BEDS0
BATHS
SQUARE FEET3,500
MLS#2455130
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONL S C 1st
SCHOOLLampasas ISD
Property Description
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
Property Type: Multi Unit - Multiple
Cooling: Central Air, Varies by Unit, Wall/Window Unit(s)
Heating: Central, Electric, Varies by Unit
Lot Size: 0.21 Acres
Roof Type: Shingle
Taxes: $3,668
Year Built: 1950
Amenities
Gas Dryer Hookup
Feature Descriptions
Appliances: Dishwasher, Electric Range, Refrigerator
Area #: LP
Days on Site: 7
Exterior: Spray Foam Insulation, Shake Siding, Synthetic Stucc
Flood Plain: No
Flooring: Vinyl, Wood
Laundry: Gas Dryer Hookup
Lot: Alley Access, Few Trees
Parcel#: 1229
Parking: Alley Access, Attached
Parking Notes: Alley Access, Attached
Patio/Porch: Covered, Porch
Restrictions: City Restrictions
Sewer: Public Sewer
Special View Info: City
Utilities: Electricity Connected, Phone Available
Water: Public
Local Schools
High School: Lampasas
Middle School: Lampasas
Elementary School: Kline Whitis
School District: Lampasas ISD
Listed By / Shown By
Listed By
Agency Name: Shipley Ranches
Agency Contact: (254) 630-6380
Shown By
Agent Name: Fred Milling
Agent Phone: (512) 623-0580
Agency Title: Realty Capital City
Estimate Your Payment
Estimated Payment
$ 1,123.77 per month $723.31 Principal & Interest $305.67 Property Tax $94.79 Homeowner's InsuranceChange Payment Information
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 05/13/2026. The listing information on this page last changed on 05/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/13/2026 1:45:02 AM EST) or Austin MLS (last updated Wed 05/13/2026 12:27:41 AM EST) or CTXMLS (last updated Tue 05/12/2026 11:34:25 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Each office independently owned and operated.
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 05/13/2026. The listing information on this page last changed on 05/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/13/2026 1:45:02 AM EST) or Austin MLS (last updated Wed 05/13/2026 12:27:41 AM EST) or CTXMLS (last updated Tue 05/12/2026 11:34:25 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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304 S Walnut St, Unit A, B, & C | MLS# 2455130
This multi-family property located at 304 S Walnut St, Unit A, B, & C, Lampasas, TX 76550 is currently listed for sale with an asking price of $325,000. S Walnut St, Unit A, B, & C is located within the Lampasas ISD school district. Search Lampasas real estate on www.millingaboutre.com today.