
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 for added security—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 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, 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
Listed by Olivos Group
Property Details
Flooring
Construction
Foundation
Parking
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 listed by Olivos Group. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
The most recent annual property tax for 408 S Main ST is $5,910. 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.
This page does not assume a mortgage rate or publish a monthly payment for 408 S Main ST. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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5 records on file
Every recorded listing, sale, and lease at 408 S Main ST, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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% ($140K)
Adjustable assumption - not a lending recommendation.
$699,700
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List price
$699,700
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
15 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 Sep 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
As of Sep 5, 2026, 408 S Main ST is offered at $699,700. The current MLS snapshot shows 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
Current Price
$699,700
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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