# 306 S Walnut Street, Lampasas, TX 76550

> **TL;DR:** 18bd/0ba multi-family, $1,050,000 ($289/sqft), built 1995, 3,628 sqft.
> A/C, 1-car garage. Est. $5,615/mo. Listed 6 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,050,000 |
| Price/sqft | $289 |
| Bedrooms | 18 |
| Square Feet | 3,628 |
| Year Built | 1995 |
| Lot Size | 8,973 sqft (0.21 acres) |
| Stories | 1 |
| Garage | 1-car |
| Property Type | Multi-Family (Quadruplex) |
| Status | Active |
| Days on Market | 6 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $5,309 |
| Estimated Insurance | $306 |
| **Total** | **$5,615** |

## Key Amenities

- A/C
- 1-car garage

## Property Highlights

- Built in 1995
- 0.21 acre lot

## Description

### Agent 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!

## Location

- **Address:** 306 S Walnut Street, Lampasas, TX 76550
- **County:** Lampasas
- **Neighborhood:** L S C 1st
- **Coordinates:** 31.064506, -98.183769
- **Google Maps:** https://www.google.com/maps?q=31.064506,-98.183769

## Listing Agent

- **Name:** Ronald Bumpus · **License:** 0527713
- **Brokerage:** Bumpus Real Estate
- **Broker Phone:** (512) 401-2867
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/306-S-Walnut-St_Lampasas_TX_76550_M86923-58618?f=listhub&s=SMABOR&m=628496&c=propsimple)

## Photos

![306 S Walnut Street - Photo 1](http://lh.rdcpix.com/f7bb45f4ae2ea459cbad162a5329f546l-f1654348678r.jpg)

![306 S Walnut Street - Photo 2](http://lh.rdcpix.com/f7bb45f4ae2ea459cbad162a5329f546l-f303595168r.jpg)

![306 S Walnut Street - Photo 3](http://lh.rdcpix.com/f7bb45f4ae2ea459cbad162a5329f546l-f536796022r.jpg)

![306 S Walnut Street - Photo 4](http://lh.rdcpix.com/f7bb45f4ae2ea459cbad162a5329f546l-f1091177631r.jpg)

![306 S Walnut Street - Photo 5](http://lh.rdcpix.com/f7bb45f4ae2ea459cbad162a5329f546l-f2917000926r.jpg)

![306 S Walnut Street - Photo 6](http://lh.rdcpix.com/f7bb45f4ae2ea459cbad162a5329f546l-f807291646r.jpg)

![306 S Walnut Street - Photo 7](http://lh.rdcpix.com/f7bb45f4ae2ea459cbad162a5329f546l-f3335160143r.jpg)

![306 S Walnut Street - Photo 8](http://lh.rdcpix.com/f7bb45f4ae2ea459cbad162a5329f546l-f1970525848r.jpg)

![306 S Walnut Street - Photo 9](http://lh.rdcpix.com/f7bb45f4ae2ea459cbad162a5329f546l-f1762158561r.jpg)

![306 S Walnut Street - Photo 10](http://lh.rdcpix.com/f7bb45f4ae2ea459cbad162a5329f546l-f1572890712r.jpg)

![306 S Walnut Street - Photo 11](http://lh.rdcpix.com/f7bb45f4ae2ea459cbad162a5329f546l-f2142338499r.jpg)

![306 S Walnut Street - Photo 12](http://lh.rdcpix.com/f7bb45f4ae2ea459cbad162a5329f546l-f1890002004r.jpg)

---

**MLS#:** 628496 | **Updated:** 2026-10-24
**Source:** listhub

*Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/306-s-walnut-street-lampasas-tx-76550-e3b003fa73824a53b016c808cbbb1168)

---

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