Property profile

101 Goodnight Trl Dripping Springs, TX 78620

FOR SALE
Land
Property ID
US83-1795509
2.72 ac lot
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Property summary

AI-generated overview

This exceptional 2.72-acre commercial land parcel presents a unique opportunity in the desirable Dripping Springs, Texas market. Located at 101 Goodnight Trail, 78620, this property offers a tranquil setting amidst the picturesque Texas Hill Country. Its expansive acreage provides ample space for a variety of commercial ventures, from agricultural pursuits to recreational uses. Imagine establishing a thriving farm, ranch, or even a unique commercial development that capitalizes on the area's renowned wineries, distilleries, and breweries. The peaceful, rural setting offers a distinct advantage, attracting clientele seeking a respite from urban life. The property's location in Hays County provides easy access to Dripping Springs' vibrant community and its surrounding amenities. This versatile land presents a blank canvas for a discerning investor seeking a prime location with significant development potential. The address is easily accessible, and the land itself is largely flat and ready for development. This is a rare opportunity to acquire a substantial commercial parcel in a highly sought-after area of Texas. Don't miss out on this chance to build your business in a stunning and convenient location.

Property profile

Verified
Property type Land
Lot 2.72 ac (118,483 SF)
UPID US83-1795509

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

101 Goodnight Trl Dripping Springs, TX 78620
Dripping Springs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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