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Property profile & analytics
OFF-MARKET
Land

18400 Rnch To Market Rd Driftwood, TX 78619

10 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10-acre unrestricted property in Driftwood, Texas, presents a remarkable investment opportunity. Situated directly on FM-150 with approximately 1311 feet of frontage, this land boasts unparalleled access and visibility. The location offers easy connectivity to Austin via the FM-150/1826 intersection, less than a mile away. The property benefits from its proximity to thriving markets and popular attractions, including the Driftwood Golf and Ranch Club, Salt Lick BBQ, and Fall Creek Vineyards. A conceptual grading plan, professionally engineered, outlines potential development for approximately 26,400 square feet of leasable flex/office/light industrial space, 47 parking spots, and secured outdoor storage. The plan incorporates a previously permitted deceleration lane for easy truck access. Existing improvements include a two-story, 1152-square-foot garage apartment (currently leased month-to-month), a 576-square-foot one-bedroom apartment with a balcony, and a 576-square-foot double-bay garage. The property features a private well, conventional septic system, and power. The site is largely cleared, minimizing site preparation costs, while retaining some trees for noise reduction and privacy. Recent improvements include added fill dirt for leveling and a new base for the entry road. The property's parcel ID is R20555, and it's located within the Dripping Springs ETJ, with an unzoned designation and a Dripping Springs ISD school district. The tax rate is 1.87 (non-exempt), and estimated average utility usage is $110 per month. The 100-year and 500-year floodplain areas are present, and the property sits within the Trinity-Edwards Aquifer Contributing Zone. This property is ideal for a variety of commercial ventures, taking advantage of the area's significant growth and development. The asking price is $1,200,000.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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