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— bed, — bath, 3,500 sqft on 0.21 acres in L S C 1st. Lampasas, TX 76550. $299,500. Lampasas ISD.
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.
Verified property facts
304 S Walnut ST Unit #A is listed at $299,500 with 0 bedrooms, 3,500 square feet, 0.21-acre lot.
304 S Walnut ST Unit #A is zoned for Lampasas ISD with assigned schools: Kline Whitis (elementary), Lampasas (middle), Lampasas (high). School assignments should be verified directly with the district.
304 S Walnut ST Unit #A is a Residential Income built in 1950 featuring 0 bedrooms, 3,500 square feet, 0.21-acre lot.
304 S Walnut ST Unit #A is listed by Shipley Ranches. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 25, 2026.
The most recent annual property tax for 304 S Walnut ST Unit #A is $3,668. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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1 record on file
Every recorded listing, sale, and lease at 304 S Walnut ST Unit #A, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Lampasas ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($60K)
Adjustable assumption - not a lending recommendation.
$299,500
Luxury property intelligence
A sourced read on L S C 1st pricing, timing, and property scale. No automated valuation claim.
List price
$299,500
Price per sqft
$86/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
142 days
Original to current
$25.5K reduction
$325K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 25, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 304 S Walnut ST Unit #A. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 25, 2026, 304 S Walnut ST Unit #A is offered at $299,500. The current MLS snapshot shows 42 active listings in 76550.
304 S Walnut ST Unit #A was built in 1950 (76 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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