7890 Us-290 Dripping Springs, TX 78620
This exceptional 12.92-acre commercial land parcel presents a unique investment opportunity in the thriving Dripping Springs area. Strategically located at the corner of US Highway 290 and Henly Loop, this property boasts approximately 380 feet of highway frontage and an additional 1300 feet bordering Henly Loop, ensuring unparalleled visibility and accessibility. The land features appealing elevation changes offering stunning views, and includes a three-quarter-acre stocked tank. The unrestricted nature of the property allows for a wide range of development possibilities, catering to diverse commercial ventures. Its convenient location offers easy access to Dripping Springs, just 15 minutes away, and a short 35-minute commute to downtown Austin. The property's size and prime location make it ideal for a variety of commercial uses. The Hays County location, with APN 10-0630-0000-00001-7, adds to its desirability. Note that an additional 72 acres adjacent to this property are also available for purchase, presenting a potential for significant expansion. The asking price for this remarkable 12.92-acre tract is $1,397,500. This is a rare opportunity to acquire a substantial commercial property in a rapidly growing area with excellent visibility and access.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.