction

Condition

  • Year built: 2014

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Range,Electric Water Heater,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 4

Features

  • Other
  • Flooring: Laminate

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 2,400
  • Total interior livable area: 2,400 sqft

Property

Details

  • Parcel number: 6964

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 0.30 Acres

Parking

  • Total spaces: 4
  • Parking features: Gravel

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hail
Lightning
Tornado
Wildfire
Winter Weather
Cold Wave
Drought
Inland Flooding
Strong Wind

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $702$8,424
Home Insurance *$36$432
Property Taxes $88$1,056
Electricity $263$3,162
Total$1,089$13,068
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$37,337/yr
40% on housing$32,670/yr
45% on housing$29,040/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -5.1%
-5.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$58This listing

vs Other Active Listings

Avg $/sqft

ZIP 76853$479
Lampasas County$267

vs Homes Sold Last Month

Median $/sqft

ZIP 76853$200
Lampasas County$162

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-23Price change$139,000
2026-01-12Price change$145,000
2025-12-16Price change$150,000
2025-12-08Price change$155,000
2025-10-30Price change$160,000
2024-12-02Listed for sale$175,000

For Sale by Agent

AgentDeryl Hoyt Jr
BrokerageHoyt Real Estate

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