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    Lampasas County, TX Multifamily Properties for Sale

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    Kempner Multifamily Investment Opportunity
    Updated: Sep 27, 2025
    Kempner Multifamily Investment Opportunity

    237 Signal Street, Kempner, TX 76539

    $560,000
    5,824 sqft 1.46 AC lot
    Almost 1.5‑acre property in Kempner, Texas with six 2‑bedroom, 1‑bath homes
    All roofs replaced a couple of years ago
    Tenant‑occupied with 12‑month leases in place for immediate rental income
    Shared well services the residences
    Public sewer and septic tank listed
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    This listing looks promising.

    Here's a quick look at some key insights for

    237 Signal Street, Kempner, TX 76539

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    • Est. Cap Rate

      8.3%
      Above avg (5.9%)

    • Est. NOI

      $47K
      Annual

    • Price @ 7% Cap

      $665K
      Above asking
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    Duplex with Two 2BR Units
    Updated: Jun 10
    Duplex with Two 2BR Units

    307/309 W 2nd Street, Lampasas, TX 76550

    $274,900
    1,760 sqft 0.16 AC lot
    Duplex with two 2BR/1BA units, each offering 880 SF of living area
    Built in 1985 with brick/masonry construction
    Central air conditioning plus electric heating; attic fan included
    Each unit includes washer and dryer hookups and a refrigerator stays with both units
    Carport parking and a porch; shingle/composition roof
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    Lampasas Duplex: Investment Opportunity
    Lampasas Duplex: Investment Opportunity

    1704 E 3rd St, Lampasas, TX 76550

    $179,000
    992 sqft 0.40 AC lot

    Well-maintained duplex in Lampasas, TX with strong rental potential.

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    Turn-Key Cabin Retreat Property
    Turn-Key Cabin Retreat Property

    12200 Private Road 3641, Kempner, TX 76539

    $399,900
    800 sqft 11.48 AC lot

    Newly built Texas Hill Country retreat on 11.48 acres, featuring turn-key cabins with private bedrooms, full baths, and equipped kitchens.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Duplex with Covered Parking
    Duplex with Covered Parking

    1704 E 3rd St, Lampasas, TX 76550

    $179,000
    992 sqft 0.40 AC lot

    Well-maintained duplex offering two separate units with in-unit washer/dryer and covered parking.

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    Residential Income Duplex
    Residential Income Duplex

    1704 E 3rd Street, Lampasas, TX 76550

    $179,000
    0.40 AC lot

    Duplex for sale in Lampasas, offering an income-focused residential investment opportunity.

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    Turnkey Four-Cabin Income Property
    Turnkey Four-Cabin Income Property

    301 E Cedar Street, Lometa, TX 76853

    $139,000
    0.30 AC lot

    Four rented, all-electric cabins with modern updates and on-site utility management offer a ready-made rental setup.

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    Historic Home with Commercial Zoning
    Historic Home with Commercial Zoning

    606 S Key Ave, Lampasas, TX 76550

    $750,000
    3,382 sqft

    1904 historic home with income potential and commercial zoning.

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    Three-Unit Triplex Rental Property
    Three-Unit Triplex Rental Property

    613 Central Texas Expressway, Lampasas, TX 76550

    $550,000
    0.48 AC lot

    Triplex with two larger 3/2 units and a smaller 4/1 unit, plus a fenced, tree-covered backyard.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Lampasas County, TX, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Hunting and Recreational Land
    Hunting and Recreational Land

    117205 Arrow Drive, Copperas Cove, TX 76522

    $90,797
    1.65 AC lot

    Unimproved acreage in Coryell County suitable for mobile homes, weekend use, or a private hunting tract.

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    Land with Mobile Homes Allowed
    Land with Mobile Homes Allowed

    117206 Arrow Drive, Copperas Cove, TX 76522

    $44,954
    1.72 AC lot

    Untouched acreage in Coryell County suited for mobile homes, weekend getaways, or hunting, with wildlife commonly observed.

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    Salado, TX Land For Sale
    Salado, TX Land For Sale

    FM 3481/Cedar Knob Church Road, Salado, TX 76571

    $875,000
    11.66 AC lot

    11.662 acres near Stillhouse Hollow Lake, Salado, TX.

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    Unrestricted Lots Near Lake LBJ
    Unrestricted Lots Near Lake LBJ

    Gardenia St. lot: 23 & 24, Kingsland, TX 78639

    $30,000
    0.13 AC lot

    Unrestricted lots near Lake LBJ, suitable for RV or tiny home.

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    Lampasas County, TX Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Lampasas County, TX, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 13,750 square feet of properties for sale, with an estimated market value of $3,210,800.

    Sale prices for multifamily properties in Lampasas County, TX start at $139,000, averaging $356,755, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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