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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 on Corner
    Updated: Apr 13
    Two-Story Office Building on Corner

    1305 S Key Avenue, Lampasas, TX 76550

    $1,600,000
    20,000 sqft 0.88 AC lot
    20,000 SF two‑story office building (built 1990) on a corner lot
    Approx. 200 ft of highway frontage along Hwy 190 at the Hwy 190/281 connection near a major intersection
    All three major highways run through Lampasas: Hwy 281, Hwy 183, and Hwy 190 (THREE HIGHWAY corridor)
    Attached oversized parking lot with multiple parking options including garage, off‑street, and parking lot parking
    Utilities include public water and public sewer; roof is tar/gravel
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    Two-Story Office Building with Parking
    Two-Story Office Building with Parking

    1305 S Key Avenue, Lampasas, TX 76550

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

    20,000 SF two-story office building on a corner lot with highway frontage, tenant space, and oversized parking.

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    Medical Office Building with Lobby
    Medical Office Building with Lobby

    1312 N US Highway 281, Lampasas, TX 76550

    $425,000
    1,071 sqft 1.43 AC lot

    Versatile professional building with multiple private rooms and reception area, well suited for medical, dental, or law use.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Highway 281 Professional Building
    Highway 281 Professional Building

    1312 N Us Highway 281, Lampasas, TX 76550

    $425,000
    4,126 sqft

    Move-in-ready commercial building with high visibility on Highway 281.

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    Medical Office Building with Reception
    Medical Office Building with Reception

    1312 N US Highway 281, Lampasas, TX 76550

    $425,000
    1,071 sqft 1.43 AC lot

    Professional office building with a lobby reception, multiple private rooms, built-in cabinetry, wash sinks, and tile flooring.

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    Leased Corner Office Building
    Leased Corner Office Building

    408 N Key Ave, Lampasas, TX 76550

    $690,000
    0.21 AC lot

    Corner commercial office building with multiple offices, reception area, and ample parking, currently leased to an insurance company.

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    Leased Office Building with Parking
    Leased Office Building with Parking

    408 N Key Avenue, Lampasas, TX 76550

    $690,000
    2,331 sqft 0.21 AC lot

    Well-appointed office layout with four offices, reception, kitchenette, and covered parking on a corner lot.

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    Two-Story Office Building with Highway Frontage
    Two-Story Office Building with Highway Frontage

    1305 S Key Ave, Lampasas, TX 76550

    $1,600,000
    0.88 AC lot

    Two-story office building on a corner lot with about 200 feet of highway frontage and attached oversized parking.

    View details
    Corner Office Building with Parking
    Corner Office Building with Parking

    408 N Key Ave, Lampasas, TX 76550

    $690,000
    2,331 sqft

    Leased office building with four offices, reception, kitchenette, and covered parking on a busy corner lot.

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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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    Professional Office Building with Exam Rooms
    Professional Office Building with Exam Rooms

    1312 N US HWY 281, Lampasas, TX 76550

    $425,000
    1.43 AC lot

    Versatile office building with lobby reception and private consultation rooms, suited for medical, dental, or professional services.

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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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    Move-In Ready Office Suite
    Move-In Ready Office Suite

    611 Central Texas Expy, Lampasas, TX 76550

    $395,000
    2,454 sqft

    Move-in ready office space with a reception area, six private offices, breakroom, and multiple storage rooms.

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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 14 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.

    Historic Commercial Live-Work Property
    Historic Commercial Live-Work Property

    704 Fm 2657, Briggs, TX 78608

    $400,000
    2,036 sqft 3.95 AC lot

    Unrestricted 3.95-acre property with a historic structure and existing private water infrastructure on FM frontage.

    View details
    Unrestricted Land with Historic Structure
    Unrestricted Land with Historic Structure

    704 Fm 2657, Briggs, TX 78608

    $399,900
    2,036 sqft 3.95 AC lot

    Unrestricted commercial land with FM frontage and a historic 1880 structure, plus a private water system in place.

    View details
    Live-Work Commercial Property
    Live-Work Commercial Property

    503 S 4th St, Lometa, TX 76853

    $275,000
    1,800 sqft 0.38 AC lot

    Live-work setup includes a 1,800 SF building, manufactured home, and covered parking for flexible tenant or owner use.

    View details
    Live-Work Building with Manufactured Home
    Live-Work Building with Manufactured Home

    503 S 4th Street, Lometa, TX 76853

    $275,000
    1,800 sqft 0.38 AC lot

    Mixed-use live-work property with an 1,800 SF main building plus a 1,100 SF manufactured home and storage connex.

    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.

    Prime Commercial Lot, Lampasas, TX
    Prime Commercial Lot, Lampasas, TX

    102 S Key Avenue lot: 3-4, Lampasas, TX 76550

    $350,000
    0.20 AC lot

    High-visibility corner lot in Lampasas with retail zoning.

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    Commercial Land with Highway Access
    Commercial Land with Highway Access

    584 N HWY 183, Lampasas, TX 76550

    $379,000
    6.36 AC lot

    High-visibility acreage at a highway intersection with a county-approved entrance for straightforward future development planning.

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    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    1404 Central Texas Expressway, Lampasas, TX 76550

    $999,999
    1,784 sqft 3.45 AC lot

    Commercial land offering TXDOT road frontage and nearby retail anchors, suited for redevelopment or new mixed-use concepts.

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    Prime Commercial Lot Opportunity
    Prime Commercial Lot Opportunity

    1637 US Highway 190, Copperas Cove, TX 76522

    $450,000
    2.00 AC lot

    Cleared 2-acre commercial lot with high visibility.

    View details

    Lampasas, TX Office Spaces Market Trends and Statistics

    Explore 14 office spaces for sale in Lampasas, TX, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 73,384 square feet of properties for sale, with an estimated market value of $11,945,000.

    Sale prices for office spaces in Lampasas, TX start at $395,000, averaging $853,214, 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 12
    Medical Office Space 7
    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 $885K

    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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