Driftwood, TX
Commercial Real Estate Market Trends & Data

$534 Avg asking sale price
$17 Avg asking lease rate
4,912 SF Avg unit lease size
4,773 SF Avg building size for sale

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Driftwood, TX

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Wimberley $285 6,115 SF 6.79%
Dripping Springs $384 5,255 SF 6.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Driftwood $240 3,500 SF
Wimberley $321 11,626 SF
Dripping Springs $426 5,295 SF
Manchaca $290 34,735 SF
Buda $292 18,243 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Buda $191 76,614 SF 3.64%
San Marcos $494 6,197 SF 3.58%
Austin $323 51,979 SF 9.52%
Canyon Lake $115 8,706 SF 10.00%

Commercial Properties For Sale in Driftwood

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Building 1

Austin, TX 78737

  • 7,000 SF Flex Building
  • $1,875,000
For Sale

1770 N Elder Hill Rd

Driftwood, TX 78619

  • 2,900 SF Specialty
  • $2,500,000
For Sale

20 Acres in Heart of Dripping Springs

Dripping Springs, TX 78620

  • 20 AC Lot
  • 1 Commercial Lot
  • $7,840,800
For Sale

Building 14

Austin, TX 78737

  • 5,000 SF Flex Building
  • $900,000
For Sale

1006 Frost Ave

Driftwood, TX 78619

  • 2,449 SF Office Building
  • $565,000
For Sale

$630,000 - 1.277 ACRES - GENERAL RETAIL

Dripping Springs, TX 78620

  • 1.28 AC Lot
  • 1 Commercial Lot
  • $598,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Driftwood pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Driftwood $534 4,773 SF
Wimberley $291 9,836 SF
Dripping Springs $398 9,089 SF
Manchaca $341 19,205 SF

Regional Demographic Comparison

This comparison places Driftwood alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Driftwood or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Wimberley 3,416 1,472 52 $93,277 2 303 27%
Woodcreek 2,078 966 52 $68,412 2 216 27%
Dripping Springs 12,506 4,427 43 $132,780 3 781 32%
Manchaca 10,684 4,511 39 $96,845 2 1,963 13%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Driftwood, TX and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Driftwood

View All Commercial Real Estate For Sale in Driftwood
Is Driftwood a good market for a first-time commercial real estate investor?

Driftwood offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Driftwood?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Driftwood. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Driftwood?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Driftwood. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Driftwood compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Driftwood. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Driftwood acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Driftwood, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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