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- LoopNet Team
519 Old Fitzhugh Rd
Dripping Springs, TX 78620
Land For Sale
·
2.91 AC
INVESTMENT HIGHLIGHTS
- Prime for development
- Heavy traffic area
PROPERTY FACTS
DESCRIPTION
Prime for commercial development. This property is sat on one of the most charming streets in the fastest growing community in Central Texas. The City of Dripping Springs has put a Historic Overlay over downtown Dripping to help preserve the vintage appeal and also allow for commercial development such as restaurants, office condos, and multifamily to come in and add to the vintage charm. City plans to add large sidewalks, lots of lighting, and more to make the area more foot traffic/mixed use friendly, similar to areas of downtown Austin such as South Congress. The lot features rare city sewer along with several other unique attributes. There is a small house on site that could be fixed up for office use if desired. Future site for mass production development known as the Heritage Tract is currently in the works behind the property.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $75,910 | |
| Land Assessment | $1,076,800 | Total Assessment | $1,152,710 |
PROPERTY TAXES
