The objective of this study was to assess the effects of the dietary level of a condensed tannin-rich forage on linear measures, body condition score (BCS), body mass indexes (BMI), and performance and relationships among these variables in growing dairy goats and hair sheep raised for meat. An experiment with a 2 × 3 factorial treatment arrangement was conducted, with two species and three diets. Diets were 25% concentrate and 75% forage, which were alfalfa hay, condensed tannin-containing Sericea lespedeza hay, and a 1:1 mixture of both hay sources. Twenty-four Alpine (ALP) doelings and 24 Katahdin (KAT) ewe lambs were used in the 173-day study, consisting of four measurement periods. Variables included BCS, linear measures, BMI, and performance variables such as average daily gain (ADG) and dry matter intake (DMI, g/day). Linear measures were length from the shoulder point to pin (Pin) and hook (Hook) bones, height at the withers (Wither), circumference from heart girth (Heart), and width at the hook bones (Rump). Different BMI were based on the Wither, Hook, Pin, Heart, and various combinations. Heart, Rump, and all BMI were affected by species, whereas linear measures and BMI based on Wither and the combination of height and length measures were influenced by diet. There were positive (p < 0.05) correlation coefficients (r) between BCS and body weight (BW) and linear measures as well as BMI for both species, and correlations were greater for KAT than for ALP. Body condition score was correlated with BW, ADG, and DMI for KAT (p < 0.05). For ALP, the correlation between BCS and BW (p < 0.015) was much lower than for KAT (0.49 vs. 0.91), and there were only tendencies for relationships between BCS and ADG and DMI (p < 0.10). Body weight and ADG were positively correlated (p < 0.05) with all BMI for both species, and most correlations were greater for KAT than for ALP. Correlations involving BMI based on combinations of two linear measures with BW and ADG were in most instances greater than for BMI calculated from one or three linear measures. For ALP, DMI was related to BMI based on Wither and Pin (r = 0.43), Heart and Hook (r = 0.44), and Heart and Pin (r = 0.61), whereas for KAT, correlations were similar (0.72–0.75) for each of the four BMI based on two linear measures (i.e., Wither and Hook, Wither and Pin, Heart and Hook, and Heart and Pin). Therefore, it appears that each of these four BMI, preferably based on Heart and length, could be appropriate for better livestock management over BCS and in predicting animal performance.