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Renovated Bed & Breakfast with Event Hall
For Sale
$1,499,900

23351 Fm 150 W, Driftwood, TX 78619

Two-building hospitality property with private guest baths, patios, gardens, and an adaptable reception space.

Property Size2,644 SF
Lot Size2.00 Acres
Price / SF$567.28
Days on Market32

Property Features for 23351 Fm 150 W

General Information

Standard status Active
Size 2,644 SF
Lot size 2.00 Acres

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Patio Yes

Amenities

mature trees
multiple patios
garden areas

Building Details

Year Built 1922
Buildings 2
Listing Agency: Coffman Real Estate
Listed By: Melony Coffman, Jeff Coffman · License #0447109
Source: Olverabolton
Added: Aug 2 Changed: Aug 31 Last Checked: Sep 1 at 8:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coffman Real Estate

Investment Insights

Based on property information with market context.

This hospitality property includes two substantial structures totaling approximately 6,000+ square feet. The renovated main building offers 4 bedrooms and 4 baths, while a converted historic barn provides 3 bedrooms, 3 full baths, a separate kitchen and living area, and a large central hall suited to receptions, conferences, dining, or gatherings. All seven bedrooms have private full baths.

Set on 2 level, usable acres near downtown Dripping Springs, the property has FM 150 frontage, public road access, city water, and an oversized septic system. Mature trees, multiple patios, and garden areas provide outdoor settings for ceremonies, dining, and events. The site also includes room for potential parking expansion and was previously operated as a bed and breakfast and event venue.

Key Highlights

  • Two substantial structures totaling approximately 6,000+ square feet
  • Renovated main building with 4 bedrooms and 4 baths
  • Historic barn guest hall with 3 bedrooms, 3 full baths, kitchen, and living area

Property Analytics

Current Use

Bed & breakfasts

Suggested Use

Top Pick Bakery Kitchen & Bath Showroom Real Estate Agency Cafe & Coffee Shop Grocery & Convenience Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby
Well-served
Demand for This Use

Demographics for 78619, TX

5,819
Population
2,484
Households
2.3
Avg Household Size
44
Median Age
55%
College-Educated
99%
High-School Grad
39.9 sq mi
ZIP Area
146
Density / Sq Mi
$171,667
Median Household Income
$69,688
Median Earnings
$1,245
Median Rent
$709,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Gardens at Howard Ranch 2305 Hog Hollow Rd, Dripping Springs, TX 78620

Frequently Asked Questions

What type of property is this?
Bed & breakfast - Two-building hospitality property with private guest baths, patios, gardens, and an adaptable reception space.
Where is this bed & breakfast located?
The property is located at 23351 Fm 150 W Driftwood, TX.
What is the asking price?
The asking price for this property is $1,499,900.
What are key features of this property?
This property features: Two substantial structures totaling approximately 6,000+ square feet; Renovated main building with 4 bedrooms and 4 baths; Historic barn guest hall with 3 bedrooms, 3 full baths, kitchen, and living area
More about this property
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