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$12,000,000
Est. payment /mo
2,340 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 2,340 sqft
Price per Sqft $5,128
MLS Listing ID 1546460
Year Built 1992
Tax Year 2024
Lot Size 48.430 Acres
Acres 48.43
Property Sub-Type See Remarks
Source actris
Property Description
An exceptional opportunity awaits with this expansive 48+ acre tract along Highway 290 in Dripping Springs—one of the fastest-growing markets in Texas. Positioned in a highly sought-after corridor, this property offers limitless potential for visionary developers, investors, or families looking to establish their legacy in this booming region. Whether you envision a private family ranch, a landmark development, or a long-term investment, this rare offering is ideally suited for a variety of uses, including mixed-use, residential, retail, multifamily, townhomes, medical facilities, and beyond. With breathtaking southern views, city water access along the highway, and a prime location just 1.5 miles from H-E-B and downtown Dripping Springs, this property seamlessly blends natural beauty, strategic positioning, and immense investment potential. Adding to its appeal, the city is bringing water and sewer infrastructure to the nearby Cannon Ranch development on the north side of the highway, which will be surrounded by retail and residential projects. The property lies within the Dripping Springs ETJ, with the option to explore removal or potential annexation into the city—offering flexibility for future development. Don't miss your chance to own one of the last remaining large parcels in this dynamic and highly desirable area. This is a rare chance to invest in a region primed for growth and in need of thoughtful, quality developments!
Location
State TX
County Hays
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, Phone Available, Sewer Connected, Water Connected, See Remarks
Total Parking Spaces 100
Building
Sewer See Remarks
Water See Remarks
Structure Type See Remarks
New Construction No
Others
Special Listing Condition Standard
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Listed by Friedman Real Estate, Inc.
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