304 S Walnut ST # C, Lampasas TX 76550

Lampasas, TX 76550 | L S

$325,000 $93/sqft
0 Beds
Baths
3,500 Sq Ft
0.2059 Acres
1950 Built

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.

Features

  • Gas Dryer Hookup

Location

Schools

School District Lampasas ISD
Elementary Kline Whitis
Middle School Lampasas
High School Lampasas

Property Details

Property Type Residential Income
Flooring Vinyl, Wood
Cooling Central Air, Varies by Unit, Wall/Window Unit(s)
Heating Central, Electric, Varies by Unit
Exterior None
County Lampasas
MLS # 2455130

Tax Information

Annual Taxes $3,668 (2025)

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Listing History

MLS# 2455130 - Updated May 8, 2026 1 days
May 6, 2026 Listed Listing Courtesy of Shipley Ranches - jim@​shipleyranches.com $325,000

Frequently Asked Questions About 304 S Walnut ST # C, Lampasas TX 76550

When was 304 S Walnut ST # C, Lampasas TX 76550 built?

304 S Walnut ST # C, Lampasas TX 76550 was built in 1950.

How much does 304 S Walnut ST # C, Lampasas TX 76550 cost?

304 S Walnut ST # C, Lampasas TX 76550 is listed for sale at $325,000. That is $93 per square foot.

What school district is 304 S Walnut ST # C, Lampasas TX 76550 in?

304 S Walnut ST # C, Lampasas TX 76550 is in the Lampasas ISD school district. Assigned schools include Kline Whitis (elementary), Lampasas (middle), Lampasas (high school).

What are the property taxes on 304 S Walnut ST # C, Lampasas TX 76550?

The annual property taxes on 304 S Walnut ST # C, Lampasas TX 76550 are $3,668 (as of 2025).

How big is the lot at 304 S Walnut ST # C, Lampasas TX 76550?

The lot at 304 S Walnut ST # C, Lampasas TX 76550 is 0.2059 acres, and the home has 3,500 square feet of living space.

What type of property is 304 S Walnut ST # C, Lampasas TX 76550?

304 S Walnut ST # C, Lampasas TX 76550 is a residential income property.

What subdivision is 304 S Walnut ST # C, Lampasas TX 76550 in?

304 S Walnut ST # C, Lampasas TX 76550 is located in the L S subdivision in Lampasas, TX.

How long was 304 S Walnut ST # C, Lampasas TX 76550 on the market?

304 S Walnut ST # C, Lampasas TX 76550 was on the market for 1 days, listed on May 6, 2026.

What heating and cooling does 304 S Walnut ST # C, Lampasas TX 76550 have?

304 S Walnut ST # C, Lampasas TX 76550 has central, electric, varies by unit heating and central air, varies by unit, wall/window unit(s) cooling.

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