408 N Key Ave Lampasas, TX ^$ 690,000

408 N Key Ave

^$ 690,000

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408 N Key Ave

Lampasas, TX, 76550

^$ 690,000

Bedrooms-- Baths-- Sq 2,331

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Property for Rent in Lampasas, TX

for $690,000. This 2,331 square foot property was built in 1997 on a lot size of 0.2059.

Beautiful commercial office building. 4 offices, reception area and kitchenette. Covered carport in rear, corner lot on busy Key Ave. Covered front porch. Wheelchair ramp. Minimum 6 Spaces for parking. Currently leased to Insurance company.

Rental Active

Price

^$ 690,000

Taxes

^$ 4,459

Style

Business

Lot Size

0.2059

Year Built

1997

Town/City

Lampasas

County/Region

Lampasas

MLS | Web ID

5157942

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Utilities Electricity Connected High Speed Internet Phone Connected

Security Features Smoke Detector(s)

Construction Materials Brick

Year Built 1997

Property Subtype Business

Tax Year 2024

Current Use Commercial

Building Name 405

Accessibility Common Area

County Lampasas

Operating Expense 0

New Construction N

Property Type Commercial Sale

Energy Efficient None

Subdivision Name L S C 1st

Building Features See Remarks

Green Sustainability None

Other Structures None

Status Active

Directions Take Key Ave North to Ave D. Building on left.

City Lampasas

Disclosures Owner/Agent

MLS Area LP

Lot Size Square Feet 8969

Tax Annual Amount 4458.93

Property Condition Resale

Additional Parcels Y/N N

Leasable Area 2331

Lease Type See Remarks

Standard Status Active

Year Built Source Public Records

Tax Assessed Value 234040

Interior

Flooring Carpet Tile

Total Bedrooms 0

Total Baths 0

Exterior

Parking Features Additional Parking Attached Carport

Water Source Public

Total Parking 10

Number of Buildings 1

Building Area Total 2331

Lot Size Acres 0.2059

Waterfront Y/N N

Other Equipment None

Horse Y/N N

Internal Only

Street Number 1 408

* Excluded Features

List By

Audrey Bear

Listing Agent

Bear Real Estate Services

Broker

audrey@BuyTexas.net

Nearby

Trends
Schools

About Lampasas, TX

7,122 Population

5% Since 2002

^$41,228 Median Income

37.65 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3038596 Elementary School

3038443 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/2/2025	$690,000	-0.72%	Price Down
6/19/2025	$695,000		Listed Price

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408 N Key Ave, Lampasas, TX, 76550 is a Property for Rent at $690,000 with 2,331 sqft and a lot size of 0.2059. 408 N Key Ave was built in 1997. The property's zip code is 76550 which is in Lampasas, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Austin Board of REALTORS(r)(alternatively, from ACTRIS)

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Austin Board of REALTORS(r)(alternatively, from ACTRIS) . Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS(r), ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied."

Data is updated as of 1/28/2026.

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408 N Key Ave

Property for Rent in Lampasas, TX

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