509 E Wallace St
San Saba, TX 76877
Studio
Studio
Home Highlights
Listed
180+ days ago
Local Information
- Map ViewExplore the area around 509 E Wallace St.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
The Opera House located downtown in Historic San Saba across from the courthouse square is a two-story property with endless opportunities. A unique structure for the visionaries of restoration and potential possibilities. The beautiful rock wall building is awaiting a new owner to brand and design according to their needs. It's an open canvas for the creative mind that is willing to dream new life back into this wonderful structure. Location, historic background, thriving downtown, are definitely some of the multiple benefits offered with this acquisition. It speaks to be restored, utilized, and given the adoration deserved. Just the right influencer will make all the difference in this amazing building.
History of the Opera House - Built for W.K. Ray in 1897. The San Saba News occupied the upstairs of the building from 1898 until 1904. For a time, it was home to the Queen Hotel. The Alpha Lodge of the Independent Order of Odd Fellows purchased it in 1917. The lodge occupied the second floor while the first floor was leased to various businesses, one in particular, known as Community Appliances. (History provided by the San Saba Historical Commission.)
Real Estate is a licensed broker and abides by all applicable equal housing laws. All the information for this website is informational and is compiled from reliable sources and deemed to be true and correct, but all property listed is subject to changes in price, withdrawal, errors, omissions, condition, or sale without notice. The measurements, square footages, and/or acres are approximate, and the property taxes for each listing are subject to change annually. Real Estate, their agents, and/or their employees are not to be held liable for any changes or discrepancies.
If there is a non-affiliated Real Estate broker and/or agent representing the buyer, buyer's representative must be present with the Real Estate representative at the initial showing of the property to receive an equal share in commission. We appreciate your cooperation and ethical business conduct.
History of the Opera House - Built for W.K. Ray in 1897. The San Saba News occupied the upstairs of the building from 1898 until 1904. For a time, it was home to the Queen Hotel. The Alpha Lodge of the Independent Order of Odd Fellows purchased it in 1917. The lodge occupied the second floor while the first floor was leased to various businesses, one in particular, known as Community Appliances. (History provided by the San Saba Historical Commission.)
Real Estate is a licensed broker and abides by all applicable equal housing laws. All the information for this website is informational and is compiled from reliable sources and deemed to be true and correct, but all property listed is subject to changes in price, withdrawal, errors, omissions, condition, or sale without notice. The measurements, square footages, and/or acres are approximate, and the property taxes for each listing are subject to change annually. Real Estate, their agents, and/or their employees are not to be held liable for any changes or discrepancies.
If there is a non-affiliated Real Estate broker and/or agent representing the buyer, buyer's representative must be present with the Real Estate representative at the initial showing of the property to receive an equal share in commission. We appreciate your cooperation and ethical business conduct.
Contact this Building
Last check for updates: about 3 hours ago
Listing courtesy of Martha Leigh Whitten
Whitten Real Estate, (979) 220-8132
Source: REALSTACK, MLS#66124
Home Details for 509 E Wallace St
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Days on Market: 180+ days on Trulia |
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Property Type / Style Property Type: Single Family Home |
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Listing Agent MLS/Source ID: 66124 |
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Lot Area: 3049.2 sqft |
Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
What Locals Say about San Saba
At least 2 Trulia users voted on each feature.
100 % Say car is needed
100 % Say kids play outside
67 % Say there's wildlife
60 % Say it's walkable to restaurants
57 % Say parking is easy
50 % Say it's walkable to grocery stores
50 % Say there's holiday spirit
50 % Say there are community events
33 % Say streets are well-lit
31 % Say neighbors are friendly
Sourced by Trulia users. Learn more about our methodology.
Market trends in San Saba
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
41
1MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | - | 01/16/26 | 3 | 2 | 1,498 | |
0.23 | Single-Family Home | - | 07/31/26 | - | 1,204 | ||
0.27 | Single-Family Home | - | 04/06/26 | 2 | 1 | 1,040 | |
0.28 | Single-Family Home | - | 11/03/25 | 3 | 2.5 | 2,156 | |
0.51 | Single-Family Home | - | 12/08/25 | 3 | 2 | 1,657 | |
0.72 | Single-Family Home | - | 12/16/25 | 2 | 1 | 822 | |
0.82 | Single-Family Home | - | 07/30/26 | 3 | 2 | 1,488 | |
0.94 | Single-Family Home | - | 02/20/26 | 2 | 2 | 1,266 | |
0.96 | Single-Family Home | - | 12/23/25 | 3 | 2.5 | 1,430 | |
1.23 | Single-Family Home | - | 09/25/25 | 3 | 2 | 1,128 |
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 |
|---|---|---|---|---|---|---|
0.03 | $242,000 | Studio | - | - | Off Market | |
0.03 | $217,700 | 2 | 2 | 1,742 | Off Market | |
0.04 | $245,800 | 3 | 2 | 1,460 | Off Market | |
0.10 | $595,000 | Studio | - | 5,350 | For Sale | |
0.15 | - | 3 | 2 | 1,498 | Recently Sold | |
0.15 | $120,000 | - | - | - | For Sale | |
0.21 | $99,000 | 1 | 1 | 830 | For Sale | |
0.22 | - | - | - | - | Off Market | |
0.23 | - | Studio | - | 1,204 | Recently Sold | |
0.27 | - | 2 | 1 | 1,040 | Recently Sold | |
0.28 | - | 3 | 2.5 | 2,156 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 11, 2025 Source: REALSTACK #66124 | Listed For Sale | $325,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $111 | $7,200 |
Home facts updated by county records
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509 E Wallace St, San Saba, TX 76877 is a studio single-family home. This property is currently available for sale and was listed by REALSTACK on Sep 11, 2025. The MLS # for this home is MLS# 66124.