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    31301 Ranch Road 12 Dripping Springs, TX 78620

    Sponsored
    For Sale
    $1,850,000

    12.71 Acres, High-Demand Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 12.71-acre commercial land parcel presents a remarkable investment opportunity in the thriving Dripping Springs, Texas market. Strategically located on Ranch Road 12, this unrestricted property enjoys high visibility and accessibility, benefiting from its proximity to Hamilton Pool, downtown Dripping Springs, and the rapidly expanding Double L Ranch master-planned community (projected 2,231 homes). The property's prime location ensures a consistent flow of potential customers, making it ideal for a variety of commercial ventures. Pre-existing, substantially complete engineering plans for a boat/RV storage facility are included with the sale, addressing a significant local need. This turnkey opportunity allows for immediate development, capitalizing on the area's robust growth and strong demand for commercial services. The asking price is $1,850,000. Located in Hays County, with a 78620 zip code, this property at 31301 Ranch Rd 12 offers unparalleled potential for significant return on investment. The property's size and location make it a rare find in this competitive market. Don't miss this chance to secure a prime piece of Dripping Springs real estate.

    Property Features for 31301 Ranch Road 12

    General Information

    Property type
    Land
    Lot Size
    553,648 SF

    HighLights

    • $1,850,000 asking price.
    • 12.71‑acre commercial land parcel.
    • Located at 31301 Ranch Rd 12, Dripping Springs, TX 78620.
    • Prominent Ranch Road 12 frontage.
    • Substantially complete engineering plans for a boat/RV storage facility included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dripping Springs
    County
    Hays
    State
    Texas
    Longitude
    -98.057184
    Latitude
    30.24292

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    FAQs

    What type of property is this?
    Land - 12.71 Acres, High-Demand Location
    Where is this land located?
    The property is located at 31301 Ranch Road 12 Dripping Springs, TX.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: $1,850,000 asking price.; 12.71-acre commercial land parcel.; Located at 31301 Ranch Rd 12, Dripping Springs, TX 78620.
    Request Owner's contact information
    31301 Ranch Road 12 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
    31301 Ranch Road 12 Dripping Springs, TX 78620
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