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Unit 102 451 Farrell Rd 5,940 SF 54% Leased Flex Building Dripping Springs, TX 78620 $1,485,000 ($250/SF)



Investment Highlights
- Newly developed gated flex industrial park with secure access and concrete roadways.
- Electrical infrastructure includes 200-amp service, expandable to 400 amps.
- Three large 14’ x 12’ roll-up doors designed for optimal loading, unloading, and workflow.
- Location provides direct access to Hwy 290 with connectivity to Austin, San Antonio, and the Hill Country.
Executive Summary
Introducing a rare opportunity to own a brand-new, high-quality flex space in one of Central Texas’ fastest-growing markets. This thoughtfully designed building features 5940 square feet of space, with the building intentionally designed to be split into two units—creating a unique opportunity for an owner-user to occupy one side while generating income from the other. Built with both form and function in mind, the property boasts 14’ x 12’ glass roll-up doors for seamless access and operational efficiency. The interior is framed out and ready for finish-out, allowing you to tailor the space to your specific operational needs. Two bathrooms—one in each suite—provide added convenience and flexibility for multi-tenant or multi-use configurations. From the mezzanine, enjoy sweeping Hill Country views that elevate the workspace experience and add a rare aesthetic component to an industrial setting. With 200-amp electrical service already in place and the ability to easily upgrade to 400 amps, the property is well-positioned for future growth and expansion.
New Flex Industrial Development Right off Hwy 290 W in Dripping Springs, TX– Prime Investment & Owner Occupant Opportunity!
Units starting at $250/FT! High End 6000 SF building available June 2026. Introducing a premier new flex industrial development in Hays County, TX, featuring nine buildings totaling +/-40,000 SF on a fully fenced and gated 4-acre site. This state-of-the-art development offers a low tax rate, a rainwater collection system, and fully air-conditioned units, all set against the stunning backdrop of Hill Country views. The property is designed for efficiency with concrete roads and high-quality construction, making it ideal for a variety of industrial and commercial uses. Location in the path of progress!
Available Units & Pricing:
Unit 102 - 5940 SF available
For Sale: $1,485,000 | For Lease: $15/SF + NNN
2 Suites Available
Available: NOW
This high-quality industrial park provides modern, flexible spaces with excellent access and prime investment opportunities. Secure your spot today in this sought-after low-tax business hub.
For more details or to schedule a tour, contact us today!
Location Description
Amazing location in Southwest Austin off Hwy 290. Easy access to Austin or San Antonio. In the Heart of Dripping Springs.
Set within a secure, gated development, this flex space is ideal for a wide range of users—automotive, trades, logistics, storage, light manufacturing, or hybrid office/warehouse concepts. With strong market demand and limited supply in the Dripping Springs area, this is a compelling opportunity for both owner-users and investors. Nestled between Dripping Springs and Henly, with effortless access to Austin, Johnson City, Blanco, and the greater Hill Country, the location delivers both convenience and long-term upside in a rapidly developing corridor.
New Flex Industrial Development Right off Hwy 290 W in Dripping Springs, TX– Prime Investment & Owner Occupant Opportunity!
Units starting at $250/FT! High End 6000 SF building available June 2026. Introducing a premier new flex industrial development in Hays County, TX, featuring nine buildings totaling +/-40,000 SF on a fully fenced and gated 4-acre site. This state-of-the-art development offers a low tax rate, a rainwater collection system, and fully air-conditioned units, all set against the stunning backdrop of Hill Country views. The property is designed for efficiency with concrete roads and high-quality construction, making it ideal for a variety of industrial and commercial uses. Location in the path of progress!
Available Units & Pricing:
Unit 102 - 5940 SF available
For Sale: $1,485,000 | For Lease: $15/SF + NNN
2 Suites Available
Available: NOW
This high-quality industrial park provides modern, flexible spaces with excellent access and prime investment opportunities. Secure your spot today in this sought-after low-tax business hub.
For more details or to schedule a tour, contact us today!
Location Description
Amazing location in Southwest Austin off Hwy 290. Easy access to Austin or San Antonio. In the Heart of Dripping Springs.
Set within a secure, gated development, this flex space is ideal for a wide range of users—automotive, trades, logistics, storage, light manufacturing, or hybrid office/warehouse concepts. With strong market demand and limited supply in the Dripping Springs area, this is a compelling opportunity for both owner-users and investors. Nestled between Dripping Springs and Henly, with effortless access to Austin, Johnson City, Blanco, and the greater Hill Country, the location delivers both convenience and long-term upside in a rapidly developing corridor.
Property Facts
Amenities
- 24 Hour Access
- Monument Signage
- Air Conditioning
- Balcony
Utilities
- Lighting
- Water - Well
- Sewer - Septic Field
- Heating - Electric
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Available now. New construction
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - 102 | 2,720 SF | Flex | Full Build-Out | Now |
1st Fl - 102
| Size |
| 2,720 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Photos
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Street
Map
1st Fl - 102
| Size | 2,720 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | Now |
Available now. New construction
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Unit 102 | 451 Farrell Rd
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