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    Driftwood, TX Retail Properties & Spaces for Sale

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    Driftwood Dance Hall with Cabins
    Updated: Feb 3, 2024
    Driftwood Dance Hall with Cabins

    23490 Ranch Rd 12, Driftwood, TX 78619

    $1,995,000
    7,100 sqft 4.18 AC lot
    Established income potential with 5 fully operational Airbnb cabins.
    Large 5,000 SF dancehall suitable for events and gatherings.
    Significant land parcel of 4.18 acres offering space and privacy.
    Robust construction of the dancehall with a reinforced concrete slab and deep piers.
    Unrestricted land use due to the absence of zoning regulations.
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    This listing looks promising.

    Here's a quick look at some key insights for

    23490 Ranch Rd 12, Driftwood, TX 78619

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $125K
      Annual

    • Mortgage

      $270K
      Jul 2018
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Driftwood, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant/Brewery/Retail Opportunity on Ranch Road
    Restaurant/Brewery/Retail Opportunity on Ranch Road

    16920 Ranch Rd 12, Wimberley, TX 78676

    $1,100,000
    2,152 sqft 1.87 AC lot

    Turn-key restaurant/brewery/retail space on 1.87 acres near Wimberley.

    View details
    Leased Retail Shops Pad
    Leased Retail Shops Pad

    165 Hargraves Dr, Austin, TX 78737

    Contact for pricing

    Fully leased shops pad within Belterra Village, fronting US-290 with access at its junction with Nutty Brown Road.

    View details
    Profitable Businesses in Wimberley Square
    Profitable Businesses in Wimberley Square

    314 Wimberley Square Rd, Wimberley, TX 78676

    $4,550,000
    0.29 AC lot

    Two properties with established businesses in Wimberley's tourist center.

    View details
    Prime Commercial Lot on US-290
    Prime Commercial Lot on US-290

    2 US-290, Austin, TX 78737

    Contact for pricing
    3.06 AC lot

    3.06 AC lot suitable for retail or office development.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Dripping Springs Development Opportunity
    Dripping Springs Development Opportunity

    720 Highway 290, Dripping Springs, TX 78620

    $2,550,000
    2.56 AC lot

    2.556 acre commercial development site in Dripping Springs.

    View details
    Land for Sale in Dripping Springs
    Land for Sale in Dripping Springs

    519 Old Fitzhugh RD, Dripping Springs, TX 78620

    $1,450,000

    Land available in Dripping Springs, Texas.

    View details
    Prime Corner Land in Dripping
    Prime Corner Land in Dripping

    Ranch Road 12, Dripping Springs, TX 78620

    $2,506,000
    7.19 AC lot

    Hard corner site ideal for retail, office, or flex space.

    View details
    Prime Corner Land in Dripping
    Prime Corner Land in Dripping

    Ranch Road 12, Dripping Springs, TX 78620

    $2,506,000
    7.19 AC lot

    Hard corner site suitable for retail, office, or flex space.

    View details

    Driftwood, TX Retail Properties & Spaces Market Trends and Statistics

    Explore 1 retail properties & spaces for sale in Driftwood, TX on our real estate platform. These investment opportunities span a total of 7,100 square feet of properties for sale, with an estimated market value of $1,995,000.

    Sale prices for stores in Driftwood, TX average $1,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 6,896
    Population Growth (5Y) +54.1%
    Median Household Income $171,667
    College Educated 75.1%

    High-Yield Neighborhoods for Investment

    Identify Driftwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    78619 $3.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.56%
    Property Tax per SF $62.76 per SF
    Tax Rate vs County Average 0.17 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hays County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hays County

    Residential Income

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