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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1305 S Key Ave , Lampasas, TX 76550
$1,600,000
Est. Payment: $8,237.49/mo
0 Bed
0 Bath
20000 Sqft
Status: active | Days on site: 187
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Leah Caruthers , TEXAS REAL ESTATE SALES , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.88

Year Built

1990

County

Lampasas

Neighborhood

L S C 2nd

Listing ID

21172297

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air,Electric
Fireplaces:
Floor:Carpet,Tile,Vinyl

Exterior Features

Lot:Corner Lot,Level,.5 to < 1 Acre
Zoning:Commercial
Roof:Tar/Gravel
Others:
  • Additional:Preowned
Parking Features:Additional Parking,Alley Access,Asphalt,Common,Direct Access,No Garage,Off Street,On Site,Open,Parking Lot,Paved
Principal Interest
$8,237
Taxes
$3,063

Home Price

$1,600,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$320,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,237.49

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,237.49 $3,063.25 $0.00 $11,300.74
Yearly $98,849.94 $36,759.00 $0.00 $135,608.94
Total $2,965,498.15 $1,102,770.00 $0.00 $4,068,268.15

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Lampasas, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T23:23:04.180Z

© 2026 North Texas Real Estate Information Systems