Date
Details
Price
Change
Source
5/06/2026
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/11
$325,000
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Property Description
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.
Full Property Details
Full Property Details for 304 S Walnut St #A, B, & C
General
- Price: $325,000
- Taxes: $3,668 (2025)
- Status: Active
- Type: Triplex
- Source: Austin_MLS
- MLS ID: 2455130
- Updated: 5/6/2026
- Added to Site: 21 day(s) ago
Interior
- Appliances: Dishwasher, Electric Range, Refrigerator
- Flooring: Vinyl, Wood
Rooms
Other Rooms
- Laundry: Laundry Room, Gas Dryer Hookup
Additional Information
- Shared Amenities: None
- Security/Safety: None
- Equipment: None
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Covered, Porch
Parking
- Total Spaces: 3
- Parking Features: Alley Access, Attached
Location
- Area: LP
- County: Lampasas
- Subdivision: L S C 1st
- Driving Directions: From Key AVE heading North, turn left onto W Third St. Travel 350ft and take a right onto S Walnut Street. In 200 ft property will be on your left.
- Direction Faces: East
School Information
- Elem School District: Lampasas ISD
- Midd School District: Lampasas ISD
- High School District: Lampasas ISD
- Elementary School: Kline Whitis
- Middle School: Lampasas
- High School: Lampasas
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Varies by Unit, Wall/Window Unit(s)
- Heating Type: Central, Electric, Varies by Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Phone Available, See Remarks
Structural Information
- Detached/Attached: Detached
- Construction: Shake Siding, Spray Foam Insulation, Synthetic Stucco
- Roof: Shingle
- Windows: None
- Square Feet: 3,500
- Sq. Ft. Source: Public Records
- Living Area: 3,500 Sq. Ft.
- Year Built: 1950
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: City
- Lot Size (Acres): 0.2059
- Lot Size (Sq. Ft.): 8,969
- Lot Features: Alley, Few Trees
- Fencing (Description): None
Financial Considerations
- Assessment Amount: $193,550
- Tax Amount: $3,668.16
- Tax Year: 2025
- Terms: Cash, Conventional
- Owner Pays: Insurance, Taxes
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: L S C 1ST ADDN BLOCK 1 - 70, BLOCK 18, LOT 3, ACRES 0.206
- Disclosures/Reports: Seller Disclosure
- Property ID: 1229
- Block: 18
- Lot Number: 3
Listed by Shipley Ranches
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Or call us at (800) 531-7667
Listing agent
— 304 S Walnut St #A, B, & C —
Shipley Ranches
(254) 630-6380
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 304 S Walnut St #A, B, & C
School District:Lampasas Independent School District
| Name | Grades | Distance |
|---|---|---|
Kline Whitis Elementary School 500 South Willis Street, Lampasas, TX 76550 | PK-5 | 1.2 mi |
Lampasas Middle School 902 South Broad Street, Lampasas, TX 76550 | 6-8 | 0.4 mi |
Lampasas High School 2716 S Hwy 281, Lampasas, TX 76550 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 304 S Walnut St #A, B, & C
Tax History
Tax History for 304 S Walnut St #A, B, & C
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,668
156%
$193,550
1%
2022
$1,433
—
$190,920
70%
2022
$1,433
—
$112,240
65%
2022
$1,433
-5%
$68,220
2%
2021
$1,502
-6%
$66,970
2%
2020
$1,590
1%
$65,630
2%
2019
$1,571
3%
$64,490
6%
2017
$1,531
-5%
$60,690
-6%
2016
$1,617
—
$64,830
—
2015
$1,610
—
$64,830
—
2013
$1,617
1%
$64,830
—
2012
$1,604
—
$64,830
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 304 S Walnut St #A, B, & C
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304 S Walnut Street #A, B, & C, Lampasas, TX 76550 (MLS# 2455130) is a Triplex property with 0 bedrooms and 0 full bathrooms. 304 S Walnut Street #A, B, & C is currently listed for $325,000 and was received on May 06, 2026. Want to learn more about 304 S Walnut Street #A, B, & C? Do you have questions about finding other Triplex real estate for sale in Lampasas? You can browse all Lampasas real estate or contact a Coldwell Banker agent to request more information.