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Property profile & analytics
OFF-MARKET
Land

3000 Hwy Dripping Springs, TX 78620

15 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15-acre commercial property in Dripping Springs, Texas, presents a remarkable investment opportunity. Located at 3000 West Highway 290, Hays County, zip code 78620, this unrestricted land boasts commanding highway frontage, ensuring maximum visibility and accessibility. Its strategic location offers easy connectivity to major thoroughfares, making it ideal for diverse commercial ventures. The expansive acreage allows for a multitude of development possibilities, including multi-family housing, a boutique hotel, a commercial complex, or a mixed-use development. Previous owner considerations included a 3-par golf course at the rear, complementing commercial development at the front. Dripping Springs' rapid growth and desirability make this property not only a promising immediate investment but also a sound long-term asset, poised to benefit from the area's upward real estate trajectory. This is a rare chance to capitalize on the potential of one of Texas' most attractive locations. The asking price is $5,950,000.

Property profile
Verified
Property type Land
Lot 15 ac (653,400 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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