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    151 Springlake Dr Dripping Springs, TX 78620

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    For Sale
    $550,000

    Two duplexes on 0.68 acres zoned C1.

    Lot size:
    0.68 Acres

    Property Features for 151 Springlake Dr

    General Information

    Lot size
    0.68 Acres

    Building Details

    Year built
    1982

    Source: Randy Hutto, Realtors Agent Randy Hutto

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dripping Springs Duplexes on Large Lot

    Located on the north side of Dripping Springs, this 0.68-acre property is zoned C1 through the City of Dripping Springs. Built in 1982, the property features two duplexes, each containing two units with two bedrooms and 1.5 baths. Some of the units have been upgraded with paint and carpet. The property is one lot removed from RR 12 North on Springlake Dr. A vacant 1.04-acre commercial lot contiguous to the west side is also available.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dripping Springs
    County
    Hays
    State
    Texas
    Longitude
    -98.0888347
    Latitude
    30.2080326

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    FAQs

    What type of property is this?
    Duplex - Two duplexes on 0.68 acres zoned C1.
    Where is this duplex located?
    The property is located at 151 Springlake Dr Dripping Springs, TX.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Zoned C1 in Dripping Springs, offering commercial potential.; - Two duplexes on the property, each with two 2-bedroom, 1.5-bath units.; - Located in Dripping Springs, near RR 12 North.
    (512) 894-0288
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    151 Springlake Dr Dripping Springs, TX 78620
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    Dripping Springs, TX 78620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    151 Springlake Dr Dripping Springs, TX 78620
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