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    606 Key Ave Lampasas, TX 76550

    For Sale
    $750,000

    Victorian Charm, High Traffic Location

    Property size:
    3,382 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This stunning 3,382 square foot Victorian-style office building, situated on a 0.41-acre lot at 606 S Key Ave in Lampasas, Texas, presents a unique investment opportunity. Recently renovated, the property boasts a brand-new HVAC system, a newly installed bathroom shower, fresh exterior paint, and updated furnishings. The building's historical character is undeniable, featuring original long-leaf pine floors, exquisite woodwork, high ceilings, beautiful stained-glass windows, transoms, and two fireplaces. Adding to its charm is a large covered front porch complete with a porch swing, a claw-foot tub, and expansive picture windows. Its versatile zoning (C-1 and Residential) allows for a variety of uses, having previously served as a residence, bed and breakfast, gift shop, and law offices. The prime location on Highway 183, directly across from HEB, ensures high visibility and accessibility, with a daily traffic count of 17,287 vehicles. This exceptional property offers a blend of historical elegance and modern functionality, making it an ideal investment for discerning buyers seeking a unique and profitable venture. The property is also available for lease.

    Property Features for 606 Key Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,382 SF
    Lot Size
    17,860 SF

    Building Details

    Year Built
    1920
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shell & Shell Law Firm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lampasas
    County
    Lampasas
    State
    Texas
    Longitude
    -98.18172
    Latitude
    31.06214

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    FAQs

    What type of property is this?
    Office Property Space - Victorian Charm, High Traffic Location
    Where is this office property space located?
    The property is located at 606 Key Ave Lampasas, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    (512) 550-3624
    Request Owner's contact information
    606 Key Ave Lampasas, TX 76550
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    Lampasas, TX 76550
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    606 Key Ave Lampasas, TX 76550
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