$1,025,000
$75K PRICE DROP

801 and 803 S Live Oak St Lampasas, TX 76550

Estimated payment $6,486/month

Total Views 985
-- Bed
-- Bath
8,448 Sq Ft
$121 Price per Sq Ft

Highlights

  • 0.64 Acre Lot
  • Traditional Architecture
  • Walk-In Closet
  • Kline Whitis Elementary School Rated A-
  • No HOA
  • Multiple cooling system units

About This Home

**Prime Investment Opportunity in Lampasas** Don’t miss this rare chance to own two fully occupied fourplexes in the heart of Lampasas. Each building offers four well-maintained 2-bedroom, 2-bath units, all featuring full appliance packages—including washer, dryer, refrigerator, and range. With 100% occupancy and long-term, reliable tenants already in place, this turnkey property offers immediate cash flow and minimal management hassle. Located in a high-demand rental market, this is an ideal addition to any investment portfolio.

Listing Agent

Kandi Luensmann

Front Porch Realty Brokerage Phone: (254) 865-6991 License #0625982 Listed on: 06/12/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2014

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Masonry

Interior Spaces

  • Walk-In Closet
  • 8,448 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Laundry closet
  • Dryer

Utilities

  • Multiple cooling system units
  • Heating Available
  • Electric Water Heater

Additional Features

  • 0.64 Acre Lot
  • City Lot

Community Details

  • No Home Owners Association
  • 8 Units
  • Cummings 4 Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 and 2 / 25
  • Assessor Parcel Number 2271 and 152797

Property Details

Home Type

Multi-Family

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: From Key Ave, East on 7th, right on S Live Oak, property is on the left
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.64
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex,Multi Family
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Building Stories: 1
  • Subdivision Name: Cummings 4
  • Water Body Name: None
  • Year Built: 2014
  • Attribution Contact: (254) 865-6991
  • Special Features: None
  • Stories: 1

Interior Features

  • Accessibility Features: Other, See Remarks
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Some Electric Appliances, Range
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), Pantry
  • Living Area: 8448.0
  • Private Spa: No

Exterior Features

  • Construction Type: Masonry
  • Fencing: None
  • Foundation Details: Slab
  • Lot Features: City Lot, Level, 1/2 to 1 Acre Lot
  • Pool Features: None
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • View: None
  • View: No
  • Waterfront: No

Utilities

  • Cooling: Electric, 3+ Units
  • Cooling Y N: Yes
  • Electricity On Property: Yes
  • Heating: Electric, Multiple Heating Units
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Laundry Closet
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lampasas ISD

Lot Info

  • Additional Parcels Description: yes
  • Parcel #: 2271 and 152797

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Tax Info

  • Tax Block: 25
  • Tax Lot: 1 and 2
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $1,025,000 -2.4% $121 / Sq Ft
06/30/2025 06/30/25 Price Changed $1,050,000 -4.5% $124 / Sq Ft
06/12/2025 06/12/25 For Sale $1,100,000 -- $130 / Sq Ft
Source: Central Texas MLS (CTXMLS)

Source: Central Texas MLS (CTXMLS)

MLS Number: 583241

Central Texas MLS (CTXMLS)