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Triplex With Large Units
For Sale
$550,000

613 Central Texas Expressway, Lampasas, TX 76550

Residential Income, Lampasas, TX

Property SizeContact for details
Lot Size0.48 Acres
Days on Market321

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 9, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 10, Laundry Room, Bedroom 6, Bathroom 5
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

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: Sep 17 Last Checked: Oct 7 at 10:06AM
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 triplex contains three residential units with distinct layouts. Two larger apartments each provide three bedrooms, two bathrooms, and 2,176 ft of space, while the lower residence offers four bedrooms, one bathroom, a laundry room, and just under 1000 square feet. Interior finishes include laminate and tile flooring, fresh paint, and no carpet. The property was built in 1999 and features HardiPlank and brick construction, natural-gas forced-air heat, a public water source, porches, driveway parking, and an asphalt roof.

Set on a .48-acre lot along Highway 190 frontage, the property is within walking distance of Walmart, HEB, and restaurants. A fenced backyard with mature tree coverage provides outdoor space for the residences. The unit mix, including two larger apartments and one smaller lower unit, is suited to a three-unit residential income property.

Key Highlights

  • Three‑unit property with two 3‑bedroom, 2‑bath units and one 4‑bedroom, 1‑bath lower unit
  • Two larger units measure 2,176 ft each; the lower unit is just under 1000 square feet
  • .48‑acre lot with Highway 190 frontage

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Gym & Fitness Center Skin Care Clinic Florist (Bike/Boat/Book/etc) Store

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

3
Residential units
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Three rental residences combine spacious layouts with laminate and tile flooring plus a fenced backyard.
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: Three‑unit property with two 3‑bedroom, 2‑bath units and one 4‑bedroom, 1‑bath lower unit; Two larger units measure 2,176 ft each; the lower unit is just under 1000 square feet; .48‑acre lot with Highway 190 frontage
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