Date
Details
Price
Change
Source
2/17/2026
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property 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.
Full Property Details
Full Property Details for 1305 S Key Ave
General
- Price: $1,600,000
- Status: Active
- Type: Retail
- Source: Central_Texas_MLS
- MLS ID: 603398
- Updated: 2/18/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Carpet, Tile, Vinyl
Parking
- Parking Features: No Garage, Parking Space(s), Driveway Level
Location
- County: Lampasas
- Subdivision: L S C 2nd
- Driving 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.
- Direction Faces: West
School Information
- Elem School District: Lampasas ISD
- Midd School District: Lampasas ISD
- High School District: Lampasas ISD
- Elementary School: Kline Whitis
- Middle School: Lampasas Middle School
- High School: Lampasas High School
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Above Ground Utilities, Electricity Available, High Speed Internet Available, Phone Available, Trash Collection Public
Structural Information
- Construction: Stucco
- Roof: Tar/Gravel
- Stories/Levels: 2
- Square Feet: 20,000
- Sq. Ft. Source: Appraiser
- Current Bldg. Use: Retail
- Year Built: 1990
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.88
- Frontage: City Street, Highway, Asphalt
- Street Lights: Yes
Disclosures and Reports
- 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
- Inclusions: Building(s), Fixtures, Land
- Property ID: 1827
- Block: 1
- Lot Number: 1
Listed by Texas Real Estate Sales
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Listing agent
— 1305 S Key Ave —
Texas Real Estate Sales
(512) 556-9090
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Schools
Schools serving 1305 S Key Ave
School District:Lampasas Independent School District
| Name | Grades | Distance |
|---|---|---|
Kline Whitis Elementary School 500 South Willis Street, Lampasas, TX 76550 | PK-5 | 1.3 mi |
Lampasas Middle School 902 South Broad Street, Lampasas, TX 76550 | 6-8 | 0.3 mi |
Lampasas High School 2716 S Hwy 281, Lampasas, TX 76550 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1305 S Key Ave
Tax History
Tax History for 1305 S Key Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$36,759
33%
$2,177,930
35%
2022
$27,666
—
$1,616,340
23%
2022
$27,666
3%
$1,317,450
10%
2021
$26,850
49%
$1,197,410
61%
2020
$17,987
3%
$742,470
3%
2019
$17,519
-2%
$719,080
1%
2017
$17,874
6%
$708,480
5%
2016
$16,797
—
$673,480
—
2015
$16,730
—
$673,480
—
2013
$16,797
1%
$673,480
-20%
2012
$16,663
—
$846,940
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1305 S Key Ave
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1305 S Key Avenue, Lampasas, TX 76550 (MLS# 603398) is a Retail property. 1305 S Key Avenue is currently listed for $1,600,000 and was received on February 17, 2026. Want to learn more about 1305 S Key Avenue? Do you have questions about finding other Retail real estate for sale in Lampasas? You can browse all Lampasas real estate or contact a Coldwell Banker agent to request more information.