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House for sale at 306 S Walnut St, Lampasas, TX 76550 | MLS# 628496 | Listing updated on 2026-10-24
Photo 1 of House for sale at 306 S Walnut St, Lampasas, TX 76550 | MLS# 628496 | Listing updated on 2026-10-24
Photo 2 of House for sale at 306 S Walnut St, Lampasas, TX 76550 | MLS# 628496 | Listing updated on 2026-10-24
Photo 3 of House for sale at 306 S Walnut St, Lampasas, TX 76550 | MLS# 628496 | Listing updated on 2026-10-24
Photo 4 of House for sale at 306 S Walnut St, Lampasas, TX 76550 | MLS# 628496 | Listing updated on 2026-10-24
8+
Beds Icon

Street View

$1,050,000

Monthly Est:$5,226

  • Beds Icon18 Beds
  • Beds Icon
    14 Baths
  • Beds Icon3,628sqft

306 S Walnut St, Lampasas, TX 76550

$5,226/moEst:

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  • Quadruplex

  • Built in 1995

  • $-- HOA

  • 8,973.36 sqft lot

  • $289/sq.ft

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!

  • Houzeo last checked: 12 minutes ago
  • Listing updated: October 24, 2026 at 6:19 am
  • Listing Provided by: Ronald Bumpus (512) 734-2694 DRE #0527713 | Bumpus Real Estate (512) 401-2867
  • Source: Central Texas MLS-TX | MLS#: 628496 Central Texas MLS-TX

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Lampasas County

  • City

    Lampasas

  • Neighborhood

    --

  • Year Built

    1995

  • HOA Fees

    -

  • Finished Area

    3,628 sqft

  • Lot Size

    8,973.36 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Central Texas MLS

  • MLS Number

    628496

  • MLS Status

    Active

  • Days on Market

    6

  • Cumulative Days on Market

    1

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 18

    Bathrooms: 14

Interior

  • Interior Features

    Ceiling Fans, None, See Remarks

  • Cooling

    Central Air

  • Heating

    Central

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1995

  • Home type

    Quadruplex

  • Property Condition

    Resale

  • Architectural Style

    Other, See Remarks

  • Foundation Details

    Slab

  • Roof

    Composition, Shingle

  • Construction Materials

    Brick Veneer, Hardiplank Type

Utilities & Energy

  • Fireplace Features

    None

  • Pool Features

    None

  • Laundry Features

    Other, See Remarks

  • Water Source

    Public

  • Utilities

    None, Water Available

Other Features

  • Subdivision Name

    L S C 1st

Price History

DateEventPrice

10/23/2026

Source: mls_logoCentral Texas MLS-TX #628496

Listed for Sale

$1,050,000

$289/sqft

Based on information from the association of REALTORS® (alternatively, from the Central Texas MLS) through Oct 30, 2026, 05:00AM. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Central Texas MLS, All Rights Reserved.

Advertising Broker: Michelle Brecker | Pathway To Home Realty

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