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23490 Ranch Road 12 Driftwood, TX 78619

For Sale
$2,300,000

Texas Event Venue w/ Cabins

Property size:
5,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
365
Exceptional investment opportunity: A 5,000 square foot event center situated on a 4.18-acre lot in Driftwood, Texas (78619). This property, located at 23490 Ranch Rd 12, boasts a substantial 5,000 square foot dance hall built on an 8-inch concrete slab supported by 40, 20-foot deep piers. The main building features 15 tons of air conditioning and 3-phase power. A 6,000-gallon retention tank is also present. The property includes five additional cabins, currently utilized as Airbnb rentals, providing supplemental income streams. The land itself offers a significant value proposition, with a price per square foot of $12.63. The property is serviced by a well and septic system. There is no permitted zoning. This versatile property presents a unique opportunity for various uses, including a music venue, wedding/event venue, industrial/warehouse space, or bar/restaurant. The high median household income in the nearby Dripping Springs area ($116,068 in 2023) indicates strong potential for success. This is a for-sale-by-owner property, priced at $2,300,000.

Property Features for 23490 Ranch Road 12

General Information

Property type
Wedding venues
Square Feet
5,000 SF
Lot Size
182,081 SF

Building Details

Buildings
5

HighLights

  • High median household income in nearby Dripping Springs ($116,068 in 2023).
  • 5,000 SF dance hall with 15 tons of AC and 3‑phase power; 8" concrete slab on 40, 20‑foot deep piers; 6,000‑gallon retention tank.
  • Five cabins generating supplemental income via Airbnb rentals.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mercer Dancehall Bar

Suggested Use

Restaurant Law Firm Wholesale Shop Hotel & Motel Garden Center Bar & Pub Electrical Service Pawn Shop Bed & Breakfast Breakfast

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

Location Insight

  • Map
  • Local Demand
City
Driftwood
County
Hays
State
Texas
Longitude
-98.0356087
Latitude
30.1091432

FAQs

What type of property is this?
Wedding venue - Texas Event Venue w/ Cabins
Where is this wedding venue located?
The property is located at 23490 Ranch Road 12 Driftwood, TX.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: High median household income in nearby Dripping Springs ($116,068 in 2023).; 5,000 SF dance hall with 15 tons of AC and 3-phase power; 8" concrete slab on 40, 20-foot deep piers; 6,000-gallon retention tank.; Five cabins generating supplemental income via Airbnb rentals.
More about this property
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