1030 Brownson Ln Driftwood, TX 78619
This exceptional 4.18-acre property in Driftwood, Texas, presents a unique mixed-use investment opportunity. Located just minutes from the vibrant downtown Dripping Springs area, this unrestricted land offers unparalleled flexibility for residential or commercial development. Situated outside city limits, the property boasts no HOA fees, providing freedom from restrictive covenants. The land features county road frontage, ensuring convenient access, and presents level building sites ideal for construction. Enjoy breathtaking views from this desirable location. The property's proximity to Dripping Springs provides easy access to a variety of amenities, including shopping, dining, entertainment, and cultural attractions. Dripping Springs is also renowned for its highly-rated schools, consistently ranked among the top in Texas by the Texas Education Agency. For those seeking a connection to Austin, the property is conveniently located just 40 minutes from the city's downtown core. The property is within District 4 of the Hays Trinity Groundwater Conservation District. This versatile land parcel is perfect for those seeking a prime location to build a home, develop a commercial venture, or a combination of both. The absence of restrictions and the desirable location make this a truly exceptional opportunity.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.