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    4150 Us-290 Dripping Springs, TX 78620

    Sponsored
    For Sale
    $6,000,000

    30 Acres, Hwy 290, Dripping Springs, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 30.32-acre tract boasts a prime location on Highway 290, just 4.5 miles east of Dripping Springs and approximately 16 miles west of downtown Austin. The property offers ±600 feet of highway frontage, enhanced by a 25-foot driveway providing convenient access. The land is relatively level in the front, transitioning to a gently sloping terrain in the south, which provides stunning Hill Country views. A tributary flows through the property's center. Currently utilized as a paintball course with one month-to-month tenant, the absence of zoning allows for diverse development opportunities. Utilities are readily available, including electricity and telecommunications, with a 20" waterline from the WTCPUA service area along Highway 290. Septic or an on-site sewer plant will be required. The property is served by Dripping Springs ISD. This unique offering presents a compelling investment opportunity, combining exceptional location, versatile usage potential, and breathtaking scenery. The asking price is $6,000,000.

    Property Features for 4150 Us-290

    General Information

    Property type
    Land
    Lot Size
    1,320,739 SF

    HighLights

    • Prime location on Hwy 290, 4.5 miles east of Dripping Springs and ~16 miles west of downtown Austin.
    • Excellent location between Austin and Dripping Springs.
    • ±600 feet of Hwy 290 frontage.
    • 25‑foot driveway provides convenient highway access.
    • Level front portion; gently sloping terrain in the south with Hill Country views.
    • Tributary runs through the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dripping Springs
    County
    Hays
    State
    Texas
    Longitude
    -98.0152371
    Latitude
    30.1950003

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    FAQs

    What type of property is this?
    Land - 30 Acres, Hwy 290, Dripping Springs, TX
    Where is this land located?
    The property is located at 4150 Us-290 Dripping Springs, TX.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: Prime location on Hwy 290, 4.5 miles east of Dripping Springs and ~16 miles west of downtown Austin.; Excellent location between Austin and Dripping Springs.; ±600 feet of Hwy 290 frontage.
    Request Owner's contact information
    4150 Us-290 Dripping Springs, TX 78620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4150 Us-290 Dripping Springs, TX 78620
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