— bed, — bath on 0.38 acres in Lampasas. Lampasas, TX 76550. $774,400.
About This Home
Bring your business vision to life in the heart of the booming Central Texas corridor! Located directly on Main Street in historic downtown Lampasas - just two blocks from the downtown square and directly across the street from the Lampasas Police Department - this highly versatile 8,440-square-foot flex space offers an incredible footprint for owner-users, investors, or landlords.
Sitting on a 0.38-acre hard corner just steps from the bustling intersection of Highways 183, 281, and 190, the property ensures high daily vehicle traffic (VPD) and massive commercial exposure. Featuring an 8-bay layout, solid metal-frame construction, a metal roof, and durable concrete flooring, this building provides the ultimate blank canvas. It has already seen a variety of modern updates, features connected city utilities (water, sewer, natural gas, electric), and offers off-street parking.
The property is vacant, ready for immediate move-in, and perfect for a wide variety of businesses, including automotive, trade services (HVAC/roofing/plumbing), gyms, retail showrooms, light industrial, or flex warehouse.
Don't miss your chance to claim a prime piece of downtown Lampasas commercial real estate!
- Property Type
- Commercial Sale
- Year Built
- 1976
- Lot Size
- 0.38 acres
Listing information last updated October 14, 2026.
Listed by Olivos Group
MLS# 2800544 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Concrete
Exterior & Lot
- Metal Siding
- Slab
- Lot Size
- 0.38 Acres
- Stories
- 1
- Asphalt
- Garage
- Off Street
Financial
- Original List Price
- $699,700
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 408 S Main ST, whoever represented it.
- ActiveListed 2026Current price: $4,995Original list: $5,985MLS 8365729
- Listed · August 21, 2026$5,985
- Price changed · October 14, 2026$4,995
- ActiveListed 2026Current price: $774,400Original list: $699,700MLS 2800544
- Listed · August 21, 2026$699,700
- Price changed · September 30, 2026$697,300
- Price changed · October 14, 2026$774,400
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $774,400
- Original list
- $699,700
- Price movement
- No verified reduction
- Listed / DOM
- Aug 21, 2026 · 56 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $290,873
- Assessment Year
- 2025
- Year Built
- 2017
- Parcel ID
- 11-4635-2000-00402-2
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $290,873 | $82,950 | $247,520 |
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($155K)
Adjustable assumption - not a lending recommendation.
$774,400
Luxury property intelligence
Keenan Market Position
A sourced read on Lampasas pricing, timing, and property scale. No automated valuation claim.
List price
$774,400
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
56 days
Original to current
No verified reduction
$699.7K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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