506 E Wallace Street

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.