Date
Details
Price
Change
Source
1/30/2026
Listed
$225,000
—
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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$225,000
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Property Description
HWY frontage in the heart of Lampasas! Commercial investment opportunity on the corner HWY 183 & 3rd Street. This property features one building currently configured with two separate rental units. Currently, with the potential to create a third individual unit, each with its own entrance and bathroom. Approximately five parking spaces in the front provide convenient access (no rear parking). Currently Located just 60 miles from Austin, this high-visibility property offers excellent exposure and flexibility for an investor or owner-user. With strong rental income potential and a versatile layout, this property is an open canvas-make it your own
Full Property Details
Full Property Details for 309 S Key Ave
General
- Price: $225,000
- Status: Active
- Type: Commercial
- Source: Central_Texas_MLS
- MLS ID: 601800
- Updated: 1/30/2026
- Added to Site: 13 day(s) ago
Interior
- Interior Features: See Remarks
- Flooring: Laminate
Parking
- Parking Features: Parking Space(s)
Location
- County: Lampasas
- Subdivision: A H Barnes
- Driving Directions: From Austin go North on HWY 183, on corner of 3rd and Key ave (HWY 183)
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, 2 Units
- Heating Type: Central, Electric, Multiple Heating Units
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Phone Available, Trash Collection Public, Water Available
Structural Information
- Construction: Brick
- Stories/Levels: 1
- Square Feet: 2,240
- Sq. Ft. Source: Appraiser
- Year Built: 2000
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.135
- Frontage: City Street
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: LOT: W 60 OF 12, S 80 O BLK: 49 ADDN: A H BARNES
- Property ID: 246
- Block: 49
- Lot Number: W
Listed by Bear Real Estate Services
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Listing agent
— 309 S Key Ave —
Bear Real Estate Services
(512) 556-9321
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 309 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 | 0.4 mi |
Lampasas High School 2716 S Hwy 281, Lampasas, TX 76550 | 9-12 | 1.8 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 309 S Key Ave
Tax History
Tax History for 309 S Key Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,215
23%
$232,190
25%
2022
$3,433
—
$185,340
13%
2022
$3,433
—
$163,470
7%
2021
$3,421
-17%
$152,580
-11%
2020
$4,135
—
$170,700
4%
2017
$4,125
3%
$163,520
-1%
2019
$4,019
3%
$164,970
5%
2016
$3,901
—
$156,400
—
2015
$3,885
—
$156,400
—
2014
$3,901
11%
$156,400
—
2012
$3,520
—
$156,400
—
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 309 S Key Ave
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309 S Key Avenue, Lampasas, TX 76550 (MLS# 601800) is a Commercial property. 309 S Key Avenue is currently listed for $225,000 and was received on January 30, 2026. Want to learn more about 309 S Key Avenue? Do you have questions about finding other Commercial real estate for sale in Lampasas? You can browse all Lampasas real estate or contact a Coldwell Banker agent to request more information.