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    15273 Fm 150 Driftwood, TX 78619

    For Sale
    $1,400,000

    Texas Ranch Land - Exceptional Value

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 21.22-acre property in Driftwood, Texas (Hays County, zip code 78619), presents a unique investment opportunity. Located near the intersection of FM 1826 and FM 150, this land boasts a prime location, close to Dripping Springs, the Salt Lick, and Hays City Store. The property features majestic oak trees, a fully fenced perimeter, a large pond, and a livestock shed. Three mobile homes are currently on the site, generating income, although they are considered to have no value. The property is unrestricted and offers subdivision potential, making it suitable for various uses, including livestock operations, residential development, or the creation of a private estate. A good well provides ample water. The property's secluded location ensures privacy, away from road noise and traffic. The asking price is $1,400,000, translating to approximately $96,606.97 per acre. The APN is R12483. All information is deemed reliable but not guaranteed

    Property Features for 15273 Fm 150

    General Information

    Property type
    Farms
    Lot Size
    924,343 SF

    HighLights

    • 21.22‑acre unrestricted property in Driftwood, TX (Hays County, 78619).
    • Prime location near FM 1826 and FM 150, close to Dripping Springs.
    • Features mature oak trees, perimeter fencing, pond, and livestock shed.
    • Includes three mobile homes (no value assigned).
    • Subdivision potential; suitable for residential, livestock, or private estate.
    • Good well; secluded location offers privacy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Hotel & Motel Skin Care Clinic Kitchen & Bath Bakery Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Driftwood
    County
    Hays
    State
    Texas
    Longitude
    -98.0361413
    Latitude
    30.1322128

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    FAQs

    What type of property is this?
    Farm - Texas Ranch Land - Exceptional Value
    Where is this farm located?
    The property is located at 15273 Fm 150 Driftwood, TX.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: 21.22-acre unrestricted property in Driftwood, TX (Hays County, 78619).; Prime location near FM 1826 and FM 150, close to Dripping Springs.; Features mature oak trees, perimeter fencing, pond, and livestock shed.
    Request Owner's contact information
    15273 Fm 150 Driftwood, TX 78619
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    Driftwood, TX 78619
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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
    15273 Fm 150 Driftwood, TX 78619
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