304 Walnut ST #A, B, & C - Photo 1
View all 11 photos
1 / 11
Active

$315,000

304 Walnut ST #A, B, & C, Lampasas, TX 76550

L S C 1st

Sq Ft3,500
Acres0.21
Year Built1950

About This Property

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.

Property Details

Property TypeMulti-Family
MLS #2455130
Days on Market49
Lot Size0.21 acres
Listed5/6/2026
Last Updated5/6/2026

Location

County
Lampasas
School District
Lampasas ISD
MLS Area
LP

Size

Lot Description
Alley, Few Trees
$/Acre
$1,529,870

Improvements

Fence
None
Exterior Features
None
Heating
Central, Electric, Varies by Unit
Cooling
Central Air, Varies by Unit, Wall/Window Unit(s)
Appliances
Dishwasher, Electric Range, Refrigerator
Flooring
Vinyl, Wood
Windows
None
Construction Materials
Spray Foam Insulation, Shake Siding, Synthetic Stucco
Foundation
Pillar/Post/Pier, Slab
Roof
Shingle
Direction Faces
East
Patio / Porch
Covered, Porch
View
City
Community Features
None
Parking Features
Alley Access, Attached

Location

You Might Also Like

Listing provided by Jim Banks · Shipley Ranches · (254) 630-6380

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$315,000