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Investment Highlights

  • Convenient Location
  • Updated with fresh paint
  • Well maintained
  • Businesses/Restaurants within walking distance
  • Lots of natural light in Units

Executive Summary

Take a look at this well-constructed triplex rental property with three units in total. Two larger units are three bedrooms, two bathrooms, and 2,176 ft each. No carpet! Fresh paint and well-maintained. A smaller lower unit is a four-bedroom, one bath w/ a laundry room and just under 1000 square feet. This property sits on a .48-acre lot with Highway 190 Frontage and within walking distance to Walmart, HEB and restaurants. Tenants will appreciate the large tree tree-covered, fenced backyard. This triplex is perfectly set up for an owner to occupy one of the massive 2,000+ sq ft units as their primary home. Use the rental income generated by the two additional units to dramatically reduce or possibly even eliminate your monthly housing costs! Come take a look today *Measurements are for Unit C (Top Unit)

Property Facts

Price $550,000
Price Per Unit $183,333
Sale Type Investment
No. Units 3
Property Type
Multifamily
  • Multifamily Apartments
  • Office Office Residential
Apartment Style Low-Rise
Lot Size 0.48 AC
Building Size 5,306 SF
No. Stories 2
Year Built 1999
Zoning Mixed - Businesses, Retail, Restaurants, Automotive, Apartments, Residential

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Range
  • Tub/Shower
  • Yard
  • Porch

Site Amenities

  • Trash Pickup - Curbside

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
10+5 3 - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
8167
Land Assessment
$68,280
Improvements Assessment
$162,320
Total Assessment
$230,600
  • Listing ID: 39321970

  • Date on Market: 2/4/2026

  • Last Updated:

  • Address: 613 Central Texas Expy, Lampasas, TX 76550

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