Building Details

Year Built 2003

Listing Agency: Douglas Elliman Real Estate i***@elliman.com Show Phone

Listed By: Ian Grossman · License #655757 Show Phone

Source: Elliman

Added: Nov 28, 2025 Changed: Jul 10 Last Checked: Aug 22 at 11:46AM

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Investment Insights

Based on property information with market context.

Office space is available for rent at a rate of $11. The property is located on American Way in Dripping Springs, Texas.

Key Highlights

• Year Built: 2003

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Electrical Service Pharmacy Garden Center Plumbing Service Big Box & Wholesale Store Building Supply

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

166

Businesses Nearby

Explore this area Business Placement

Demographics for 78620, TX

20,493

Population

7,929

Households

2.6

Avg Household Size

43

Median Age

62%

College-Educated

97%

High-School Grad

175.6 sq mi

ZIP Area

117

Density / Sq Mi

$146,551

Median Household Income

$58,583

Median Earnings

$1,674

Median Rent

$624,800

Median Home Value

Market

Lease Benchmarks for Dripping Springs, TX

$24 /SF/Yr

Avg Asking Price

$19.2–$36 /SF/Yr

Price Range

2,502 SF

Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office space for rent in Dripping Springs, Texas.

Where is this office units located?

The property is located at 195 American Way Dripping Springs, TX.

What is the lease rate?

The lease rate is $30,815.

What are key features of this property?

This property features: Year Built: 2003