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$7,000,000

0 W RR 150, Driftwood, TX, 78619

On MarketInfo

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.

Investor Tools

$0Estimated Mortgage Balance
$7,000,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$42,000 /month
Positive
Cash Flow Estimate:
$14,000 /month

Interested in this property?

Jeff Coffman

Coffman Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Driftwood

0 W RR 150 | Property Details | No Agent List