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3000 W Hwy 290 - 15+/- Acres: PRIME COMMERCIAL OPPORTUNITY 15.03 Acres of Commercial Land Offered at $6,500,000 in Dripping Springs, TX 78620



Investment Highlights
- US Highway 290 traffic volumes are projected to double by 2045
- Income-Producing, Redevelopment-Ready Commercial Land
- National Retailer Validation & Surging Demand
Executive Summary
Rarely does a commercial opportunity of this caliber come to market. Situated along the high-traffic US Highway 290 corridor in Dripping Springs, Texas: one of the fastest-growing communities in the United States. This 15± acre tract represents a generational investment in one of the most sought-after growth markets in the country. Currently home to the Dripping Springs Country Club, the property is fully operational and income-producing while offering extraordinary potential for redevelopment, mixed-use, or large-scale commercial projects.
PROPERTY HIGHLIGHTS:
• 15± Acres of prime Highway 290 frontage
• Currently operating as the Dripping Springs Country Club
• Zoned / Proposed Use: Commercial
• Surrounded by explosive residential and commercial growth
• Minutes from a new Target development currently under construction
• Exceptional visibility and access along one of Texas's most traveled Hill Country corridors
LOCATION & MARKET:
Dripping Springs has earned its place on the national stage as one of the fastest-growing cities in the United States. Positioned along the US 290 corridor, the primary gateway connecting Austin to the Texas Hill Country, this property benefits from explosive population growth, rising household incomes, and surging demand for retail, dining, entertainment, and mixed-use development.
The immediate trade area is experiencing transformational change, with major national retailers planting flags in the submarket. A new Target store is currently under construction just down the road, a powerful signal of the area's demographic strength and retail demand. Where Target goes, other national and regional tenants follow making this an ideal time to secure a premier development site before land values climb further.
DEVELOPMENT POTENTIAL:
This property is a developer's dream. With 15± acres of contiguous land and direct Highway 290 frontage, the possibilities are virtually limitless:
• Retail center or lifestyle shopping destination
• Restaurant row or food & beverage entertainment district
• Hotel or hospitality development
• Medical or professional office campus
• Mixed-use development combining retail, dining, and residential
• Event venue, entertainment complex, or recreation facility
• Self-storage or light industrial (subject to entitlements)
• Master-planned commercial subdivision
The scale and location of this site provide the flexibility to accommodate a single-tenant anchor, a multi-tenant development, or a phased mixed-use project designed to serve the rapidly expanding local population.
WHY DRIPPING SPRINGS?
Dripping Springs is no longer a hidden gem. It is a destination. Known as the "Gateway to the Hill Country," this community has attracted a wave of affluent residents, young families, and businesses relocating from the greater Austin metro. With top-rated schools, a vibrant local culture, and proximity to Austin's tech economy, Dripping Springs commands premium real estate values that continue to rise.
US Highway 290 traffic volumes are projected to double by 2045, cementing this corridor's role as one of Central Texas's most important commercial arteries for decades to come. This is the kind of opportunity that defines a portfolio. Don't miss your chance to own a landmark piece of Texas Hill Country's most dynamic growth corridor.
For more information, contact your commercial real estate representative.
*All proposed uses to be verified by buyer*
Property Facts
| Price | $6,500,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 15.03 AC |
| Property Type | Land | No. Stories | 1 |
| Price | $6,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 15.03 AC |
| No. Stories | 1 |
1 Lot Available
Lot
| Price | $6,500,000 | Lot Size | 15.03 AC |
| Price Per AC | $432,468.40 |
| Price | $6,500,000 |
| Price Per AC | $432,468.40 |
| Lot Size | 15.03 AC |
The property sits along one of the most prominent and rapidly growing corridors in the Texas Hill Country. US Highway 290 serves as a crucial artery supporting commercial activity and residential life from Austin to the Texas Hill Country.
Description
PRIME COMMERCIAL OPPORTUNITY. Rarely does a commercial opportunity of this caliber come to market. Situated along the high-traffic US Highway 290 corridor in Dripping Springs, Texas: one of the fastest-growing communities in the United States. This 15± acre tract represents a generational investment in one of the most sought-after growth markets in the country. Currently home to the Dripping Springs Country Club, the property is fully operational & income-producing while offering extraordinary potential for redevelopment, mixed-use, or large-scale commercial projects. This property benefits from explosive population growth, rising household incomes, & surging demand for retail, dining, entertainment, & mixed-use development. The immediate trade area is experiencing transformational change, w/ major national retailers planting flags in the submarket. A new Target store is under construction just down the road, a powerful signal of the area's demographic strength & retail demand. Where Target goes, other national & regional tenants follow, making this an ideal time to secure a premier development site before land values climb further. This property is a developer's dream. The scale & location provides flexibility to accommodate a single-tenant anchor, a multi-tenant development, or a phased mixed-use project designed to serve the rapidly expanding local population. Dripping Springs is no longer a hidden gem, it is a destination. Known as the "Gateway to the Hill Country," this community has attracted affluent residents, young families, & businesses relocating from the greater Austin metro. With top-rated schools, a vibrant local culture, & proximity to Austin's tech economy, Dripping Springs commands premium real estate values that continue to rise. US Highway 290 traffic volumes are projected to double by 2045, cementing this corridor's role as one of Central Texas's most important commercial arteries for decades to come.
Property Taxes
| Parcel Number | R15088 | Improvements Assessment | $313,570 |
| Land Assessment | $423,410 | Total Assessment | $736,980 |
Property Taxes
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3000 W Hwy 290 - 15+/- Acres: PRIME COMMERCIAL OPPORTUNITY
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