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$1,050,000

306 S Walnut Street, Lampasas, TX, 76550

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths3,628 Sq Ft
QuadruplexQuadruplex
price_per_sqft$289.42 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size8,973 sqft

Building Information

Year Built1995
Garage Spaces1

Land Information

APN1227
Land UseResidential
Legal DescriptionLOT: E 65 OF 1 AND 2 BLK: 18 ADDN: L S C 1ST LOCCD:94
Census Tract950304
Assessed Land Value$18,840
Assessed Improvement Value$428,080
Assessment Year2025

About this property

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!

Investor Tools

$0Estimated Mortgage Balance
$446,920Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,300 /month
Positive
Cash Flow Estimate:
$2,100 /month

Interested in this property?

Ron Bumpus

Bumpus Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$732/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,550
$446,920
2025
$18,840
$428,080
$446,920
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,550
$446,920

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$446,920
100%
0%
$0/mo

City: Lampasas