304 S WALNUT STREET #A, B, & C, LAMPASAS, TX 76550
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304 S Walnut Street #A, B, & C
Lampasas, TX 76550
List Price$325,000
Listing #2455130
3,500
Square Feet
3
Number of Units
Multi-Unit Residential
Type
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 Features
Location Information
County
Lampasas
Subdivision
L S C 1st
County
Lampasas
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.
Area
LP
Interior Features
Number of Fireplaces
0
Disabled Features
None
Heating
Central, Electric, Varies by Unit
Appliances
Dishwasher, Electric Range, Refrigerator
Floors
Vinyl, Wood
Total Number of Units
3
Laundry
Laundry Room, Gas Dryer Hookup
Accessibility
None
Exterior Features
Style
Shake Siding, Spray Foam Insulation, Synthetic Stucco
Parking Description
Alley Access, Attached
Is New Construction
No
Garage Spaces
0
Construction/Exterior
Shake Siding, Spray Foam Insulation, Synthetic Stucco
Fencing
None
Exterior
None
Lot Size in Acres
0.206
Foundation
Pillar/Post/Pier, Slab
Waterfront Description
None
Possession
Closing & Funding, Close Of Escrow, Rental Agreement
Has Waterfront
No
Water / Sewer
Public Sewer
Has View
Yes
Water
Public
View
City
School
Elementary School District
Lampasas ISD
Middle School
Lampasas
Elementary School
Kline Whitis
High School
Lampasas
Additional Information
Roof/Attic
Shingle
APN
1229
Other Utilities
Electricity Available, Electricity Connected, Phone Available, See Remarks
Status
Active
Property Type
RI
Pets
No
Property SubType
Triplex
Documents Available
None
Year Built
1950
Square Feet Source
Public Records
Similar Listings
Mortgage Calculator
$1,516
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,171
Monthly Tax
$270
Monthly Insurance
$75
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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