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Investment Highlights

  • Corner lot location in Downtown Dripping Springs Historic District.
  • Strong pedestrian access within an established destination corridor.
  • Public utilities installed, including water, sewer, and power.
  • Flexibility for retail, office, or restaurant conversion.
  • Close to major highways, providing regional connectivity.

Executive Summary

This property presents a unique investment or owner-user opportunity in the heart of Dripping Springs’ Historic District. Situated on a 0.34-acre corner lot along S San Marcos Street, the site offers approximately 3,628 square feet of flexible retail and warehouse improvements. The location provides outstanding walkability and visibility, anchored in one of Texas' fastest-growing communities.
The property is positioned for multiple uses, including restaurant, retail, or office, making it adaptable for businesses aiming to leverage the thriving Hill Country market. With zoning in place (CS), public utilities connected, and proximity to the vibrant Mercer Street corridor, this asset delivers future upside potential through redevelopment or continued use. Investors benefit from strong area growth dynamics, commercial expansion, and a steady influx of residents and visitors drawn to the region’s established retail and entertainment amenities.

Property Facts

Price $2,000,000
Price Per SF $801.28
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.34 AC
Rentable Building Area 2,496 SF
No. Stories 1
Year Built 1964
Tenancy Single
Zoning CS - CS in Historical District

Utilities

  • Lighting
  • Water
  • Sewer
  • Heating
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
R26698
Land Assessment
$206,830
Improvements Assessment
$65,080
Total Assessment
$271,910
  • Listing ID: 40586439

  • Date on Market: 5/19/2026

  • Last Updated:

  • Address: 101 S San Marcos, Dripping Springs, TX 78620

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