This exceptional 19.97-acre, unrestricted property in Dripping Springsthe Gateway to the Hill Countryrepresents 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.
| MLS # | 4004897 |
|---|---|
| Listing Type | For Sale |
| Style | See Remarks |
| Sub-Type | Resale |
| Status | Active |
| Year | 1989 |
| Days On Site | 82 |
| Listing Provided By | Compass RE Texas, LLC | Mauricio MacGregor |
| SQ Feet | 4,340 |
|---|---|
| Building(s) | 2 |
| Acreage | 19.97 |
| Property View | Hill Country |
| Cooling | Central Air |
|---|---|
| Heating | Central, Electric |
| Flooring | Tile, Wood |
| Foundation Details | Pillar/Post/Pier, Slab |
|---|---|
| Topography | Cleared, Level, Varied |
| Construction Materials | Brick Veneer |
| Parking Features | On Site |
|---|
| Utilities | Electricity Available, Phone Connected |
|---|---|
| Sewer | Septic Tank |
| List Aor | Austin Board Of Realtors |
|---|
| State | TX |
|---|---|
| County | Hays |
| City | Dripping Springs |
| Zip Code | 78620 |
| Area | HD |
| Community Name | E B Hargraves Surv |
| Listing VS Median (in E B Hargraves Surv) | |
Price: $5,300,000 low | high Med: $5,300,000 sqft: 4,340 low | high Med: 4,340 $ / sqft: $1,221 low | high Med: $1,221 On site: 82 low | high Med: 82 | |
| State | TX |
|---|---|
| County | Hays |
| City | Dripping Springs |
| Zip Code | 78620 |
| Area | HD |
| Community Name | E B Hargraves Surv |
| Listing VS Median (in E B Hargraves Surv) | |
Price: $5,300,000 low | high Med: $5,300,000 sqft: 4,340 low | high Med: 4,340 $ / sqft: $1,221 low | high Med: $1,221 On site: 82 low | high Med: 82 | |