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1305 S Key Avenue, Lampasas, TX 76550

L S C 2nd · Lampasas County

Key Facts

20,000Sq Ft
1990Year Built
0.88Lot (acres)
2Stories

Description

Bring your vision to Lampasas with this 20,000 square-foot two-story office building. Use it or remove it! This location reaps the benefits of a THREE HIGHWAY corridor where ALL THREE MAJOR Highways, Highway 281, Highway 183 and Highway 190 flow through ever-growing Lampasas Texas. Current daily Texdot car count of 15,720 and 200 feet of highway frontage, this corner lot is just a stone's throw and in view of a major intersection of Highway 190 and the connection route to Highway 281. The established building serves as home to several tenants and has room for even more. As a general income investment or the future location of another venture, the attached oversized parking lot allows for ample parking or additional building space. The current seller owns additional land across the side street that can be purchased, adding to your vision, offering even more possibilities.

Property Information

Property Type

Commercial Sale

Sub-Type

Office

Year Built

1990

Stories

2

Living Area

20,000 sq ft

Lot Size

0.88 acres

Days on Market

54

MLS® Listing#

21172297

Property Features

Cooling

Central AirElectric

Heating

CentralElectric

Flooring

CarpetTileVinyl

Parking

Additional ParkingAlley AccessAsphaltCommonDirect AccessNo GarageOff StreetOn SiteOpenParking LotPaved

Lot Features

Corner LotLevel

Construction

Stucco

Foundation

Slab

Roof

Tar/Gravel

Utilities

Electricity Connected

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$36,759

Parcel Number

1827

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.

Affordability Calculator

$320,000

Estimated monthly payment

$8,516/mo

Principal $1,280,000 · Est. interest $1,785,714 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Lampasas, TX

$354,839
Median Listing Price
91
Median Days on Market
1,752
Median Sq Ft
$196
Median Price / Sq Ft
128
Active Listings
  • This home’s price is 351% above the area median.
  • Its price per sq ft is 59% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Lampasas, TX.

Location

Map showing the location of 1305 S Key Avenue, Lampasas, TX 76550

Points of Interest in Lampasas, TX

Showing the Lampasas area map.

Nearby Schools

  • Lampasas Isd

    School · 0.2 mi away

  • Lampasas High School

    Secondary · 1.0 mi away

  • Hanna Springs Elementary

    Elementary · 1.0 mi away

  • Kline Whitis Elementary School

    Elementary · 1.3 mi away

  • School Creek Baptist Church

    School · 11.7 mi away

  • Taylor Creek Elementary School

    Elementary · 13.6 mi away

  • Martin Walker Elementary School

    Elementary · 15.2 mi away

  • Martin Walker Elementary School

    Elementary · 16.2 mi away

  • Cove Charter Academy

    School · 16.2 mi away

  • Children's Institute of Learning

    School · 16.4 mi away

  • Fairview Elementary School

    Elementary · 16.5 mi away

  • Fairview/Miss Jewell Elementary

    Elementary · 16.5 mi away

  • Lometa Public School

    School · 16.6 mi away

  • Williams House

    School · 16.7 mi away

  • Copperas Cove Isd

    School · 16.9 mi away

  • Copperas Cove Independent School District

    School · 16.9 mi away

  • Copperas Cove Sunshine Head Start

    School · 17.0 mi away

  • Lovett Ledger Intermediate School

    Elementary · 17.0 mi away

  • Crossroads High School

    Secondary · 17.1 mi away

  • Ave E Alternative Learning Center

    School · 17.1 mi away

Commute Calculator

Travel mode

Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
TBD County Road 1320, Lampasas, TX$1,131,0252,750
TBD County Road 1320, Lampasas, TX$1,131,0252,750
5450 County Road 101, Lampasas, TX$1,199,000444,072
5450 County Road 101, Lampasas, TX$1,199,000444,072
5450 County Road 101, Lampasas, TX$1,199,000444,072
TBD County Road 206, Lampasas, TX$1,237,860

Moving Cost Estimate

EXIT Agents in Lampasas

Dallas MLS - N.T.R.E.I.S. logo

Listing Courtesy: TEXAS REAL ESTATE SALES - 512-556-9090

Presented by: Leah Caruthers

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Last Updated: 2026-02-18

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Stephenville Association Of Realtors. MLS® Listing#21172297. © 2026EXIT Realty®. All rights reserved.