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)
Local Information
- Map ViewExplore the area around 506 E Wallace Street.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Description
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. Enjoy the privacy and beauty of this one-of-a-kind in-town property while still being just minutes from schools, shopping, dining, public Llano River access, and everything Llano has to offer.
Home Highlights
Parking
2 Car Garage
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
$210
Listed
Less than a day ago
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: <1 day on Trulia |
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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: $349,900Price Per Sqft: $210 |
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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 |
Last check for updates: about 3 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.
Market trends in Llano
Last updated May 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
92
7MoM
Price History for 506 E Wallace Street
| Date | Price | Event | Source |
|---|---|---|---|
| 07/10/2026 | $349,900 | Listed For Sale | HLMLS as distributed by MLS GRID #178700 |
| 06/16/2021 | -- | Sold | HLMLS as distributed by MLS GRID #153831 |
| 03/24/2021 | $275,000 | Pending | CHCBOR #77416 |
| 08/16/2020 | $275,000 | Listed For Sale | Agent Provided |
| 06/26/2020 | $275,000 | ListingRemoved | Agent Provided |
| 02/18/2020 | $275,000 | PriceChange | Agent Provided |
| 04/05/2019 | $299,000 | PriceChange | Agent Provided |
| 03/23/2019 | $299,900 | Listed For Sale | Agent Provided |
| 07/16/2013 | $155,000 | ListingRemoved | Agent Provided |
| 06/11/2013 | $155,000 | Pending | Agent Provided |
| 04/21/2013 | $155,000 | Listed For Sale | Agent Provided |
| 06/15/2011 | $168,000 | ListingRemoved | Agent Provided |
| 12/23/2009 | $168,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,974 |
| Assessment | $357,310 |
Home facts updated by county records
Comparable Sales for 506 E Wallace Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Single-Family Home | - | 11/26/25 | 3 | 2 | 967 | |
0.24 | Single-Family Home | - | 05/22/26 | 3 | 2 | 1,864 | |
0.48 | Single-Family Home | - | 03/27/26 | 3 | 2.5 | 1,631 | |
0.09 | Single-Family Home | - | 03/13/26 | 2 | 2 | 1,036 | |
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 | |
0.47 | Single-Family Home | - | 05/29/26 | 3 | 2 | 1,530 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETLandmasters Real Estate
OFF MARKETTerry Wootan Real Estate
SOLDMAR 13, 2026
Assigned Schools
These are the assigned schools for 506 E Wallace Street.
- Llano Elementary School
- PK-5
- Public
- 410 Students
8/10GreatSchools RatingParent Rating AverageI would give them a 10. LES has gone above and beyond with my children with disabilities. I have been so thankful for the teachers and staff at LES. It is obvious that they care about my children and that means so much!Parent Review7y ago - Llano High School
- 9-12
- Public
- 499 Students
6/10GreatSchools RatingParent Rating AverageAs a parent of a child that goes to this school I have great concern. The bullying is out of control. I graduated from Llano we never would have dreamed of treating kids the way the kids now do. Instead of fixing the problem and asking a child why they are acting out they want the kid to go get help. That's all fine and good. However if the same child continues to act up maybe they are truly being bullied and the only way they can get the attention they need is to act out. My child almost died because of being made by this school to go get help. We did and the hospital he went to drugged him up so bad it nearly killed him. So ask yourself when is it time to say enough. Stop the real problem the kids that are the bullies. Not the victims.Parent Review11y ago - Llano Junior High School
- 6-8
- Public
- 423 Students
6/10GreatSchools RatingParent Rating AverageSmall town school that teachers are able to more one on one attention to the students.Other Review1y ago 
Check out schools near 506 E Wallace Street.
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.
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 2026-07-10 15:12:21 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
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.