501 S Key Ave Lampasas, TX ^$ 200,000

501 S Key Ave

^$ 200,000

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501 S Key Ave

Lampasas, TX, 76550

^$ 200,000

Bedrooms-- Baths-- Sq 1,600

501 S Key Ave, Lampasas, TX 76550 - Image 1

501 S Key Ave, Lampasas, TX 76550 - Image 2

501 S Key Ave, Lampasas, TX 76550 - Image 3

501 S Key Ave, Lampasas, TX 76550 - Image 4

501 S Key Ave, Lampasas, TX 76550 - Image 5

501 S Key Ave, Lampasas, TX 76550 - Image 6

501 S Key Ave, Lampasas, TX 76550 - Image 7

501 S Key Ave, Lampasas, TX 76550 - Image 8

501 S Key Ave, Lampasas, TX 76550 - Image 9

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501 S Key Ave, Lampasas, TX 76550 - Image 11

Property for Rent in Lampasas, TX

for $200,000. This 1,600 square foot property was built in 1950 on a lot size of 0.1014.

Positioned at the corner of Key Avenue and 4th Street, this 1,600 sq. ft. commercial building offers outstanding visibility and convenient access in Lampasas. The flexible layout provides potential for a storefront, office space, retail, or a service-based business, making it an excellent investment or owner-occupant opportunity. Ample parking is available directly off Key Avenue, allowing for easy customer access and steady drive-by exposure. Whether you’re looking to expand your business presence or secure a high-traffic location for a new venture, this property provides a strong foundation for growth.

Rental Active

Price

^$ 200,000

Taxes

^$ 1,446

Style

Business

Lot Size

0.1014

Year Built

1950

Town/City

Lampasas

County/Region

Lampasas

MLS | Web ID

2923412

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Utilities Sewer Connected Water Connected

Construction Materials Frame

Year Built 1950

Property Subtype Business

Tax Year 2025

Current Use Retail

Accessibility None

County Lampasas

Operating Expense 15000

New Construction N

Property Type Commercial Sale

Energy Efficient None

Subdivision Name A H Barnes

Building Features Open Space

Green Sustainability None

Other Structures None

Status Active Under Contract

Directions Located on the SE corner of 4th St and Key Avenue (US HWY 183/190/281)

City Lampasas

Disclosures None

MLS Area LP

Lot Size Square Feet 4416.98

Tax Annual Amount 1453.86

Property Condition Resale

Leasable Area 1600

Lease Type Sublease

Standard Status Active Under Contract

Year Built Source Public Records

Tax Assessed Value 76310

Interior

Flooring Concrete

Total Bedrooms 0

Total Baths 0

Exterior

Parking Features None

Water Source Public

Total Parking 6

Number of Buildings 1

Building Area Total 1600

Lot Size Acres 0.1014

Waterfront Y/N N

Other Equipment None

Horse Y/N N

Internal Only

Street Number 1 501

* Excluded Features

List By

Colleen Eckermann

Listing Agent

Carpenter Real Estate

Broker

colleen@ranchsales.us

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
11/7/2025	$200,000		Listed Price

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501 S Key Ave, Lampasas, TX, 76550 is a Property for Rent at $200,000 with 1,600 sqft and a lot size of 0.1014. 501 S Key Ave was built in 1950. 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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501 S Key Ave

Property for Rent in Lampasas, TX

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