— bed, — bath on 0.19 acres in Lampasas. Lampasas, TX 76550. $475,000.
About This Home
Step into a piece of local history with this unique commercial property. The historic building has served the community in multiple ways over the years.Originally operating as the towns grocery store and later becoming the flower shop. The property is actually comprised of two buildings, with an exterior firewall separating the original structures. The south side, formerly the grocery store and now flower shop features a new roof installed in 2023. Documentation available. The north side formerly the flower shop was added to the original building and did not require a new roof. The entire building is currently leased for $1400 per month,with rent scheduled to increase to $ 1700 per month effective Jan 1, 2027. With its established rental history, character and lots of possibilities there is potential for increased rental income and future investment opportunities. plenty of possibilities for investment or owner use. This is a must see!
- Property Type
- Commercial Sale
- Year Built
- 1960
- Lot Size
- 0.19 acres
Listing information last updated September 25, 2026.
Listed by Bear Real Estate Services
MLS# 5898972 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Vinyl
- Heating
- Central,Electric
- Cooling
- Central Air,Electric
Exterior & Lot
- Block
- Lot Size
- 0.19 Acres
- Stories
- 1
- Additional Parking
- Parking Lot
Financial
- Original List Price
- $500,000
Utilities
- Cable Available
- Electricity Connected
- Phone Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 904 S Key Ave, whoever represented it.
- ActiveListed 2024Current price: $475,000Original list: $500,000MLS 5898972
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
- $475,000
- Original list
- $500,000
- Price movement
- $25K reduction
- Listed / DOM
- Jul 23, 2024 · 815 days
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($95K)
Adjustable assumption - not a lending recommendation.
$475,000
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Keenan Market Position
A sourced read on Lampasas pricing, timing, and property scale. No automated valuation claim.
List price
$475,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
815 days
Original to current
$25K reduction
$500K 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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