Skip To Content

304 S Walnut St , A, B, & C

Lampasas, TX 76550
  • $325,000
  • STATUS: Active
  • ID#: 2455130
UPDATED: 50 min ago
$325,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,500
    SQFT
  • $93
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Jim Banks of Shipley Ranches: (254) 630-6380.

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.

Monthly Payment Calculator



© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information 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. Data last updated: 2026-05-19T17:01:11.617.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-05-19T17:01:11.617 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
austin.benkinneyteam.com/homes/176172929
Print Image

304 S Walnut St , A, B, & C Lampasas, TX 76550

  • Price: $325,000
  • Status: Active
  • On Site: Days
  • Updated: 50 min ago
  • ID#: 2455130
0
Beds
0
Baths
0
½ Baths
0.21
Acres
3,500
SQFT
$93
$/SQFT
1950
Built
Neighborhood:
L S C 1St
County:
Lampasas
Area:
Lampasas
Elementary School:
Kline Whitis
Middle School:
Lampasas
High School:
Lampasas
School District:
Lampasas 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.
Exterior Features

Attached Garage YN Yes Covered Spaces 0 Direction Faces East Exterior Features None Fencing None Foundation Details Pillar/Post/PierSlab Garage YN No Levels Multi/Split Lot Features Alley AccessFew Trees Other Structures None Parking Features Alley AccessAttached Patio And Porch Features CoveredPorch Roof Shingle View City Waterfront Features None Waterfront YN No

Interior Features

Appliances DishwasherElectric RangeRefrigerator Cooling Central AirVaries by UnitWall/Window Unit(s) Fireplaces Total 0 Flooring VinylWood Heating CentralElectricVaries by Unit Interior Features Gas Dryer Hookup Laundry Location Laundry Room Unit Room Type Primary BedroomPrimary BathroomBathroomKitchen Window Features None

Property Features

Accessibility Features None Association YN No Community Features None Estimated Taxes 3668.16 Fema Flood Plain No Horse YN No Listing Terms CashConventional New Construction YN No Pets Allowed No Property Condition Resale Property Sub Type Triplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 3668.16 Utilities Electricity ConnectedPhone Available Water Source Public



© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information 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. Data last updated: 2026-05-19T17:01:11.617.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-05-19T17:01:11.617 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
https://bt-photos.global.ssl.fastly.net/austin/1280_boomver_1_2455130-2.jpg https://bt-photos.global.ssl.fastly.net/austin/1280_boomver_1_2455130-2.jpg https://bt-photos.global.ssl.fastly.net/austin/1280_boomver_1_2455130-2.jpg
Logo
Ben Kinney Real Estate Team
1801 S MoPac Expy, #100
Austin TX, 78746
Property listed by Jim Banks of Shipley Ranches: (254) 630-6380.