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    7394 Creek Rd Dripping Springs, TX 78620

    Sponsored
    For Sale
    $3,200,000

    Prime Texas Hill Country development land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 23.63-acre ranch in Dripping Springs, Texas, presents a remarkable development opportunity. Located at 7394 Creek RD, 78620, Hays County, this property boasts a prime location adjacent to a popular sports venue, offering significant potential for various mixed-use developments. The current agricultural exemption provides immediate tax savings. The existing barndominium could serve as a community center or be repurposed. The property's proximity to Highway 290 ensures easy accessibility. Its strategic location near existing wedding venues and the high volume of visitors to the adjacent sports complex creates a strong demand for supporting businesses such as restaurants, breweries, wineries, lodging (tiny homes, RV parks), and recreational facilities (climbing wall, pool, batting cages). The possibilities are extensive, catering to the needs of both local residents and the influx of visitors. This is an exceptional investment opportunity in a rapidly growing area of Texas Hill Country. The property's size and location make it ideal for a variety of commercial and residential ventures, creating a unique and thriving community. This is a rare chance to acquire a substantial tract of land with significant upside potential.

    Property Features for 7394 Creek Rd

    General Information

    Property type
    Farms
    Lot Size
    1,029,323 SF

    HighLights

    • $3,200,000 asking price for 23.63 acres of land in Dripping Springs, TX.
    • Located in Hays County, TX, at 7394 Creek RD, zip code 78620.
    • Zoned for mixed‑use development, including potential for a wedding venue, tiny homes, or brewery.
    • Adjacent to a popular sports facility, offering high traffic potential.
    • Currently has an agricultural exemption, providing tax savings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Hotel & Motel Gym & Fitness Department Store Accounting Firm Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Dripping Springs
    County
    Hays
    State
    Texas
    Longitude
    -98.2057915
    Latitude
    30.18833

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    FAQs

    What type of property is this?
    Farm - Prime Texas Hill Country development land.
    Where is this farm located?
    The property is located at 7394 Creek Rd Dripping Springs, TX.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: $3,200,000 asking price for 23.63 acres of land in Dripping Springs, TX.; Located in Hays County, TX, at 7394 Creek RD, zip code 78620.; Zoned for mixed-use development, including potential for a wedding venue, tiny homes, or brewery.
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    7394 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
    7394 Creek Rd Dripping Springs, TX 78620
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