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$597,000

920 Elder Hill RD, Driftwood, TX, 78619

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

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Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesPrivate Entrance, RV Hookup

About this property

Amazing opportunity to own this rare stunning lightly restricted, Agg exempt +-5 acres in highly sought after Driftwood. Listed $142,900 below the appraised value! This beautifully private lot features gated access, multiple level and gently rolling building sites with views of the surrounding hill country. Covered with majestic oak trees, the land is partially cleared, presenting an ideal canvas for building your dream home or creating a weekend retreat. Part of a small 4-lot subdivision 920 A Elder Hill Road is partially fenced ensuring continued privacy within this exclusive enclave. Your new country retreat is located only minutes from the Salt Lick, Trattoria Lisina, Hays City Store and multiple HEBs. Experience the best of both worlds the tranquility of country living in Driftwood, a Dark Sky community, paired with the convenience of city amenities just minutes away. The travel trailer is negotiable however the land comes with a large wood deck, 30 AMP RV hook up, 1,000-gallon water storage tank with pump, dump storage tank and a large detached storage shed. Whether you choose to build or simply relax, all the essentials are in place for you to enjoy the stunning sunsets with a glass of wine. Don’t miss out on this incredible opportunity to own a piece of Driftwood paradise- welcome home! STRs are allowed on this site.

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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
$3,582 /month
Positive
Cash Flow Estimate:
$1,194 /month

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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: Driftwood

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920 Elder Hill RD | Property Details | No Agent List