3980 US Highway 290 — a fully entitled, shovel-ready 4.43-acre commercial site with direct US 290 frontage in Dripping Springs, Texas. Approved development program is ~20,000 SF across four ~5,000 SF buildings, per a 21-sheet civil plan set by Flake Engineering, PLLC (Project #025-003, January 2025).
Entitlements transferring with sale include: approved site plan (4 buildings, ~20,000 SF), complete civil construction plans, architectural concept plans and renderings, TxDOT driveway permit #24-44660 (36' commercial driveway, 25' radii), executed and recorded drainage easement, WTCPUA water service commitment for 5 LUEs reserved, OSSF (on-site septic) design sized for the approved program, geotechnical report by Alliance Geotechnical, and boundary survey of Lot 25 (4.425 acres) by Allstar.
Jurisdiction: City of Dripping Springs ETJ — Commercial Use. No city zoning applies; the site is governed by Hays County and Dripping Springs ETJ standards. TCEQ jurisdiction applies; WPAP status to be confirmed by buyer.
Location: US 290 is the primary artery from downtown Austin to Dripping Springs and the Texas Hill Country. Current traffic volumes are 49,000+ VPD, with TxDOT's 2040 Transportation Master Plan forecast at 84,700+ VPD. The site sits ~2 miles east of Belterra Village — the dominant retail node on the corridor, anchored by H-E-B and 50+ national and regional tenants. TxDOT's ~$741M US 290 Oak Hill Parkway project will convert 290 to a limited-access freeway with grade-separated interchanges.
Demographics (2024, 3-mile radius): population 16,828 (13.2% growth 2020–2024); average household income $178,180; median household income $142,802. 7-mile annual consumer expenditures of $4.26B.
Asking price: $1,600,000 ($361,174/acre, $8.30/land SF).
Buyer to conduct independent verification of all entitlements, permits, and utility commitments. Seller makes no warranty as to transferability of individual permits.
Offered exclusively by Steven Owen, SCORE Property Group · Compass — 512-921-5220 · steven.owen@compass.com.