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Dripping Springs Condo Complex
For Sale
$2,400,000

27320 Ranch Road 12, Dripping Springs, TX 78620

Charming condo complex in thriving Dripping Springs community.

Property SizeContact for details
Lot Size1.03 Acres
Days on Market992

Property Features for 27320 Ranch Road 12

General Information

Standard status Active
Lot size 1.03 Acres
Listing Agency: Friedman Real Estate, Inc.
Listed By: Josh Friedman · License #0451763
Source: Exprealty
Added: Dec 5, 2023 Changed: Aug 20 Last Checked: Aug 23 at 8:01AM

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 Friedman Real Estate, Inc.

Investment Insights

Based on property information with market context.

This condo complex, located in the heart of Dripping Springs adjacent to the Home Depot and a few blocks south of the Hwy 290/RR12 intersection, is suitable for both owner-users and investors. The property has undergone an extensive transformation and is ready for its next chapter. It is ideal for a range of office users, including insurance, tech, law, mortgage, esthetician, architecture, therapy, and medical practices. It is also suitable for hospitality businesses such as coffee shops, juice bars, and lounges. The location serves Dripping Springs, Austin, Kyle, Buda, Driftwood, Wimberley, and beyond. The property features high-speed internet, trees, landscaping, and CS zoning, which is the highest zoning for commercial use. This location offers an environment for success in the Dripping Springs community.

Key Highlights

  • Prime location in the heart of Dripping Springs, adjacent to Home Depot and near the Hwy 290/RR12 intersection.
  • CS zoning, the highest and best zoning for commercial use.
  • Suitable for a wide range of businesses, including office, hospitality, medical, and more.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Pharmacy HVAC Service Veterinary Clinic 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.

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

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

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
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Frequently Asked Questions

What type of property is this?
Office units - Charming condo complex in thriving Dripping Springs community.
Where is this office units located?
The property is located at 27320 Ranch Road 12 Dripping Springs, TX.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Prime location in the heart of Dripping Springs, adjacent to Home Depot and near the Hwy 290/RR12 intersection.; CS zoning, the highest and best zoning for commercial use.; Suitable for a wide range of businesses, including office, hospitality, medical, and more.
More about this property
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