Date
Details
Price
Change
Source
10/23/2026
Listed
$1,050,000
—
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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Property 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!
Full Property Details
Full Property Details for 306 S Walnut St
General
- Price: $1,050,000
- Status: Active
- Type: Multi-Family
- Source: Central_Texas_MLS
- MLS ID: 628496
- Updated: 10/23/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), None, See Remarks
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Other, See Remarks
Parking
- Garage: Yes
- Garage Spaces: 1
- Carports: Yes
- Carport Spaces: 1
Location
- County: Lampasas
- Subdivision: L S C 1st
- Driving Directions: Located at the corner of 3rd St and Walnut. The triplex is located at the corner of 2nd St and Ridge.
School Information
- Elem School District: Lampasas ISD
- Midd School District: Lampasas ISD
- High School District: Lampasas ISD
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: None, Water Available
Structural Information
- Architectural Style: Other, See Remarks
- Construction: Brick Veneer, HardiPlank Type
- Roof: Composition, Shingle
- Stories/Levels: 1
- Square Feet: 3,628
- Sq. Ft. Source: Appraiser
- Living Area: 3,628 Sq. Ft.
- Year Built: 1995
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.206
- Frontage: City Street
- Fencing (Description): Chain Link
Financial Considerations
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Legal Description: LOT: E 65 OF 1 AND 2 BLK: 18 ADDN: L S C 1ST
- Property ID: 1227
- Block: 18
- Lot Number: 1
Listed by Bumpus Real Estate
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Listing agent
— 306 S Walnut St —
Bumpus Real Estate
(512) 734-2694
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 306 S Walnut St
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 | 0.3 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 306 S Walnut St
Tax History
Tax History for 306 S Walnut St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,322
5%
$175,270
6%
2022
$3,151
—
$165,490
-6%
2022
$3,151
—
$176,840
18%
2022
$3,151
20%
$150,040
28%
2021
$2,634
33%
$117,490
44%
2020
$1,976
2%
$81,550
7%
2017
$1,929
1%
$76,460
—
2016
$1,907
—
$76,460
—
2015
$1,899
-2%
$76,460
-4%
2019
$1,939
2%
$79,570
4%
2013
$1,909
1%
$76,530
—
2012
$1,893
—
$76,530
—
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 306 S Walnut St
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- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
Listed by Caroline Williams (512) 786-2575
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306 S Walnut Street, Lampasas, TX 76550 (MLS# 628496) is a Multi-Family property with 9 units containing 0 bedrooms and 0 full bathrooms. 306 S Walnut Street is currently listed for $1,050,000 and was received on October 23, 2026. Want to learn more about 306 S Walnut Street? Do you have questions about finding other Multi-Family real estate for sale in Lampasas? You can browse all Lampasas real estate or contact a Coldwell Banker agent to request more information.