
Bring your business vision to life in the heart of the booming Central Texas corridor! Located directly on Main Street in historic downtown Lampasas, this highly versatile 8,440-square-foot flex space offers an incredible footprint for owner-users, investors, or landlords.
Featuring a massive 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 and is ready to be custom-finished to match your specific business or tenant needs. Property is perfect for a variety of businesses, including, but not limited to: automotive, trade services such as HVAC or roofing, gyms, retail, showrooms, light industrial or warehouse storage.
Located on a hard corner just steps away from the bustling intersection of Highway 183, Highway 281, and Highway 190, ensuring high daily vehicle traffic (VPD) and massive commercial exposure. 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
Garage
6 spaces
Listed by Olivos Group
Verified property facts
408 S Main ST is a Commercial Sale built in 1976 featuring 0 bedrooms, 0.38-acre lot.
408 S Main ST is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 408 S Main ST is $6,065. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($149,880) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 408 S Main ST is around $4,394 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Flooring
Construction
Foundation
Parking
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $290,873 | $82,950 | $247,520 |
20% ($150K)
$749,400
Luxury property intelligence
A sourced read on A H Barnes pricing, timing, and property scale. No automated valuation claim.
List price
$749,400
Price per sqft
Not available
Vs. A H Barnes median
Not available
Days on market
125 days
Original to current
$100K reduction
$849.4K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 5, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $749,400, 408 S Main ST is in the A H Barnes market where there are currently 41 active listings in 76550.
408 S Main ST was built in 1976 (50 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $290,873 | $82,950 | $247,520 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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