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Triplex with Highway Frontage
For Sale
$550,000

613 Central Texas Expressway, Lampasas, TX 76550

MULTI_FAMILY - Lampasas, TX

Property SizeContact for details
Lot Size0.48 Acres
Days on Market277

Property Features for 613 Central Texas Expressway

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning description Mixed Use
Bedrooms 10
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Laundry Room, Bathroom 4, Bedroom 9, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 10, Bathroom 5, Bedroom 8, Bedroom 6, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 7
Parking features Driveway
Patio and Porch features Porch
Interior features Master Downstairs
Fencing Fenced
High school district LAMPASAS ISD
Directions Head South on S Key Ave towards 10th St. Turn Left onto Central Texas Expressway aka Hwy 190. Property will be on the Left approximately 2 miles down. Look for our sign
Standard status Active
Lot size 0.48 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3634

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Amenities

fenced backyard
laundry room

Building Details

Year built 1999
Floors in Building 2
Flooring type Laminate, Tile
Building materials HardiPlank Type, Brick
Roof type Asphalt
Listing Agency: Texas Real Estate Sales
Listed By: Leah Caruthers · License #0561403
Added: Nov 20, 2025 Changed: Aug 5 Last Checked: Aug 24 at 4:06PM
MLS# 11609568

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This well-constructed triplex rental property includes three total units. Two larger units each feature three bedrooms and two bathrooms, with 2,176 SF per unit, and the interiors are presented with no carpet. Fresh paint and well-maintained finishes are noted throughout. A smaller lower unit offers four bedrooms and one bathroom, includes a laundry room, and is listed at just under 1,000 SF.

The property sits on a 0.48-acre lot with Highway 190 frontage and is described as within walking distance to Walmart, HEB, and restaurants. Tenants can enjoy the large, tree-covered, fenced backyard. Construction materials include HardiPlank Type and brick, with asphalt roofing, forced-air natural gas heating, and a driveway for parking. The building was built in 1999.

This configuration supports an owner-occupant approach, with the two larger 2,000+ SF units presented as a substantial option for primary residence use while the remaining unit can provide rental income.

Key Highlights

  • 0.48‑acre lot with Highway 190 frontage
  • Three‑unit triplex with two larger 3BR/2BA units
  • Two larger units are each 2,176 SF

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Florist (Bike/Boat/Book/etc) Store Tech Support Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

591
Businesses Nearby

Demographics for 76550, TX

12,840
Population
6,129
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
90%
High-School Grad
541.5 sq mi
ZIP Area
24
Density / Sq Mi
$73,697
Median Household Income
$34,970
Median Earnings
$902
Median Rent
$237,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Well-constructed three-unit triplex with a fenced, tree-covered backyard and no-carpet interiors.
Where is this triplex located?
The property is located at 613 Central Texas Expressway Lampasas, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 0.48‑acre lot with Highway 190 frontage; Three‑unit triplex with two larger 3BR/2BA units; Two larger units are each 2,176 SF
More about this property
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