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    427 Creek Rd Dripping Springs, TX 78620

    For Sale
    $725,000

    Prime 2+ Acre Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.04-acre commercial lot presents a remarkable investment opportunity in the thriving town of Dripping Springs, Texas. Located at 427 Creek Rd, 78620, this property boasts a highly desirable location, perfect for a wide range of commercial developments. Currently zoned SF-4, the property offers flexibility, with the potential for rezoning to LR (subject to approval of a site plan). This blank canvas allows for the creation of a bespoke commercial project tailored to specific needs. The property's central location within Dripping Springs ensures high visibility and accessibility, capitalizing on the town's rapid expansion and growing population. Given the current market conditions and the scarcity of available land, this presents a unique chance to establish a significant commercial presence in a booming Texas community. Interested parties are encouraged to inquire about utility availability and zoning possibilities. Don't miss this rare opportunity to secure a prime piece of Dripping Springs real estate. The asking price is $725,000. This property is situated in Hays County and offers significant potential for future growth and return on investment.

    Property Features for 427 Creek Rd

    General Information

    Property type
    Land
    Lot Size
    88,862 SF

    HighLights

    • Asking price: $725,000
    • 2.04‑acre commercial land parcel
    • Located at 427 Creek Rd, Dripping Springs, TX 78620
    • SF‑4 zoning, with potential for LR zoning re‑designation
    • Prime location for commercial development in rapidly growing Dripping Springs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Dental Office Spa & Massage Hair Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dripping Springs
    County
    Hays
    State
    Texas
    Longitude
    -98.0994499
    Latitude
    30.188973

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    FAQs

    What type of property is this?
    Land - Prime 2+ Acre Commercial Lot
    Where is this land located?
    The property is located at 427 Creek Rd Dripping Springs, TX.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: Asking price: $725,000; 2.04-acre commercial land parcel; Located at 427 Creek Rd, Dripping Springs, TX 78620
    Request Owner's contact information
    427 Creek Rd Dripping Springs, TX 78620
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    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
    427 Creek Rd Dripping Springs, TX 78620
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