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Property profile & analytics
OFF-MARKET
Land

1451 Springlake Dr Dripping Springs, TX 78620

8.05 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.05-acre tract of land presents a unique investment opportunity in the desirable Springlake Subdivision of Dripping Springs, Texas. Located just off RR 12 and a convenient 30-minute drive from Austin, this property offers a tranquil setting abundant with mature trees. The land is currently undeveloped, providing a blank canvas for a variety of projects. The property's zoning and potential for subdivision into smaller lots for single-family homes makes it ideal for developers seeking a boutique residential development. City water is available, simplifying infrastructure considerations. The asking price is $725,000, translating to approximately $97,515.53 per acre. The property's APN is 1180700000047004. Situated in Hays County, Texas, with a Dripping Springs address (1451 Springlake Dr, zip code 78620), this location offers a blend of rural serenity and proximity to Austin's vibrant city life. This large parcel of land presents a compelling opportunity for those seeking a private estate or a lucrative development venture. The natural beauty and convenient location combine to create a truly exceptional property. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 8.05 ac (350,658 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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