Selected for the Terner Labs Housing Venture Lab

101 N Rice St, Lampasas, TX 76550

Active
Listed 2 days ago
Owner-Occupant Eligible
$415,000

About $2,164 a month to live here, after the rent from the other home.

House + ADU2,635 sqft4 beds3 bathsListed Nov 13, 2026

A house with a second home on the lot. Live in one and rent out the other. How it works

Live here for about

$2,164a month

The second home on the lot rents for $914. We hold back $165 of that for repairs and an empty month, and the rest goes toward a $2,913 monthly payment.

Income to qualify: about $73,000 a year

With how much down?

At 20% down ($83,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $54,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$12,450 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Welcome to 101 N Rice Street in West Lampasas, where comfort, character, and versatility come together on a beautiful half-acre corner lot shaded by mature trees, including pecans. This thoughtfully updated property features a 1,915 SF main residence with 3 bedrooms and 2 bathrooms, plus a separate 720 SF guest house offering an additional bedroom and full bathroom. The main home features a welcoming living room, a spacious 19-by-20-foot second living area, and a flexible dining or office space, providing room for relaxing, entertaining, or pursuing hobbies and creative interests. The updated kitchen features granite countertops, white cabinetry, subway tile backsplash, stainless steel appliances, and a butcher block peninsula. Luxury vinyl plank flooring, updated lighting, and tasteful finishes complement the home's inviting character. Both bathrooms in the main residence were updated in 2026, adding to the extensive improvements completed throughout the property. Additional updates include interior and exterior painting, new flooring, kitchen renovations, upgraded electrical service panels, attic insulation, and a new roof installed in April 2023. The separate guest house offers 1 bedroom, 1 full bathroom, a kitchen, generous closet space, and central heating and air conditioning. Updated with new flooring, plumbing, electrical, appliances, and interior finishes, this inviting space is ideal for hosting guests, accommodating visiting family or in-laws, or enjoying the flexibility of an additional living area. Outside, the expansive tree-shaded grounds provide a peaceful setting for relaxing, entertaining, and enjoying the outdoors. Additional features include a 12-by-16-foot concrete patio, covered two-car carport, sprinkler system, and 10-by-12-foot storage shed. With two distinct living spaces, extensive improvements, and a generous corner lot, 101 N Rice Street offers a wonderful combination of charm, functionality, and flexibility in West Lampasas.

House + ADU

Property Type

23,679 sqft

Lot Size

1970

Year Built

Listing Date: 11/13/2026

Listed by: Ronald Kuker

Listing office: The Kuker Company

Contact: (512) 556-7270

Source: Unlock MLS #ACT4619223

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$415,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$415,000
Your Down Payment$83,000
Financed$332,000
Estimated Monthly Payment$2,913

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($83,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$2,913/month
Principal + Interest
$1,991
Property Taxes
$487
Home Insurance
$435
Rental Income (1 Unit)
$914/month

From the listing description.

Rental Expenses
-$165
Cost to live here
$2,164/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

Unlock MLS logo

MLS# ACT4619223 · Listing office: The Kuker Company

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.