Two-Story Office
For Sale
$1,600,000
1305 S Key Ave, Lampasas, TX 76550
Commercial Sale, Lampasas, TX
Property Size20,000 SF
Lot Size0.88 Acres
Price / SF$80
Days on Market197
Property Features for 1305 S Key Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
View
City
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
Lot size
0.88 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
38343
Utilities
Heating system
Electric (Heating), Forced Air
Water source
Public
Building Details
Year built
1990
Floors in Building
2
Flooring type
Tile, Vinyl, Carpet
Building materials
Stucco
Roof type
Tar/Gravel
Architectural style
Other
Listing Agency:
Texas Real Estate Sales
(512) 627-6670
Listed By:
Leah Caruthers · License #0561403
(512) 556-9090
Added: Feb 26
Changed: Sep 7
Last Checked: Sep 11 at 6:06AM
MLS# 11662719
Copyright © 2026 My State MLS. 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 two-story office building contains 20,000 square feet and currently accommodates several tenants, with additional room for occupancy. Constructed in 1990, the property features stucco exterior construction, vinyl, carpet, and tile flooring, along with forced-air and electric heating. Public water service and a tar-and-gravel roof are also in place.
The 0.88-acre corner parcel offers 200 feet of highway frontage and an oversized parking area. It sits along a corridor served by Highway 281, Highway 183, and Highway 190, with a current TXDOT daily vehicle count of 15,720. The building is near the intersection of Highway 190 and the connection route to Highway 281. Additional land owned by the seller across the side street may also be purchased.
The 0.88-acre corner parcel offers 200 feet of highway frontage and an oversized parking area. It sits along a corridor served by Highway 281, Highway 183, and Highway 190, with a current TXDOT daily vehicle count of 15,720. The building is near the intersection of Highway 190 and the connection route to Highway 281. Additional land owned by the seller across the side street may also be purchased.
Key Highlights
- 20,000‑square‑foot, two‑story office building
- 0.88‑acre corner lot with 200 feet of highway frontage
- Current daily TXDOT vehicle count of 15,720
Property Analytics
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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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office property with substantial parking and varied interior finishes.
Where is this office building located?
The property is located at 1305 S Key Ave 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; 0.88‑acre corner lot with 200 feet of highway frontage; Current daily TXDOT vehicle count of 15,720
