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    Two-Story Office Building in Lampasas
    Updated: Apr 22
    Two-Story Office Building in Lampasas

    1305 S Key Avenue, Lampasas, TX 76550

    $1,600,000
    20,000 sqft
    Located on a three‑highway corridor (Highway 281, Highway 183, and Highway 190) in Lampasas, Texas.
    High traffic count of 15,720 vehicles per day (Texdot).
    200 feet of highway frontage on a corner lot.**
    20,000 square‑foot two‑story office building already established with tenants.**
    Oversized parking lot allows for ample parking or additional building space.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1305 S Key Avenue, Lampasas, TX 76550

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $126K
      Annual

    • Price @ 7% Cap

      $1.8M
      Above asking

    • Property Type

      Commercial (General)
      Built 1990
    View Property Analytics
    Two-Story Office Building
    Updated: Apr 13
    Two-Story Office Building

    1305 S Key Avenue, Lampasas, TX 76550

    $1,600,000
    20,000 sqft 0.88 AC lot
    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
    Existing multi‑tenant configuration with additional interior capacity
    Oversized parking lot plus garage, alley, open and off‑street parking
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    Office Building with Highway Frontage
    Office Building with Highway Frontage

    1305 S Key Avenue, Lampasas, TX 76550

    $1,600,000
    20,000 sqft 0.88 AC lot

    Two-story office property with multiple tenants and an oversized parking area.

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    Leased Office Building Corner Lot
    Leased Office Building Corner Lot

    408 N Key Ave, Lampasas, TX 76550

    $690,000
    0.21 AC lot

    Brick office building with central electric HVAC, accessible ramp, and covered carport on a corner lot.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Office Building with Covered Carport
    Office Building with Covered Carport

    408 N Key Avenue, Lampasas, TX 76550

    $690,000
    2,331 sqft 0.21 AC lot

    The layout includes four offices, a reception area, kitchenette, covered porch, and parking.

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    Two-Story Office Building
    Two-Story Office Building

    1305 S Key Ave, Lampasas, TX 76550

    $1,600,000
    0.88 AC lot

    Two-story office building on a corner lot with public water and forced-air/electric heating.

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    Office Building with Covered Carport
    Office Building with Covered Carport

    408 N Key Ave, Lampasas, TX 76550

    $690,000
    2,331 sqft

    Office building on a corner lot with covered carport, reception, kitchenette, and currently leased to an insurance company.

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    Office Building with Covered Porch
    Office Building with Covered Porch

    408 N KEY LAMPASAS TX 76550, Lampasas, TX 76550

    Contact for pricing
    2,331 sqft

    Corner-lot property with multiple private rooms, a reception area, kitchenette, and on-site parking.

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    Medical Office Space with Private Exam Rooms
    Medical Office Space with Private Exam Rooms

    1312 N US HWY 281, Lampasas, TX 76550

    $425,000
    1.43 AC lot

    Stone medical office with tile floors, metal roof, and private exam and consultation rooms with a reception area.

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    Commercial Office Building For Sale
    Commercial Office Building For Sale

    408 N Key Ave, Lampasas, TX 76550

    $690,000
    0.21 AC lot

    Commercial office building featuring four offices, reception, and kitchenette.

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    Commercial Office Building For Sale
    Commercial Office Building For Sale

    408 N Key Ave, Lampasas, TX 76550

    $690,000
    0.21 AC lot

    Commercial office building featuring four offices, reception, and kitchenette.

    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 11 Active listings in Lampasas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Stone-Veneer Office Building
    Stone-Veneer Office Building

    911 S Main Street, Copperas Cove, TX 76522

    $450,000
    3,848 sqft 0.59 AC lot

    Central heating and cooling support a professional setting near the downtown area.

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    Remodeled Office Building with Warehouse
    Remodeled Office Building with Warehouse

    320 Southland Dr, Burnet, TX 78611

    $1,000,000
    4,000 sqft 1.27 AC lot

    Burnet commercial property with office, warehouse, and storage.

    View details
    Spacious Office Building
    Spacious Office Building

    911 S Main St, Copperas Cove, TX 76522

    $450,000

    Flexible interior space supports office operations and professional services near the downtown area.

    View details
    Burnet Office Building on Highway
    Burnet Office Building on Highway

    700 E Polk St, Burnet, TX 78611

    $450,000

    Income-producing office building with high visibility and traffic flow.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    4401 W Stan Schlueter Loop, Killeen, TX 76549

    $450,000
    3.81 AC lot

    Commercial parcel with public water and sewer near established businesses and residential neighborhoods.

    View details
    Prime Corner Lot For Sale
    Prime Corner Lot For Sale

    3401 E Stan Schlueter Loop, Killeen, TX 76542

    $1,170,000
    1.69 AC lot

    1.687 acre corner lot ideal for retail or office development.

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    Office Building with Adjoining Land
    Office Building with Adjoining Land

    3802 Watercrest Road, Killeen, TX 76549

    $440,000
    2,360 sqft 1.51 AC lot

    Brick-and-masonry office property includes a reception area, full kitchen, three bathrooms, and accessible ramp entry.

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    B-5 Zoned Commercial Land
    B-5 Zoned Commercial Land

    313 Cheyenne Drive, Killeen, TX 76542

    $134,900
    0.46 AC lot

    B-5 zoning allows varied commercial use options, subject to applicable Killeen zoning regulations.

    View details

    Lampasas, TX Office Buildings Market Trends and Statistics

    Explore 11 office buildings for sale in Lampasas, TX, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 66,993 square feet of properties for sale, with an estimated market value of $10,275,000.

    Sale prices for office properties in Lampasas, TX start at $425,000, averaging $1,027,500, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 14
    Medical Office Space 6
    Office Units 3

    Demographics Overview

    Population 14K
    Population Growth (5Y) +6.2%
    Median Household Income $73,697
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

    Identify Lampasas submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    76550 $927.1K

    Taxes & Financing

    Tax Rate (average for all types) 1.58%
    Property Tax per SF $22.56 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lampasas County

    New Delisted

    Total CRE Inventory on Market (SF)

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