Two-Story Office
For Sale
$1,600,000
1305 S Key Avenue, Lampasas, TX 76550
CommercialSale, Lampasas, TX
Property Size20,000 SF
Lot Size0.88 Acres
Price / SF$80
Days on Market134
Property Features for 1305 S Key Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Parking features
Garage, Parking Lot, Alley, Open, Off Street
Accessibility
Accessible Approach with Ramp
Subdivision
L S C 2nd
Lot features
Corner Lot, Level
Directions
From N Key Ave, aka 183, head S towards 190. Property will be on the Left, one block before you get to 190 on the corner of Key Ave and E Vine St.
Standard status
Active
APN
1827
Size
20,000 SF
Lot size
0.88 Acres
Taxes and HOA fees
Tax Description
LOT: LOTS 1-2-3-4 BLK: 1 ADDN: L S C 2ND
Tax Annual Amount
36759
Legal Description
LOT: LOTS 1-2-3-4 BLK: 1 ADDN: L S C 2ND
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1990
Floors in Building
2
Number of units
1
Flooring type
Carpet, Vinyl, Tile
Building materials
Stucco
Roof type
Tar/Gravel
Listing Agency:
TEXAS REAL ESTATE SALES
(512) 556-9090
Listed By:
Leah Caruthers · License #0561403
(512) 556-9090
Added: Apr 13
Changed: Aug 21
Last Checked: Aug 24 at 7:06PM
MLS# 21172297
Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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 20,000-square-foot office building contains two stories and currently accommodates several tenants, with additional interior capacity. Built in 1990, the property features stucco construction, carpet, vinyl and tile flooring, central electric heating and cooling, a tar-and-gravel roof, and an accessible approach with ramp. Public water and sewer serve the building.
The 0.88-acre parcel is positioned on a corner along a three-highway corridor in Lampasas, with 200 feet of highway frontage and a reported daily TxDOT count of 15,720 vehicles. Highways 281, 183 and 190 pass through the area, and the property is near the Highway 190 intersection and a connection route to Highway 281. Parking improvements include an oversized lot, garage, alley access, open spaces and off-street parking.
The 0.88-acre parcel is positioned on a corner along a three-highway corridor in Lampasas, with 200 feet of highway frontage and a reported daily TxDOT count of 15,720 vehicles. Highways 281, 183 and 190 pass through the area, and the property is near the Highway 190 intersection and a connection route to Highway 281. Parking improvements include an oversized lot, garage, alley access, open spaces and off-street parking.
Key Highlights
- 20,000‑square‑foot two‑story office building on a 0.88‑acre parcel
- 200 feet of highway frontage with a reported daily TxDOT count of 15,720 vehicles
- Located along a corridor served by Highways 281, 183 and 190
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Established multi-tenant office property with flexible interior finishes and substantial on-site parking.
Where is this office building located?
The property is located at 1305 S Key Avenue Lampasas, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 20,000‑square‑foot two‑story office building on a 0.88‑acre parcel; 200 feet of highway frontage with a reported daily TxDOT count of 15,720 vehicles; Located along a corridor served by Highways 281, 183 and 190
