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$299,500

NAL Estimated Property Value

304 S Walnut ST A, B, & C, Lampasas, TX, 76550

$389,350 ARVInfo
Off MarketInfo
Beds— Beds
Baths— Bath
Baths3,500 Sq Ft
price_per_sqft$85.57 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesDishwasher, Electric Range, Refrigerator
FlooringVinyl, Wood

Exterior

Exterior FeaturesNone

About this property

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.

Investor Tools

Property Icon
$299,500
Estimated Property Value
$0Estimated Mortgage Balance
$299,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$389,350
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,797 /month
Positive
Cash Flow Estimate:
$599 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Lampasas

304 S Walnut ST A, B, & C | Property Details | No Agent List