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    Lampasas, TX Multifamily Properties for Sale

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    Kempner, TX Burnet, TX Lometa, TX Briggs, TX Copperas Cove, TX Bertram, TX Bend, TX Tow, TX
    Duplex with Carport
    Updated: Jun 10
    Duplex with Carport

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

    $229,500
    1,760 sqft 0.16 AC lot
    Two‑unit duplex with 1,760 SF total and 880 SF per residence
    Each side offers 2 bedrooms and 1 bathroom
    Recent updates completed inside and outside
    Refrigerators included in both units; washer/dryer hookups provided
    Approximately 0.4 miles from H‑E‑B
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    Triplex With Large Units
    Updated: Nov 20, 2025
    Triplex With Large Units

    613 Central Texas Expressway, Lampasas, TX 76550

    $550,000
    0.48 AC lot
    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
    Within walking distance to Walmart, HEB, and restaurants
    1999 construction with HardiPlank and brick exterior materials
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    Tenant-Occupied Triplex with Renovated Unit
    Tenant-Occupied Triplex with Renovated Unit

    304 S Walnut St A, B, & C, Lampasas, TX 76550

    $299,500
    3,500 sqft

    Three occupied rental units include a duplex and a separate two-story residence.

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    See hot listings in Lampasas

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    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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    Turn-Key Hill Country RV Resort
    Turn-Key Hill Country RV Resort

    4120 N Hwy 281, Lampasas, TX 76550

    $2,225,000
    67.78 AC lot

    Scenic RV resort investment opportunity in the heart of Central Texas.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Lampasas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Unit Duplex with Garages
    Two-Unit Duplex with Garages

    1307 Liberation Ln, Copperas Cove, TX 76522

    $369,900
    2,614 sqft

    Each residence includes a private, fenced backyard and a one-car garage.

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    Duplex with Spacious Backyards
    Duplex with Spacious Backyards

    1806 Castroville Trl, Copperas Cove, TX 76522

    $340,000
    2,484 sqft

    Two three-bedroom, two-bath units offer stained concrete floors and stainless steel kitchen appliances.

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

    12200 Private Road 3641, Kempner, TX 76539

    $375,000
    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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    Brick Duplex with Fenced Lot
    Brick Duplex with Fenced Lot

    219 Janelle Dr #A & B, Copperas Cove, TX 76522

    $298,000
    2,380 sqft

    The two residences each have three bedrooms and two bathrooms, with one unit vacant and the other occupied by a tenant.

    View details

    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 Land Tract
    Hunting Land Tract

    117205 Arrow Drive, Copperas Cove, TX 76522

    $90,797
    1.65 AC lot

    Untouched hunting land where mobile homes are allowed, with electric nearby and wildlife commonly seen on site.

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    Hunting Land Parcel
    Hunting Land Parcel

    117206 Arrow Drive, Copperas Cove, TX 76522

    $44,954
    1.72 AC lot

    Mobile homes are allowed on this 1.716-acre tract with electric nearby and wildlife sightings common in the area.

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    Cleared Lot in Sherwood Shores
    Cleared Lot in Sherwood Shores

    933 County Road 118, Burnet, TX 78611

    $51,000

    Level lot ready for your home in Burnet, 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, TX Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Lampasas, TX, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 8,642 square feet of properties for sale, with an estimated market value of $4,054,000.

    Sale prices for multifamily properties in Lampasas, TX start at $229,500, averaging $810,800, and reaching up to $2,225,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 2
    Duplexes 1
    Mobile home & RV parks 1
    Short term rental properties 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +6.2%
    Median Household Income $73,697
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

    Identify Lampasas submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    76550 $810.8K

    Taxes & Financing

    Tax Rate (average for all types) 1.58%
    Property Tax per SF $22.56 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lampasas County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    • 76550

    Featured Lampasas Real Estate Agencies

    Realmo connects you with licensed Lampasas CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Bear Real Estate Services
    405 E 3rd St Lampasas, TX 76550
    Phone: (512) 556-9321
    www.BearRealEstateServices.com
    Texas Real Estate Sales
    1902-A US Hwy 281 S Lampasas, TX
    Phone: (512) 556-9090
    The Kuker Company
    P O Box 934, 611 Central Texas Expressway Lampasas, TX
    Phone: (512) 556-4600
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