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306 S Walnut Street, 
Lampasas, TX 76550

$1,050,000


—

Bed


—

Bath


3,628

Sq Ft


Multi-Family


Virtual Tour

Pending

Listed by

Ronald Bumpus

Bumpus Real Estate

Last updated:

November 11, 2026, 09:21 AM

MLS#

628496

Source:

TX FRAR

About This Home

306 S Walnut Street

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!

Home Facts

Multi-Family

Built in 1995

Subdivision & Development:

L S C 1st

Price Summary

1,050,000

$289 per Sq. Ft.

MLS #:

628496

Last Updated:

November 11, 2026, 09:21 AM

Added:

21 day(s) ago


Rooms & Interior

Interior

Living Area:

3,628 Sq. Ft.


Structure

Structure

Building Area:

3,628 Sq. Ft.

Year Built:

1995


Lot

Lot Size (Sq. Ft):

8,973


Finances & Disclosures

Finances

Price:

$1,050,000

Price per Sq. Ft:

$289 per Sq. Ft.

Source:TX FRAR
Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site comes in part from the FHAAR IDX INFO SHARE PROGRAM. Real estate listings held by brokerage firms other than Coldwell Banker Realty include the name of the listing agent. Copyright 2026 FHAAR IDX INFO SHARE PROGRAM. Last Updated November 11, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.