2 Us-290 Dripping Springs, TX 78737
This exceptional 3.06-acre commercial lot presents a prime development opportunity in Dripping Springs, Texas. Located at the intersection of Ledgestone Drive and US Highway 290, this property boasts unparalleled visibility and accessibility, situated amongst established national retail brands. The site offers significant advantages for developers, including the absence of zoning restrictions and landscaping ordinances. An 80% impervious cover limit is in place. Water quality and storm detention are managed via an off-site pond with available capacity. Reliable wastewater service is provided by Hays County MUD No. 4, and water service is supplied by the West Travis County Public Utility Agency. This location provides high traffic volume and prominent visibility along US Highway 290, making it ideal for a variety of commercial uses, including but not limited to retail and office spaces. The asking price for this exceptional property is $1,400,000. The property is available for sale or build-to-suit arrangements. The address is 2 US-290, Austin, TX 78737, within Hays County.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.