Listing Agency: Marcus & Millichap - Austin

Listed By: Allan Miller · License #TX 534967 Show Phone

Source: Crexi

Added: Apr 10 Changed: Sep 2 Last Checked: Sep 5 at 10:51PM

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Investment Insights

Based on property information with market context.

Key Highlights

• Newly constructed Holiday Inn Express & Suites Dripping Springs opened July 2017.
• 84‑room limited‑service hotel in Dripping Springs within the Austin MSA.
• Hotel amenities include an outdoor pool, whirlpool, and fitness center.

Property Analytics

Property Profile

Current Use

Hotels

Suggested Use

Top Pick Auto Parts Store Storage Facility Locksmith Furniture & Home Goods Parking Lot & Garage Kitchen & Bath Showroom

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

642

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

Questions? Ask Rey

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What type of property is this? Where is this hotels located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

Where is this hotel located?

The property is located at 333 E Highway 290 Dripping Springs, TX.

What are key features of this property?

This property features: Newly constructed Holiday Inn Express & Suites Dripping Springs opened July 2017.; 84‑room limited‑service hotel in Dripping Springs within the Austin MSA.; Hotel amenities include an outdoor pool, whirlpool, and fitness center.