Property Attributes
- MLS#4004897
- TypeCommercial
- Listing Status Active
- CountyHAYS
- CityDripping Springs
- AreaHD
- NeighborhoodE B Hargraves Surv
- Zip78620
- Style
- Year Built1989
- Taxes$ 15400
- Price$ 5,300,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4340
- Lot Size19.97 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description
This exceptional 19.97-acre, unrestricted property in Dripping Springs—the Gateway to the Hill Country—represents a premier investment opportunity in one of Texas’ fastest-growing markets. Perfectly positioned within a high-demand corridor for commercial and tourism development, this site is ideally suited for a luxury wedding venue, boutique winery, resort, or destination event space. The property features significant existing infrastructure, including a 4-bedroom/3.5-bath main residence, a 1-bedroom/1-bath guest house, a pool, a hot tub, and an 18-basket disc golf course, providing immediate potential for rental or event-based revenue. With no HOA and versatile zoning, the land accommodates a wide range of uses, from ranch-style agriculture to farm-to-table commercial concepts. The property offers a picturesque setting with rolling hills, mature trees, and a serene pond, all within close proximity to Austin. As Dripping Springs continues to see a surge in population growth, high household incomes, and robust tourism, this multi-use asset offers significant upside for investors and developers. Properties offering this level of scale, flexibility, and prime location are rare; this is a unique opportunity to secure a flagship project in a thriving market.
| Price History | |
|---|---|
| 6/9/2026 | Listed $5,300,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air |
| Utilities | Electricity Available,Phone Connected |
| Construction Materials | Brick Veneer |
| Year Built | 1989 |
| View | Hill Country |
| Topography | Cleared,Level,Varied |
| Property Subtype | See Remarks |
| Tax Year | 2024 |
| Current Use | Office,Residential |
| Accessibility | None |
| County | Hays |
| Operating Expense | 5000 |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | E B Hargraves Surv |
| Building Features | Conference Room,Living Area,Private Restrooms,Receptions Room |
| Other Structures | Barn(s),Outbuilding,Second Residence,Shed(s),Workshop |
| Status | Active |
| Directions | If heading from Austin,turn left(south) onto Longhorn,off of Hwy 290. Just across the highway from Wilson Appliance. |
| City | Dripping Springs |
| Disclosures | Seller Disclosure |
| MLS Area | HD |
| Lot Size Square Feet | 869893.2 |
| Property Condition | Resale |
| Additional Parcels Y/N | No |
| Leasable Area | 15 |
| Lease Type | None |
| Standard Status | Active |
| Virtual Tour | https://my.homediary.com/485500 |
Interior Features
| Flooring | Tile,Wood |
|---|---|
| Total Stories | 1 |
Exterior Features
| Parking Features | On Site |
|---|---|
| Water Source | Well |
| Total Parking | 40 |
| Foundation Details | Pillar/Post/Pier,Slab |
| Number of Buildings | 2 |
| Building Area Total | 4340 |
| Lot Size Acres | 19.97 |
| Road Surface Type | Asphalt,Caliche |
| Lot Size Source | Public Records |
| Waterfront Y/N | No |
| Other Equipment | None |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating