REDUCED : 208 W 5th Street : Show stopper in the heart of downtown Lampasas and at the corner of W 5th Street and S Broad Street. Providing an over-sized .42 acre lot and a canopy of towering trees, you will find a 2,368 sqft. main house and a 1,091 sqft. guest house. Positioned only 3 Blocks off Key Avenue and within walking distance to Lampasas Middle School, you are afforded quick access to dining, shopping, city parks, grocery store, hospital, and all that Lampasas has to offer! $100k in recent updates and improvements since 2021. Providing high-end finishes from the well-appointed gourmet kitchen, new interior/exterior paint, new HVAC system, new high-end lighting and ceiling fans, refinished original long-leaf pine hardwood floors, custom sliding barn doors and so much more. The Primary Residence features 3 large bedrooms, 2 bathrooms, a large utility room with countertops/sink and storage closet plus an expansive living room with outstanding natural light and a fireplace. The distinctive floor plan allows you to capture gleaming natural light with numerous windows, provides an open floor plan complimented by high ceilings, and 4 exterior doors which creates a private entry/exit to the Owners Bedroom, utility room, foyer area and kitchen/dining area! The 1,091 sqft. detached guest house features its own access of W 5th Street and the rear alley, it provides a large bedroom with 2 closets and brick accented walls, 3 entry/exit doors, a large living area, a kitchen with an abundance of cabinetry plus an over-sized laundry room. Rental potential estimated at $1,200 to $1,500 for the Guest House. The property is further enhanced with a full sprinkler system, custom wood fencing, expansive covered and uncovered porch/patio amenities, a detached workshop/storage building with electricity, and a canopy of towering Oak and Pecan trees!