# 408 N Key Ave, Lampasas, TX 76550 > **TL;DR:** commercial, $690,000, built 1997. > A/C. Est. $3,690/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $690,000 | | Year Built | 1997 | | Lot Size | 8,973 sqft (0.21 acres) | | Stories | 1 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,489 | | Estimated Insurance | $201 | | **Total** | **$3,690** | ## Key Amenities - A/C ## Property Highlights - Built in 1997 - 0.21 acre lot ## Description ### AI Summary This commercial office building is currently leased to an insurance company and occupies a 0.21-acre corner lot on busy Key Ave in Lampasas, Texas. Built in 1997, the property includes four offices, a reception area, and a kitchenette arranged for office use. A covered front porch welcomes visitors, while the property offers lots of parking and a covered carport at the rear. Central air and electric heating provide year-round climate control. The building’s location on Key Ave offers a visible commercial setting within Lampasas. Listed at $690,000, this property combines an existing office layout with current tenancy and practical features for business operations, including dedicated office rooms, reception space, kitchenette functionality, rear covered parking, and front parking access. ### Agent Description Beautiful commercial office building. 4 offices, reception area and kitchenette. Covered carport in rear, corner lot on busy Key Ave. Currently leased to Insurance company. Covered front porch with lots of parking ## Location - **Address:** 408 N Key Ave, Lampasas, TX 76550 - **County:** Lampasas - **Coordinates:** 31.070548, -98.185274 - **Google Maps:** https://www.google.com/maps?q=31.070548,-98.185274 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/20964950 ## Listing Agent - **Name:** Audrey Bear - **Brokerage:** Bear Real Estate Services - **Phone:** 5125569321 - **Broker Phone:** 5125569321 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/NTREIS/20964950/?channel=propsimple) ## Photos ![408 N Key Ave - Photo 1](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f2176612743r.jpg) ![408 N Key Ave - Photo 2](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f2176612743r.jpg) ![408 N Key Ave - Photo 3](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f1143639171r.jpg) ![408 N Key Ave - Photo 4](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f1084341647r.jpg) ![408 N Key Ave - Photo 5](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f2170418295r.jpg) ![408 N Key Ave - Photo 6](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f3455772222r.jpg) ![408 N Key Ave - Photo 7](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f1603301707r.jpg) ![408 N Key Ave - Photo 8](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f1569544297r.jpg) ![408 N Key Ave - Photo 9](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f3521508916r.jpg) ![408 N Key Ave - Photo 10](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f2949321564r.jpg) ![408 N Key Ave - Photo 11](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f2773429324r.jpg) ![408 N Key Ave - Photo 12](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f4051135102r.jpg) ![408 N Key Ave - Photo 13](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f1060115239r.jpg) ![408 N Key Ave - Photo 14](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f27015343r.jpg) ![408 N Key Ave - Photo 15](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f1655111249r.jpg) ![408 N Key Ave - Photo 16](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f4218648124r.jpg) ![408 N Key Ave - Photo 17](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f2898826970r.jpg) ![408 N Key Ave - Photo 18](http://lh.rdcpix.com/418aef36ba5cc38320fe6d07c9bb2103l-f2712696900r.jpg) --- **MLS#:** 20964950 | **Updated:** 2026-09-17 **Source:** listhub *Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/408-n-key-ave-lampasas-tx-76550-20964950) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/408-n-key-ave-lampasas-tx-76550-20964950#listing", "url": "https://www.propertysimple.ai/listing/408-n-key-ave-lampasas-tx-76550-20964950", "name": "408 N Key Ave, Lampasas, TX 76550", "description": "This commercial office building is currently leased to an insurance company and occupies a 0.21-acre corner lot on busy Key Ave in Lampasas, Texas. Built in 1997, the property includes four offices, a reception area, and a kitchenette arranged for office use. A covered front porch welcomes visitors, while the property offers lots of parking and a covered carport at the rear. 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