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.
Square Feet
3,500
Lot Size
0.2059 acres
Year Built
1950
Tax Assessed
$193,550 (2025)
Property Tax
$3,668.16/yr (2025)
Type
Multi-Family
Status
Active
Shapiro Group
Last checked 2h ago.
As assigned by the MLS listing; verify with the district.
304 S Walnut St #A, B, & C
Lampasas, TX 76550
Loan Term
Est. Monthly Payment
$1,977
Property tax is the county's 2025 bill of $3,668, not an estimate.
Estimates based on 6.5% rate. Actual payments may vary.
Find Similar Properties
SuperSearch finds more listings than Zillow
Coming Soon