LKV Realty
Logo
$315,000
$1,650Reward *
304 S Walnut ST A, B, & C, Lampasas, TX 76550Listing ID 2455130

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

Active
L S C 1st
Time on site: 98 daysLast updated: Jun 24, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Triplex
Square Feet
Square Feet
3,500
Acres
Acres
0.21
Days on Site
Days on Site
97
Cooling
Cooling
Central Air, Varies by Unit, Wall/Window Unit(s)
Heating
Heating
Central, Electric, Varies by Unit
Year Built
Year Built
1950
Parking
Parking
Alley Access, Attached

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 Information

Property Details

Location

Address
304 S Walnut ST
County
Lampasas
City
Lampasas
Zip Code
76550
Subdivision
L S C 1st
School District
Lampasas ISD
High School
Lampasas
Elementary School
Kline Whitis
MLS Area
LP

Interior Features

Heating and Cooling

Cooling
Central Air, Varies by Unit, Wall/Window Unit(s)
Heating
Central, Electric, Varies by Unit

Building

Building Information

Square Feet
3,500
Year Built
1950
Construction
Spray Foam Insulation, Shake Siding, Synthetic Stucco
Foundation
Pillar/Post/Pier, Slab
Roof
Shingle
Condition
Resale

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$3,668
Tax Year
2025
Shipley Ranches, (325) 998-4548

Market Report for 76550

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Unlock MLS
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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. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from 12 Aug 2026, 09:35 PM UTC. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. 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. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.

For corrections to this data please contact Brytecore MLS Support.

ACT756113