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- LoopNet Team
519 Old Fitzhugh Rd
Dripping Springs, TX 78620
Land For Sale
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2.91 AC
INVESTMENT HIGHLIGHTS
- Up and coming high traffic/ high commerce area
- Lots of development potential
- Most of lot is essentially a blank slate
PROPERTY FACTS
DESCRIPTION
Incredible opportunity for commercial development just a short walk from the heart of historic downtown Dripping Springs, one of the fastest growing communities in Central Texas. With the revitalization plan of the Old Fitzhugh/Mercer corridor the city projects to start in 2025, this property is at the forefront of what is sure to soon become some of the most sought after real estate in Dripping. The lot is a total of 2.9 acres boasting huge oak trees and native grasses. It is currently zoned Commercial-LR and on city water and waste water with 2 LUE’s. Flood plain study and Certificate of Appropriateness from Historic Preservation Commission have recently been completed for the development of a tasting room and/or restaurant. The possibilities are endless on this stunning tract of land in downtown Dripping Springs.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $75,910 | |
| Land Assessment | $1,076,800 | Total Assessment | $1,152,710 |
PROPERTY TAXES
