Dripping Springs, TX Multifamily properties for sale

Updated: Apr 28

Income-Generating Short-Term Rental Compound

931 Sycamore Creek Dr, Dripping Springs, TX 78620

$1,100,000

1,904 sqft 4.00 AC lot

8 rental units on 4 acres, built in 2000
Unit mix includes four cabins and three tiny homes
Front‑positioned 3‑bedroom, 2‑bath manufactured home on site
Designed as a fully operational short‑term rental compound with on‑site owner/manager use or added rental income
BikeScore 2 (somewhat bikeable) and WalkScore 0 (car‑dependent)

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Updated: Oct 1

Five-Cabin Short-Term Rental Property

405 Martin RD # A, Dripping Springs, TX 78620

$1,199,000

4.00 AC lot

Five cabins of approximately 400 SF each, currently operating as short‑term Airbnb rentals
Approximately 4‑acre property in the Texas Hill Country, minutes from Dripping Springs
Approximately 2.5 acres available for additional development
Shared laundry facility and engineered septic system
Built in 2018

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Short-Term Rental Cabins

A-405 Martin Road, Dripping Springs, TX 78620

$1,199,000

4.00 AC lot

An operating cabin rental property includes a shared laundry facility and engineered septic system.

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Duplex with Development Acreage

111 Rose DR, Dripping Springs, TX 78620

$375,000

1.13 AC lot

1.13-acre duplex site offered with no zoning or restrictions; may be combined to create a larger Hwy 290 frontage tract.

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Four-Unit Duplex Property

151-201 Springlake Drive, Dripping Springs, TX 78620

$1,000,000

3,796 sqft 1.72 AC lot

Two duplex buildings accompany an additional vacant commercial lot within the city limits of Dripping Springs.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 5 Active listings in Dripping Springs, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Solar-Powered Duplex Compound

310 Eagles Nest Dr, Wimberley, TX 78676

$1,400,000

4,493 sqft

Multi-residence property with standalone dwellings, a large workshop, rainwater collection, and owned solar panels.

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Two-Bedroom Duplex With Garages

275 Mooring Circle Units A&b, Lakeway, TX 78734

$675,000

2,018 sqft

Each residence offers an open layout with dining and breakfast-bar areas.

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Farm Property with Rental Homes

251 Circle Dr, Wimberley, TX 78676

$2,800,000

11,126 sqft

Multi-structure Hill Country property with residences, event facilities, agricultural features, and dedicated water and septic systems.

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Two-Unit Duplex with Greenbelt Views

522 S Meadowlark Street, Lakeway, TX 78734

Contact for pricing

Lake Travis ISD duplex with separate fenced backyards, private balconies, and stainless steel appliances.

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Off-Market Properties in Dripping Springs, TX

Consider similar Off-Market properties in Dripping Springs, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

250 Windy Hls Rd, Dripping Springs, TX 78620-3542

Estimated value:

$470,000

1,147 sqft 33.90 AC lot

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MOBILE HOME PARK, TRAILER PARK

1600 Hwy 290, Dripping Springs, TX 78620-4313

Estimated value:

$355,000

640 sqft 8.00 AC lot

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Multifamily properties

4525 Bell Springs Rd, Dripping Springs, TX 78620

Estimated value: by Request

5,131 sqft 15.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

900 Hays Country Acres Rd, Dripping Springs, TX 78620-4314

Estimated value:

$340,000

1,960 sqft 5.58 AC lot

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MOBILE HOME PARK, TRAILER PARK

900 Hays Country Acres Rd, Dripping Springs, TX 78620-4314

Estimated value:

$345,000

1,960 sqft 5.08 AC lot

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MOBILE HOME PARK, TRAILER PARK

900 Hays Country Acres Rd, Dripping Springs, TX 78620-4314

Estimated value:

$350,000

1,960 sqft 5.85 AC lot

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MOBILE HOME PARK, TRAILER PARK

900th Hays Country Acres Rd, Dripping Springs, TX 78620-4248

Estimated value:

$345,000

1,960 sqft 5.27 AC lot

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Dripping Springs, TX Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Dripping Springs, TX, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 5,700 square feet of properties for sale, with an estimated market value of $4,873,000.

Sale prices for multifamily properties in Dripping Springs, TX start at $375,000, averaging $974,600, and reaching up to $1,199,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
78620	$825K

Neighborhood

Average Price

78620

$825K