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TBD Ranch to Market Road 150 Rd - Truly exceptional 51.5+/- acre opportunity 51.5 Acres of Commercial Land Offered at $7,000,000 in Driftwood, TX 78619
Investment Highlights
- Unrestricted Acreage
- Mixed-use Flexibility
- Prime frontage access
Executive Summary
advantages include 85 LUEs conveying, proximity to the City Phase 3 wastewater expansion, and
municipal water across FM 150. The development vision supports 30–40 attainable cottage-style condo
homes with boutique commercial pads along the roadway.
Unrestricted acreage • Prime frontage • Utility momentum • Strong DSISD-driven residential demand • Mixed-use flexibility
Utility availability is one of the most critical constraints in the Dripping Springs market. This property
benefits from the conveyance of 85 LUEs, wastewater expansion momentum through Phase 3
infrastructure, and city water accessibility across FM 150. These factors enhance feasibility and reduce
entitlement risk for a future PDD.
Property Facts
| Price | $7,000,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 51.50 AC |
| Price | $7,000,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 51.50 AC |
1 Lot Available
Lot
| Price | $7,000,000 | Lot Size | 51.50 AC |
| Price Per AC | $135,922.33 |
| Price | $7,000,000 |
| Price Per AC | $135,922.33 |
| Lot Size | 51.50 AC |
A0009 THOMAS R JACKSON SURVEY, TRACT PT 2, ACRES 12.5, (AKA PT OF TR 6), ABS 9 THOMAS R JACKSON SURVEY 15.00 AC GEO#90400119, A0009 THOMAS R JACKSON SURVEY, AKA TRACT 5, ACRES 24.00
Description
Truly exceptional 51.5+/- acre opportunity five minutes from downtown Dripping Springs. This unrestricted tract offers excellent road frontage, strong topography, and outstanding versatility, ideal for commercial, residential (single or multi-family), or mixed-use development. With multiple prime building sites and gently rolling terrain, the property provides flexibility for a wide range of development concepts or a private estate. The expansive acreage allows for potential subdivision into smaller parcels, making it a compelling investment for developers or long-term holders. The land is dotted with mature oak trees and hardwoods, offering both natural beauty and functional shade, with ample room for horses or agricultural use. Currently AG-exempt for low taxes, the property also benefits from key infrastructure advantages: potential access to Phase 3 of the City of Dripping Springs sewer line, which extends to the Northeast property boundary, and city water located directly across the street. LUEs will convey with the property (see agent for details). Located in one of the fastest-growing corridors between Austin and Dripping Springs, this property presents a rare opportunity to acquire a large, unrestricted tract with strong development fundamentals and long-term upside. Information provided is deemed reliable but not guaranteed. Buyer and Buyer’s Agent to independently verify all information including measurements, zoning, utilities, schools, and taxes.
Property Taxes
| Parcel Number | R124483 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,050 |
Property Taxes
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TBD Ranch to Market Road 150 Rd - Truly exceptional 51.5+/- acre opportunity
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