Property profile

7394 Creek Rd Dripping Springs, TX 78620

OFF-MARKET
Other land
Property ID
US83-1714192
23.63 ac lot
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Property summary

AI-generated overview

The property is approximately 23+ acres located in Henly, Texas, adjacent to and just east of The Field of Dreams (TFOD), near Highway 290. It currently has an agricultural (Ag) exemption in place. The site includes a barndominium that is used as a residence and could be repurposed for community-oriented use such as a community center. The acreage and position near TFOD make the land suitable for a range of uses including food service (such as a restaurant, food trucks, or a brewery/winery tasting room) and weekend accommodations (such as tiny homes, container homes, RV parking pads, or small timber homes), as well as on-site recreation and activity areas to support visitors during event breaks (for example climbing walls, pools, batting cages, putt-putt golf, or skills competition facilities).

Property profile

Verified
Property type Other land
Lot 23.63 ac (1,029,323 SF)
UPID US83-1714192

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7394 Creek Rd Dripping Springs, TX 78620
Dripping Springs metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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