TBD W FM150, DRIFTWOOD, TX 78619

Homes for sale in Driftwood.

Homes for sale in 78619.


TBD W FM150

Driftwood, TX 78619

Active

List Price$7,000,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #5041024

2,243,340

Square Feet

Commercial

Type

About This Property

Truly exceptional 51.5+/- acre opportunity five minutes from downtown Dripping Springs. This unrestricted tract offers excellent road frontage, strong topography, and outstanding versatility, ideal for commercial, residential (single or multi-family), or mixed-use development. With multiple prime building sites and gently rolling terrain, the property provides flexibility for a wide range of development concepts or a private estate. The expansive acreage allows for potential subdivision into smaller parcels, making it a compelling investment for developers or long-term holders. The land is dotted with mature oak trees and hardwoods, offering both natural beauty and functional shade, with ample room for horses or agricultural use. Currently AG-exempt for low taxes, the property also benefits from key infrastructure advantages: potential access to Phase 3 of the City of Dripping Springs sewer line, which extends to the Northeast property boundary, and city water located directly across the street. LUEs will convey with the property (see agent for details). Located in one of the fastest-growing corridors between Austin and Dripping Springs, this property presents a rare opportunity to acquire a large, unrestricted tract with strong development fundamentals and long-term upside. Information provided is deemed reliable but not guaranteed. Buyer and Buyer's Agent to independently verify all information including measurements, zoning, utilities, schools, and taxes.

Property Features

Location Information

County

Hays

Subdivision

THOMAS R JACKSON SURVEY

County

Hays

Directions

From Dripping Springs head South on RR12 to the intersection of FM150. Continue on FM150 for 1.75 miles and the property will be on the right side of the road right after the big bend in FM150.

Area

HD

Exterior Features

Is New Construction

No

Buildings

0

Possession

Closing & Funding, Close Of Escrow

Road Description

Caliche, Dirt

Water / Sewer

See Remarks

Has Waterfront

No

Water

See Remarks

Has View

Yes

Parking Description

None

View

Hills, Panoramic, Rural, Trees/Woods

Lot Size in Acres

51.5

Additional Information

Other Utilities

See Remarks

APN

1000090073000084

Property Type

COM

Status

Active

Property SubType

Ranch

Documents Available

Aerial, Survey, Water/Well Report

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Mortgage Calculator

$32,690

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$25,224

Monthly Tax

$5,833

Monthly Insurance

$1,633

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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