506 E Wallace Street
Llano, TX 78643
- 3 Beds
- 2 Baths
- 1,666 sqft (on 1.19 acres)
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
-- mins to
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 13 hours ago
Listing courtesy of Natalie S Virdell, (512) 940-6918
Landmasters Real Estate
Source: HLMLS as distributed by MLS GRID, MLS#178700

Also Listed on HLMLS as distributed by MLS GRID.
Home Details for 506 E Wallace Street
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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 |
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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 |
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Days on Market: 45 |
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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 |
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Price List Price: $335,000Price Per Sqft: $201 |
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MLS Status: Active |
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Direction & Address City: LlanoCommunity: Bark Central |
School Information High School District: Llano |
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Listing Agent Listing ID: 178700 |
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Building Area Building Area: 1666 Square Feet |
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Lot Area: 1.19 Acres |
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Energy Efficiency Features: Ceiling Fan(s), Heat Pump |
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Mls Number: 178700 |
Around this home
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.
Market trends in Llano
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
—
Available listings
99
7MoM
Home Value
Trulia Estimate
$325KSince 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
| Month | Estimated 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
| Date | Event | Price |
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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 |
Jun 26, 2020 Source: Agent Provided | ListingRemoved | $275,000 |
Feb 18, 2020 Source: Agent Provided | PriceChange | $275,000 Price decreased by 8% |
Apr 5, 2019 Source: Agent Provided | PriceChange | $299,000 Price decreased by 0% |
Mar 23, 2019 Source: Agent Provided | Listed For Sale | $299,900 |
Jul 16, 2013 Source: Agent Provided | ListingRemoved | $155,000 |
Jun 11, 2013 Source: Agent Provided | Pending | $155,000 |
Apr 21, 2013 Source: Agent Provided | Listed For Sale | $155,000 |
Jun 15, 2011 Source: Agent Provided | ListingRemoved | $168,000 |
Dec 23, 2009 Source: Agent Provided | Listed For Sale | $168,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,974 | $357,310 |
Home facts updated by county records
LGBTQ Local Legal Protections
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 09:32:21 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.

