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304 S Walnut St # A, B, & C Lampasas, TX $ 325,000
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304 S Walnut St # A, B, & C
$ 325,000
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304 S Walnut St # A, B, & C

Lampasas, TX, 76550
$ 325,000
Baths0.0 Sq 3,500

Monthly Estimate*

$ 2,001

304 S Walnut St # A, B, & C, Lampasas, TX 76550 - Image 1
304 S Walnut St # A, B, & C, Lampasas, TX 76550 - Image 2
304 S Walnut St # A, B, & C, Lampasas, TX 76550 - Image 3
304 S Walnut St # A, B, & C, Lampasas, TX 76550 - Image 4
304 S Walnut St # A, B, & C, Lampasas, TX 76550 - Image 5
304 S Walnut St # A, B, & C, Lampasas, TX 76550 - Image 6
304 S Walnut St # A, B, & C, Lampasas, TX 76550 - Image 7
304 S Walnut St # A, B, & C, Lampasas, TX 76550 - Image 8
304 S Walnut St # A, B, & C, Lampasas, TX 76550 - Image 9
304 S Walnut St # A, B, & C, Lampasas, TX 76550 - Image 10
304 S Walnut St # A, B, & C, Lampasas, TX 76550 - Image 11
Studio

Multi-Family Home for sale in Lampasas, TX

for $325,000. This 3,500 square foot home was built in 1950 on a lot size of 0.2059.

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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Multi-Family Active

Price

$ 325,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,668

Style

Triplex

Lot Size

0.2059

Year Built

1950

Town/City

Lampasas

County/Region

Lampasas

MLS | Web ID

2455130
Features
General
Living Area 3500
Sewer Public Sewer
Heating Central Electric Varies by Unit
Cooling Central Air Varies by Unit Wall/Window Unit(s)
Utilities Electricity Connected Phone Available
Roof Shingle
Appliances Dishwasher Electric Range Refrigerator
Garage Spaces 0
Patio/Porch Features Covered Porch
Construction Materials Spray Foam Insulation Shake Siding Synthetic Stucco
Pets Allowed No
Year Built 1950
View City
Levels Multi/Split
Unit Number A B & C
Property Subtype Triplex
Tax Year 2025
Waterfront Features None
Community Features None
Accessibility None
County Lampasas
New Construction N
Property Type Residential Income
HOA N
Energy Efficient None
Subdivision Name L S C 1st
Facing Direction East
Green Sustainability None
Other Structures None
Status Active
Directions From Key AVE heading North turn left onto W Third St. Travel 350ft and take a right onto S Walnut Street. In 200 ft property will be on your left.
High School Lampasas
City Lampasas
Disclosures Seller Disclosure
MLS Area LP
Lot Size Square Feet 8969
Elementary School Kline Whitis
Tax Annual Amount 3668.16
Middle/Junior High School Lampasas
Property Condition Resale
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 193550
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Exterior
Exterior Amenities None
Fencing None
Parking Features Alley Access Attached
Lot Features Alley Few Trees
Water Source Public
Total Parking 3
Foundation Details Pillar/Post/Pier Slab
Lot Size Acres 0.2059
Waterfront Y/N N
Covered Spaces 0
Other Equipment None
Horse Y/N N
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Interior
Flooring Vinyl Wood
Total Fireplaces 0
Window Features None
Total Bedrooms 0
Total Baths 0
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Internal Only
Street Number 1 304
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* Excluded Features
List By
Jim Banks

Listing Agent

Shipley Ranches

Broker

jim@shipleyranches.com

Email

Affordability Calculator

$2,307
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,001
Monthly Property Taxes
$306
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360720 Elementary School
4360724 Middle School
Lampasas High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/6/2026$325,000 Listed Price

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304 S Walnut St # A, B, & C, Lampasas, TX, 76550 is a Multi-Family Home for sale at $325,000 with 3,500 sqft and a lot size of 0.2059. 304 S Walnut St # A, B, & C is a studio with 0.0 baths and was built in 1950. The property's zip code is 76550 which is in Lampasas, TX

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