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$950,000

TBD Lot 1-AA FM 150, Driftwood, TX, 78619

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Prime Opportunity! 7.08 Acres on FM 150 in Driftwood, TX – Build a Home, a Business, or Both Welcome to Lot 1-AA FM 150, a versatile and scenic 7.08-acre property in the heart of Driftwood, offering the best of Hill Country living with minimal restrictions and no HOA. Whether you're dreaming of a custom home, a barndominium, or a live, work setup, this mostly cleared lot with multiple build sites offers incredible potential. With direct frontage on FM 150, one of the area's main corridors, the property also presents exciting possibilities for light commercial use, including a warehouse, workshop, home-based business, or even a future boutique or restaurant—subject to approval. The location balances privacy with accessibility, making it ideal for entrepreneurs or landowners seeking flexibility in use. Enjoy low property taxes thanks to an existing Ag exemption, and rest easy knowing you're within the highly sought-after Dripping Springs ISD. Plus, an adjacent 7.08-acre lot is also available—offering a rare opportunity to expand your footprint with over 14 acres of usable land. Buy one or both for a family compound, mixed-use investment, or future development.

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$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Coffman Real Estate

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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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TBD Lot 1-AA FM 150 | Property Details | No Agent List