304 S Walnut St #A, B, & C, Lampasas, TX 76550

Lampasas
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: jim banks
Office: shipley ranches
MLS#:2455130
Source:ACTRIS
304 S Walnut St #A, B, & C,Lampasas, TX 76550
$315,000
  • - Beds
  • - Baths
  • 3,500 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$315,000
  • Price per sq. ft.:$90

About this home

Excellent investment opportunity in the heart of Lampasas. This tenant-occupied multi-unit residential property offers immediate income potential with three well-positioned rental units in a convenient location close to shopping, restaurants, schools, and everyday amenities. The property features a duplex with each side offering approximately 1,200 square feet, 2 bedrooms, and 1 full bath. In addition, a separate two-story unit was fully renovated in 2023 and includes approximately 1,100 square feet with 2 bedrooms, 1 full bath, and 1 half bath. All units are currently tenant occupied, providing a turnkey opportunity for investors seeking steady rental income. Conveniently located with easy access to downtown Lampasas, this property offers strong long-term investment potential in a growing Central Texas market. Whether you are looking to expand your rental portfolio or secure a multi-unit income-producing property, this is an opportunity worth exploring.

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Home facts

  • Year built:1950
  • Subdivision & Development:L S C 1st
  • Listing ID #:2455130
  • Updated:August 23, 2026 at 03:29 PM

Rooms and interior

  • Flooring:Vinyl, Wood
  • Kitchen Description:Dishwasher, Electric Range, Refrigerator
  • Living area:3,500 sq. ft.

Heating and cooling

  • Cooling:Central, Electric, Varies by Unit
  • Heating:Central, Electric, Varies by Unit
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:3,500 sq. ft.
  • Lot area:0.21 Acres
  • Lot Features:Alley, Few Trees
  • Construction Materials:Shake Siding, Spray Foam Insulation, Synthetic Stucco
  • Foundation Description:Pillar/Post/Pier, Slab

Schools

  • High school:Lampasas
  • Elementary school:Kline Whitis

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$315,000
  • Price per sq. ft.:$90
  • Tax amount:$3,668 (2025)

Features and amenities

  • Appliances:Dishwasher, Electric Range, Refrigerator

Parking

  • Total parking spaces:3
  • Parking description:Alley Access, Attached
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