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Key Facts

7.19Lot (acres)

$2,506,000

Active496 days on marketListed August 8, 2024

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Description

Excellent hard corner site at the intersection of RR 12 and DS Ranch Road. Great location for a combination of Retail and Office or Flex space. Property Zoned General Retail (GR) with all utilities at site. Property has 805 feet frontage on Ranch Road 12 & 567 feet on DS Ranch Road. Across the street from Dripping Springs Event Center. Across the street from Double L Ranch - 1677-acre master planned community in Dripping Springs. Drippings Hill has had tremendous population growth in the last 10 years with new subdivisions along RR 12 and US 290. * Buyer is to verify all information regarding zoning, permitted uses, utilities, etc.

Property Information

Property Type

Land

Lot Size

7.19 acres

Lot Dimensions

Rectangle (805*567)

Days on Market

496

MLS® Listing#

553334

Property Features

Fencing

OtherSee Remarks

Community

Other

Utilities

Electricity AvailableWater Available

Sewer

Public Sewer

Water Source

Public

Financial Details

HOA

Yes

Parcel Number

R132984

Directions

From US 290 head north on Ranch Road 12 till DS Ranch Road. Property is on the SW corner of RR 12 and DS Ranch Road.

Affordability Calculator

Home Price

Down Payment

$501,200

Interest Rate (%)

Loan Term

Estimated monthly payment

$13,338/mo

Principal $2,004,800 · Est. interest $2,796,874 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Dripping Springs, TX

$493,182
Median Listing Price: 80
Median Days on Market: 2,162
Median Sq Ft: $225
Median Price / Sq Ft: 615
Active Listings

This home’s price is 408% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Dripping Springs, TX.

Similar Homes Nearby

$1,950,000
5 beds · 5 baths · 2,978 sq ft
471 Turkey Drive, Dripping Springs, TX 78620
Single Family ResidenceActive
Listing courtesy of Keller Williams Realty - SW
$2,506,000
00 Ranch Road 12, Dripping Springs, TX 78620
Commercial SaleActive
Listing courtesy of Shrini Neshangi Broker
$2,850,000
3 beds · 4 baths · 8,580 sq ft
4001 Bell Springs Road, Dripping Springs, TX 78620
Single Family ResidenceActive
Listing courtesy of All City San Antonio Registere

Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
471 Turkey Drive, Dripping Springs, TX	$1,950,000	5	5	2,978
00 Ranch Road 12, Dripping Springs, TX	$2,506,000	—	—	—
4001 Bell Springs Road, Dripping Springs, TX	$2,850,000	3	4	8,580

Moving Cost Estimate

Listing Courtesy: Shrini Neshangi Broker - 5128509854

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