3980 Highway 290 Hwy - Commercial LAND FOR SALE


Dripping Springs, TX 78620- Hill Country195,380 SF
$1,600,000 USD
512-921-5220
3980 Highway 290 Hwy, Dripping Springs, TX for Sale
$1,600,000 USD
Commercial LAND - FOR SALE
1/5
195,380 SF

3980 Highway 290 Hwy
Dripping Springs, TX 78620
Hill Country


HIGHLIGHTS

  • Shovel-ready: ~20,000 SF approved commercial; 21-sheet civil plan set complete (Flake Engineering, Jan 2025)
  • Direct US 290 frontage in Dripping Springs — 49,000+ VPD current, 84,700+ VPD projected by 2040
  • WTCPUA water — 5 LUEs reserved; OSSF septic design complete; TxDOT driveway permit #24-44660

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/ACRE

$356,720/AC

PRICE/SF

$8 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Office, Retail Warehouse, Warehouse

LAND ACRES

4.49 AC

LAND SF

195,380 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

Dripping Springs ETJ.

APN/PARCEL ID

R44807

ASK ABOUT THIS PROPERTY

Steven OwenSCORE Property Group | Compass CommercialMore Info
512-921-5220

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Steven OwenSCORE Property Group | Compass CommercialMore Info
512-921-5220

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