Two-Story Office
For Sale
$1,600,000
1305 S Key Avenue, Lampasas, TX 76550
COMMERCIAL - Lampasas, TX
Property Size20,000 SF
Lot Size0.88 Acres
Price / SF$80
Days on Market179
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
Electric (Heating), Central
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 4
Last Checked: Aug 15 at 2:06AM
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.
Two-story, stucco office building totaling 20,000 square feet on a 0.88-acre corner lot. The property is served by public water and public sewer, with electric central heating and electric central air conditioning. Interior finishes include tile, carpet, and vinyl flooring. The roof is tar/gravel, and accessible entry is provided with an accessible approach and ramp. Parking features include a driveway and garage, with an oversized attached parking lot that supports current tenants and additional space needs.
The site is positioned along a three-highway corridor where Highway 281, Highway 183, and Highway 190 flow through Lampasas, Texas. TXDOT reports a current daily car count of 15,720 and the property offers 200 feet of highway frontage. The corner lot provides visibility to the intersection of Highway 190 and the connection route to Highway 281.
Built in 1990, the building is currently used by several tenants and also offers room for additional occupancy or alternative future use.
The site is positioned along a three-highway corridor where Highway 281, Highway 183, and Highway 190 flow through Lampasas, Texas. TXDOT reports a current daily car count of 15,720 and the property offers 200 feet of highway frontage. The corner lot provides visibility to the intersection of Highway 190 and the connection route to Highway 281.
Built in 1990, the building is currently used by several tenants and also offers room for additional occupancy or alternative future use.
Key Highlights
- 20,000 SF two‑story office building on 0.88 acres
- 200 feet of highway frontage on a corner lot
- TXDOT current daily car count of 15,720
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
292
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 building on a corner lot with 200 feet of highway frontage, public utilities, and ramp-accessible entry.
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 SF two‑story office building on 0.88 acres; 200 feet of highway frontage on a corner lot; TXDOT current daily car count of 15,720
