loading

306 S Walnut Street

Lampasas, TX 76550
Get Directions →
Just listedJust listed
18 Bedroom(s)
14 Full Bath(s)
3,628 Sqft
0.21 Lot Acres
Multi-Family

Audio narrative

Get full access to Premium Content

Premium Content such as Sold Prices, Property History Reports and Saved Searches.

Sign in to view Premium Content

Description

This bundled investment opportunity includes 3 complexes with a total of 9 units, all currently fully occupied. An excellent opportunity for investors looking to expand their rental portfolio with an established, income-producing property and tenants already in place. A fantastic opportunity for investors to acquire a portfolio of three multifamily properties, featuring a total of 9 rental units, all currently occupied! Building 1 - 306 S Walnut Fourplex with 4 units Each unit features 2 bedrooms and 1 bathroom One carport space per unit Building 2 - 203/205 W 3rd Street Duplex with 2 units Each unit features 2 bedrooms and 1.5 bathrooms One-car garage per unit Building 3 - 208/210 S Ridge and 403 W 2nd Triplex with 3 units Each unit features 2 bedrooms and 2 bathrooms One-car garage per unit Investment Highlights -9 total rental units -All units currently rented -A mix of fourplex, duplex, and triplex properties -Two-bedroom floor plans in every unit -Dedicated covered parking or garage spaces for every unit Whether you''re expanding an existing rental portfolio or looking to invest in income-producing real estate, this is an excellent opportunity to own multiple rental properties with established occupancy. Don''t miss your chance to add these income-producing properties to your investment portfolio!

MLS#
SMABOR-628496
List Price
$1,050,000 ($289/Sqft.)
Listing Status
For Sale
Address
306 S Walnut Street
City
Lampasas
State
TX
Zip Code
76550
County
Lampasas County
Subdivision
L S C 1st
Legal Description
LOT: E 65 OF 1 AND 2 BLK: 18 ADDN: L S C 1ST
Property Type
Multi-Family
Bedroom
18 Bedroom(s)
Bath
14 Full Bath(s)
Stories
1
Building Size
3,628 Sqft/Appraisal District
Year Built
1995 /Appraisal District
Lot Size
0.21 Lot Acres/Appraisal District

Exterior

Roof
Composition, Shingle
Exterior Type
BrickVeneer, HardiplankType
Dock
Yes

Interior

Cooling
Central Air
Heating
Central
Interior
CeilingFans

Rooms

Rooms
Bedroom 1, Bathroom 12, Bathroom 5, Bathroom 3, Bathroom 13, Bathroom 2, Bathroom 11, Bedroom 11, Bedroom 3, Bedroom 17, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 6, Bedroom 12, Bedroom 10, Bathroom 6, Bathroom 10, Bedroom 18, Bathroom 4, Bathroom 8, Bedro

Lot Information

Lot Size
0.21 Lot Acres /Appraisal District
loading
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
Ready to Sell your Home?
Request a complimentary home selling analysis featuring recently sold properties, market trends, home valuations and a personalized market update.
Start Selling your Home

Listing Broker

Information source

Central Texas MLS
Source last updated Oct 25, 2026 at 10:18 AM
Listing last updated Oct 24, 2026 at 10:20 AM
View website →

Know the property tax history and market value


Estimate your mortgage payments

Create and estimate your monthly mortgage payment and property taxes based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
--------
-------- --------

Explore school information

Check out assigned and nearby schools along with their detailed ratings and essential information to help you make informed decisions.

Assigned schools

View nearby schools view nearby schools

Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
Contact agent
Call