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Highway-Frontage Commercial Land
For Sale
$1,150,000

651 W Highway 290, Dripping Springs, TX 78620

A flat, level site has city water and sewer connections and is leased to a food-service tenant.

Property SizeContact for details
Days on Market86

Property Features for 651 W Highway 290

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $16,778
Listing Agency: Randy Hutto, Realtors
Listed By: Randy Hutto · License #0328942
Source: Exprealty
Added: Jul 15 Changed: Oct 6 Last Checked: Oct 7 at 3:19PM

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 Randy Hutto, Realtors

Investment Insights

Based on property information with market context.

This level commercial parcel is leased to Drippin Donuts, with one year remaining on the lease. City water is connected, and the property has city sewer service with 1 LUE.

The site fronts Highway 290 in Dripping Springs, with a traffic signal just west of the property.

Key Highlights

  • Flat, level building site
  • Leased to Drippin Donuts with 1 year remaining
  • City sewer connection with 1 LUE; city water connected

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Storage Facility Parking Lot & Garage Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Auto Parts Store Home Appliance Store

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

802
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - A flat, level site has city water and sewer connections and is leased to a food-service tenant.
Where is this commercial land located?
The property is located at 651 W Highway 290 Dripping Springs, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Flat, level building site; Leased to Drippin Donuts with 1 year remaining; City sewer connection with 1 LUE; city water connected
More about this property
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