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$850,000

28707 RR 12, Dripping Springs, TX, 78620

On MarketInfo
Just AddedInfo
CommercialInfo
Baths0 Bath
Baths2,840 Sq Ft
RetailRetail
price_per_sqft$299.3 / sqft
Year BuiltBuilt in 1971

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

About this property

1.5 Acres on RR 12, also connecting to the Heritage subdivision. Old building is gutted and can be remodeled or demolished. 7 parking spaces, water, sewer, and electricity available. Local retail (LR) zoning in Dripping Springs, TX, primarily permits low-intensity, neighborhood-oriented commercial uses, such as convenience stores, small offices, boutique retail, and personal services. This classification restricts large-scale big-box stores while allowing daily goods and services for nearby residential. Permitted Uses (Allowed By-Right) In the Local Retail (LR) district, property owners can establish the following without special hearings: Personal & Professional Services: Barber shops, beauty salons, dry cleaning drops, tailor shops, and photography studios. Offices: Real estate, insurance, financial services, medical offices, and general professional spaces.Food Services: Small cafes, coffee shops, and restaurants Conditional Uses (Requires Approval) Some uses are not automatically allowed but may be permitted if the business obtains a Conditional Use Permit (CUP): Restaurants or Bars serving alcohol (e.g., wine bars or pubs). Childcare Centers or similar institutional services. Specific service businesses that may have unique operational impacts on neighboring properties. Development Standards: All projects in LR district must follow the city's building and land-use standards. Key requirements include: Building Height: Typically restricted to a maximum of 40 feet. Exterior & Lighting: Dripping Springs is an International Dark Sky Community, so all exterior lighting and signage must be designed to minimize light pollution. Landscaping: A detailed landscape and tree preservation plan must be submitted during the site development phase. To confirm specific parcel zoning or view the comprehensive use chart, you can contact the City of Dripping Springs Planning and Development Department.

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Burt Dement

Burt Dement Real Estate LLC

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Financing Details

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

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Dripping Springs

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28707 RR 12 | Property Details | No Agent List