Office Building with Highway
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 Market187
Property Features for 1305 S Key Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Driveway, Garage
Accessibility
Accessible Approach with Ramp
Subdivision
L S C 2nd
Lot features
Corner Lot, City Lot, Level, Half To One Acre Lot
Elementary school
Kline Whitis
Middle school
Lampasas Middle School
High school
Lampasas High School
Elementary school district
Lampasas ISD
Middle school district
Lampasas ISD
High school district
Lampasas ISD
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 Year
2025
Tax Description
LOT: LOTS 1-2-3-4 BLK: 1 ADDN: L S C 2ND PID: 1827 Lot: Lots 7-8 BLK: 1 ADDN: L S C 2ND LocCd: 94 PID: 1830
Tax Annual Amount
36759
Legal Description
LOT: LOTS 1-2-3-4 BLK: 1 ADDN: L S C 2ND PID: 1827 Lot: Lots 7-8 BLK: 1 ADDN: L S C 2ND LocCd: 94 PID: 1830
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1990
Floors in Building
2
Flooring type
Tile, Carpet, Vinyl
Building materials
Stucco
Roof type
Tar/Gravel
Listing Agency:
Texas Real Estate Sales
(512) 556-9090
Listed By:
Leah Caruthers · License #0561403
(512) 627-6670
Added: Feb 17
Changed: Aug 20
Last Checked: Aug 23 at 11:06AM
MLS# 603398
Copyright © 2026 Central Texas Multiple Listing Service. 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.
Located at 1305 S Key Avenue in Lampasas, this 20,000-square-foot, two-story office building sits on a 0.88-acre corner lot. The property accommodates several existing tenants and includes additional room for occupancy. Stucco construction, tile, carpet, and vinyl flooring, central air, electric heating, public water, and public sewer are among the existing improvements. The building was constructed in 1990.
The site offers 200 feet of highway frontage and is positioned along a corridor served by Highway 281, Highway 183, and Highway 190. A current TXDOT traffic count is 15,720 vehicles per day. The property is near the Highway 190 intersection and the connection route to Highway 281, with an attached oversized parking lot that may also support additional building space. Accessible ramp approach, driveway parking, and garage parking are included.
The site offers 200 feet of highway frontage and is positioned along a corridor served by Highway 281, Highway 183, and Highway 190. A current TXDOT traffic count is 15,720 vehicles per day. The property is near the Highway 190 intersection and the connection route to Highway 281, with an attached oversized parking lot that may also support additional building space. Accessible ramp approach, driveway parking, and garage parking are included.
Key Highlights
- 20,000‑square‑foot, two‑story office building on 0.88 acres
- 200 feet of highway frontage with a current TXDOT count of 15,720 vehicles per day
- Located along Highway 281, Highway 183, and Highway 190 in Lampasas
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 - Two-story office property with multiple tenants and an oversized parking area.
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 0.88 acres; 200 feet of highway frontage with a current TXDOT count of 15,720 vehicles per day; Located along Highway 281, Highway 183, and Highway 190 in Lampasas
