Multifamily

Lampasas, TX Multifamily Properties for Sale

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Watson, TX Kempner, TX Burnet, TX Briggs, TX Lometa, TX Copperas Cove, TX Bertram, TX Kingsland, TX
7 properties
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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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Two-Unit Duplex with Covered Parking
Updated: Feb 9
Two-Unit Duplex with Covered Parking

1704 E 3rd St, Lampasas, TX 76550

$179,000
992 sqft 0.40 AC lot
Two separate residential units within a 992‑square‑foot duplex
0.4‑acre property with covered parking and concrete patios
Each unit includes a washer, dryer, refrigerator, range, microwave, and disposal
Built in 2025 and currently under construction
Public water and public sewer serving the property
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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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See what stands out in Lampasas County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
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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Triplex With Large Units
Triplex With Large Units

613 Central Texas Expressway, Lampasas, TX 76550

$550,000
0.48 AC lot

Three rental residences combine spacious layouts with laminate and tile flooring plus a fenced backyard.

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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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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 15 Potential Opportunities for your consideration. Besides 7 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.

Six-Home Multifamily Property
Six-Home Multifamily Property

237 Signal Street, Kempner, TX 76539

$560,000
5,824 sqft 1.50 AC lot

Tenant-occupied residences feature shared well service and roofs replaced within the past few years.

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Apartment Building with Six Homes
Apartment Building with Six Homes

237 Signal Street, Kempner, TX 76539

$560,000
5,824 sqft 1.46 AC lot

Six tenant-occupied two-bedroom homes with 12-month leases on a shared well near Kempner amenities.

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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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Duplex with Granite Kitchens
Duplex with Granite Kitchens

102 Lost Trail, Copperas Cove, TX 76522

$379,999
2,528 sqft 0.30 AC lot

Recently built ranch-style duplex with flexible occupancy and modern finishes on a 0.3-acre lot.

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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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Bertram Lot with Utilities Included
Bertram Lot with Utilities Included

7528 County Road 330, Bertram, TX 78605

$149,900
1.02 AC lot

1.02-acre lot near Hwy 29 with water and electricity.

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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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Lampasas, TX Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Lampasas, TX, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 9,634 square feet of properties for sale, with an estimated market value of $4,412,000.

Sale prices for multifamily properties in Lampasas, TX start at $179,000, averaging $630,285, 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

Duplexes 3
Triplexes 2
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 $632.5K

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)

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