Active

Price cut: $10K (6/25)

$315,000

304 S Walnut St #A-b, Lampasas, TX 76550

6beds

4baths

3,500sqft

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Triplex

Built in 1950

-- sqft lot

$-- Zestimate^®

$90/sqft

$-- HOA

What's special

Separate two-story unit

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.

72 days

137

4

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Rooms

Room types: Primary Bedroom, Primary Bathroom, Bathroom, Kitchen

Heating

Central, Electric, Varies by Unit

Cooling

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

Appliances

Included: Dishwasher, Electric Range, Refrigerator

Features

Gas Dryer Hookup
Flooring: Vinyl, Wood
Windows: None

Interior area

Total interior livable area: 3,500 sqft

Property

Parking

Parking features: Alley Access, Attached
Has attached garage: Yes

Accessibility

Accessibility features: None

Features

Levels: Multi/Split
Patio & porch: Covered, Porch
Exterior features: None
Fencing: None
Has view: Yes
View description: City
Waterfront features: None

Lot

Size: 8,969 Square Feet
Features: Alley Access, Few Trees

Details

Additional structures: None
Parcel number: 1229
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Foundation: Pillar/Post/Pier, Slab
Roof: Shingle

Condition

Resale
New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Phone Available

Community & HOA

Community

Features: None
Subdivision: L S C 1st

HOA

Has HOA: No

Location

Region: Lampasas

Financial & listing details

Price per square foot: $90/sqft
Annual tax amount: $3,668
Date on market: 5/6/2026
Listing terms: Cash,Conventional
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/25/2026	Price change	$315,000-3.1%$90/sqft
Source: Unlock MLS #2455130 Report a problem
5/6/2026	Listed for sale	$325,000$93/sqft
Source: Unlock MLS #2455130 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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