29300 Ranch Road 12 Dripping Springs, TX 78620
- Commercial real estate
- 12.11 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 29300 Ranch Road 12
- Lot size
- 12.11 lot acres
- Property type
- Commercial real estate
Description
This exceptional 12.11-acre mixed-use property in Dripping Springs, Texas, presents a remarkable development opportunity. Located at 29300 Ranch Rd 12, this site boasts over 900 feet of frontage on Ranch Road 12 and is situated within the Dripping Springs ETJ, benefiting from the area's explosive planned growth. The property's strategic location places it adjacent to the Anarene "Double L Ranch" master-planned community, between Founders Ridge Subdivision and Dripping Springs Elementary School, ensuring high visibility and accessibility. Water service is provided by Dripping Springs Water Supply Corp. A sanitation easement runs along the property's border, and a lift station for wastewater is conveniently located at the edge, facilitating potential annexation into the city. The asking price for this prime development land is $4,000,000. This is an unparalleled chance to capitalize on the thriving Dripping Springs market and create a significant return on investment. The property's versatility allows for a range of commercial and mixed-use developments, catering to the area's growing population and demand. Don't miss this exceptional opportunity to acquire a highly desirable and strategically located property in one of Texas's fastest-growing areas. Zip code: 78620.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dripping Springs
- County
- Hays
- State
- Texas
- Longitude
- -98.0839054
- Latitude
- 30.2139156
