Built by J. L. N. Gracy, the long, narrow, two-story stone hotel provided lodging to business and tourist travelers for a rapidly growing Lampasas before the arrival of the railroad. The building is T-shaped with long gable-ended wings of rooms on each side of the central block. The central three bays of the facade are of fine ashlar stone, and the wings are built of rough rectangular stone set in irregular courses and have windows with segmental arches. The east wing may be the oldest part of the building. The west wing with twenty-four guest rooms was added in 1931. After standing vacant for several years, the building was purchased in 2017 with plans for restoration into a residence and storage/display space.
The small building at 402 E. 2nd was built c. 1952 as the Lewis Texaco Station. The buff brick walls of the little hipped-roof building are given stature by brick piers that establish five narrow bays.