78676 Ranch Road 12 Dripping Springs, TX 78620
- Land
- 7.19 lot acres
Current Use by Public Records
- Land
Property Details for 78676 Ranch Road 12
- Lot size
- 7.19 lot acres
- Property type
- Land
Description
This exceptional 7.19-acre commercial tract is ideally situated at the hard corner of Ranch Road 12 and DS Ranch Road in Dripping Springs, Texas. Boasting 805 feet of frontage on Ranch Road 12 and 567 feet on DS Ranch Road, this property presents a remarkable opportunity for development. Zoned for General Retail (GR), it's perfectly positioned to capitalize on the area's robust growth. Located just 1.5 miles from US Highway 290, this site benefits from excellent visibility and accessibility. The property is directly across the street from the Dripping Springs Event Center and the Double L Ranch, a 1677-acre master-planned community. Dripping Springs has experienced significant population growth in the last decade, with new subdivisions springing up along Ranch Road 12 and US 290, further enhancing the investment potential. All utilities are available on-site. The asking price is $2,506,000, or $8 per square foot. The property's size allows for the possibility of subdividing into parcels exceeding 3 acres. The APN is R132984. This is a rare opportunity to acquire a high-visibility commercial site in a rapidly expanding Texas market. The property is owned by BDR 12 LLC.
Value Estimations
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dripping Springs
- County
- Hays
- State
- Texas
- Longitude
- -98.0845
- Latitude
- 30.2146