23351 Ranch to Market 150 rd - Residential Income FOR SALE


Driftwood, TX 78619
$1,599,900 USD
512-894-4043
23351 Ranch to Market 150 rd, Driftwood, TX for Sale
$1,599,900 USD
Residential Income - FOR SALE
1/45
null | Request Cap Rate

NEW


23351 Ranch to Market 150 rd
Driftwood, TX 78619


HIGHLIGHTS

  • FM 150 Frontage with high visibility
  • Historical
  • Gated with off street parking

OVERVIEW

Prime opportunity just one minute from downtown Dripping Springs with high-visibility FM 150 frontage in the heart of one of Central Texas’ most dynamic growth corridors. Positioned on 2 level, usable acres with city water and an oversized septic system in place, this property offers the infrastructure and exposure ideal for immediate hospitality, event, office, or mixed-use commercial conversion. Previously operated as a successful bed and breakfast and event venue, the site is already optimized for income-producing operations. Its flexible configuration supports a wide range of concepts including a wedding/event venue, corporate retreat center, wellness facility, restaurant or cafe, boutique lodging, professional office suites with shared conference space, creative studio collective, or live/work development. Mature trees, multiple patios, and garden areas create natural settings for outdoor ceremonies, patio dining, event installations, and expanded gathering areas, while strong FM 150 traffic exposure and public road access enhance long-term visibility. With ample room for potential parking expansion, the site offers rare turnkey potential within the booming Driftwood/Dripping Springs corridor. The estate includes two substantial structures approximately 6,000+ sq ft: fully renovated 4 bedroom, 4 bath main building and converted historic barn guest hall featuring 3 bedrooms, 3 full baths, separate kitchen and living area, and expansive central hall designed for receptions, conferences, dining service, or large-scale gatherings. Each of the seven bedrooms includes a private full bath, allowing seamless conversion to executive offices, private therapy suites, short-term rental accommodations, or boutique hospitality units. *Buyer and Buyer's Agent are responsible for conducting all due diligence and verifying all information, including but not limited to: property condition, zoning, permits, taxes, capacity regulations, utility access and square footage.*

FOR SALE DETAILS

PRICE

$1,599,900 USD

PRICE/SF

$300 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

This amazing oasis has it all!

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

Commercial, Residential

APN/PARCEL ID

R105740

ASK ABOUT THIS PROPERTY

Jeff CoffmanCoffman Real EstateMore Info
512-894-4043

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Jeff CoffmanCoffman Real EstateMore Info
512-894-4043

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.