506 E Wallace Street, Llano, TX 78643
Property image
Property image
FOR SALE
3D VIEW
1.19 ACRES

506 E Wallace Street
Llano, TX 78643

  • 3 Beds
  • 2 Baths
  • 1,666 sqft (on 1.19 acres)

$335,000

Original price: $349,900
Est. Mortgage $2,022/mo*

$335,000

Original price: $349,900
Est. Mortgage $2,022/mo*
3 Beds
2 Baths
1,666 sqft
(on 1.19 acres)

Home Highlights

Parking
2 Car Garage
Outdoor
Yes
Price/Sqft
$201
Listed
45 days ago
Climate Control
Central & Central Air

Local Information

  • Map ViewExplore the area around 506 E Wallace Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to this ranch-style brick home situated on a rare 1.192-acre lot in the heart of Llano, offering the perfect blend of space, comfort, and functionality. It's uncommon to find over an acre within the city limits, and this property is conveniently located adjacent to Llano Christian Academy. The lot features magnificent mature oak trees along with a variety of other established trees, creating a peaceful setting that's difficult to find. This 3-bedroom, 2-bathroom home features durable tile and laminate flooring throughout. The property is designed to accommodate a variety of lifestyles with an attached 2-car garage, an approximately 880-square-foot detached shop, and additional covered RV/boat storage. The detached shop has already been plumbed for a bathroom, offering excellent potential for conversion into a guest house, accessory dwelling unit, home office, or hobby space. Recent improvements include a newly installed whole-home generator, kitchen appliances, and a new electrical panel, providing enhanced reliability, efficiency, and peace of mind. Whether you're looking for extra space for projects, storage for recreational equipment, or the opportunity to create additional living quarters, this versatile property delivers. This home is just minutes from schools, shopping, dining, public Llano River access, and everything Llano has to offer.
Last check for updates: about 2 hours ago
Listing courtesy of Natalie S Virdell, (512) 940-6918
Landmasters Real Estate
Source: HLMLS as distributed by MLS GRID, MLS#178700

Home Details for 506 E Wallace Street

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1666 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Electric Range, Refrigerator, WasherDishwasherDisposalRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Laminate, Tile
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneFloors: Laminate, Tile
View
No View

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: CoveredFencing: Barbed Wire, Pipe, PerimeterFoundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: 2 Car Attached Garage
Frontage
Waterfront: NoRoad Surface Type: PavedNot on Waterfront

Days on Market

Days on Market: 45

Property Information

Year Built
Year Built: 1967
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Ranch
Building
Construction Materials: Wood Siding, Brick, Masonite
Property Information
Parcel Number: 077555

Price & Status

Price
List Price: $335,000Price Per Sqft: $201

Active Status

MLS Status: Active

Location

Direction & Address
City: LlanoCommunity: Bark Central
School Information
High School District: Llano

Agent Information

Listing Agent
Listing ID: 178700

Building

Building Area
Building Area: 1666 Square Feet

Lot Information

Lot Area: 1.19 Acres

Energy

Energy Efficiency Features: Ceiling Fan(s), Heat Pump

Miscellaneous

Mls Number: 178700

What Locals Say about Llano

At least 12 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 88 % Say they plan to stay for at least 5 years

  • 88 % Say kids play outside

  • 88 % Say yards are well-kept

  • 87 % Say it's quiet

  • 84 % Say it's dog friendly

  • 81 % Say it's walkable to restaurants

  • 78 % Say neighbors are friendly

  • 78 % Say car is needed

  • 76 % Say people would walk alone at night

  • 74 % Say there's wildlife

  • 68 % Say there's holiday spirit

  • 60 % Say it's walkable to grocery stores

  • 55 % Say there are community events

  • 50 % Say streets are well-lit

  • 33 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Earlie May Rippy
    "My neighborhood is friendly and low key "
  • Tonya Gray Crum
    "Crawfish Open on third weekend of April and the Llano Rodeo on the First weekend of June. Crawfish Open goes to a great cause. "
  • Tonya L. G.
    "Llano Crawfish Open is the third weekend of every year. It benefits the Special Opportunity School and the Recycling Center."

Market trends in Llano

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
99
7
MoM

Home Value

Trulia Estimate
$325K
Since last month
Decreased$18K (-5.2%)
Since last year
Increased$31K (+10.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +89% in the last 10 years
MonthEstimated value
2026
August 2026$325K
July 2026$343K
June 2026$289K
May 2026$291K
April 2026$298K
March 2026$300K
February 2026$297K
January 2026$298K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
-
07/17/26
3
2
1,109
0.07
Single-Family Home
-
11/26/25
3
2
967
0.24
Single-Family Home
-
05/22/26
3
2
1,864
0.09
Single-Family Home
-
03/13/26
3
2
1,100
0.48
Single-Family Home
-
03/27/26
3
2.5
1,631
0.37
Single-Family Home
-
08/05/26
3
2
1,318
0.35
Single-Family Home
-
06/26/26
3
2
1,629
0.58
Single-Family Home
-
06/08/26
3
2
1,890
0.22
Single-Family Home
-
10/31/25
4
3
2,641
0.41
Single-Family Home
-
01/16/26
2
2
1,354

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$310,100
4
2
1,548
Off Market
0.04
-
-
-
-
Recently Sold
0.07
-
3
2
967
Recently Sold
0.08
$180,800
1
2
752
Off Market
0.08
-
-
-
-
Off Market
0.08
$303,000
3
2.5
1,647
Off Market
0.08
$290,000
3
2
1,510
Off Market
0.12
-
3
2
1,109
Recently Sold
0.10
-
-
-
-
Off Market
0.09
$292,000
3
2
1,100
For Sale
0.14
-
-
-
-
Recently Sold

Price and Tax history

DateEventPrice
Aug 10, 2026
Source: HLMLS as distributed by MLS GRID #178700
PriceChange
$335,000
Price decreased by 4%
Jul 10, 2026
Source: HLMLS as distributed by MLS GRID #178700
Listed For Sale
$349,900
Jun 16, 2021
Source: HLMLS as distributed by MLS GRID #153831
Sold
--
Mar 24, 2021
Source: CHCBOR #77416
Pending
$275,000
Aug 16, 2020
Source: Agent Provided
Listed For Sale
$275,000

LGBTQ Local Legal Protections

Natalie S Virdell, Landmasters Real Estate
Agent Phone: (512) 940-6918
Based on information submitted to the MLS GRID as of 2026-08-24 21:57:19 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information

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Frequently asked questions about 506 E Wallace Street

  • What is the estimated monthly payment for 506 E Wallace Street?
    Based on a $335,000 list price with 20% down at today's rates, the estimated monthly payment for 506 E Wallace Street in Llano, TX is approximately $2,045 (about $1,747 principal & interest, $223 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Llano?
    Residents describe Llano, TX as easy to park in, established, and well-kept. Most residents say you need a car. See homes for sale in Llano, TX.
  • What are the closest schools to 506 E Wallace Street?
    The closest schools to 506 E Wallace Street in Llano, TX are Llano Elementary School (Pre-K, rated 8/10), Llano High School (rated 6/10), Llano Junior High School (rated 6/10).
  • What is 506 E Wallace Street estimated to be worth?
    Trulia's estimated value for 506 E Wallace Street in Llano, TX is $324,900.
  • Does 506 E Wallace Street have air conditioning?
    Yes, 506 E Wallace Street in Llano, TX has air conditioning.
  • How big is the lot at 506 E Wallace Street?
    The lot at 506 E Wallace Street in Llano, TX is about 1.2 acres.
506 E Wallace Street, Llano, TX 78643 is a 3 bedroom, 2 bathroom, 1,666 sqft single-family home built in 1967. This property is currently available for sale and was listed by HLMLS as distributed by MLS GRID on Jul 10, 2026. The MLS # for this home is MLS# 178700.