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    Driftwood, TX
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    Driftwood, TX Retail Space for Sale

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    Dripping Springs, TX Austin, TX Wimberley, TX
    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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Driftwood, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Diverse Commercial Property in Wimberley
    Diverse Commercial Property in Wimberley

    16933 Rr, Wimberley, TX 78676

    $1,250,000
    960 sqft · 6.94 AC lot

    Commercial property with frontage on Ranch Road 12 in Wimberley.

    View details
    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
    Retail Space with Highway Frontage
    Retail Space with Highway Frontage

    120 Frog Pond Ln, Dripping Springs, TX

    $3,000,000
    1,400 sqft · 1.66 AC lot

    Retail space with great visibility and highway frontage available for rent.

    View details
    Versatile Commercial Building on 1.57 Acres
    Versatile Commercial Building on 1.57 Acres

    4002 US-290, Dripping Springs, TX

    $2,450,000
    5,000 sqft · 1.72 AC lot

    5,000 SF building suitable for retail, office, or restaurant.

    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.

    Prime PUD-Zoned Land Opportunity
    Prime PUD-Zoned Land Opportunity

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    900 sqft · 2.07 AC lot

    2.07 acres of PUD-zoned land in a growing corridor.

    View details

    Driftwood, TX Retail Space Market Trends and Statistics

    Explore 1 retail space 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 retail space in Driftwood, TX start at $1,995,000, averaging $1,995,000, and reaching up to $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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Showrooms 2

    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 $5.6M

    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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