23351 Fm 150, Driftwood, TX 78619

$1,499,900

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List Price
$1,499,900
Status
ACTIVE
MLS#
5609635
Days on Market
18
Lot Size
87,250
Area
Dripping Springs/Wimberley, Kyle/Buda/San Marcos

Property Description

Strategic commercial or mixed-use opportunity approximately one minute from downtown Dripping Springs, offering prominent FM 150 frontage in a growing Central Texas corridor. Set on 2 level, usable acres, the property includes city water, an oversized septic system, public-road access, mature trees, patios, and garden areas. Existing improvements offer a flexible foundation for an owner-user, investor, or hospitality operator. Previously operated as a bed-and-breakfast and event venue, the property includes approximately 6,000+ square feet across two structures. The renovated main building offers four bedrooms and four full baths. A converted historic barn features three additional bedrooms, three full baths, a separate kitchen and living area, and an expansive central hall suitable for receptions, conferences, dining, training, or large gatherings. Seven private bedroom-and-bath suites offer possibilities for boutique lodging, professional offices, wellness or therapy suites, short-term accommodations, or live-work use. The gathering areas, patios, and landscaped grounds may also support an event venue, corporate retreat center, restaurant or café, creative studios, or multi-tenant professional space. High-visibility frontage provides valuable business exposure, while the acreage offers potential for additional parking, outdoor gathering areas, or future improvements. With existing infrastructure, versatile improvements, and close proximity to downtown Dripping Springs, this is a compelling opportunity in the Driftwood–Dripping Springs corridor. Buyer and Buyer’s Agent are responsible for conducting all due diligence and independently verifying all information, including property condition, square footage, zoning, permitted uses, development regulations, occupancy and capacity requirements, licenses, permits, taxes, utilities, septic capacity, parking requirements, and feasibility of any proposed commercial, residential, hospitality, or mixed-use operation.

Additional Information

Taxes
$20,830
Tax Year
2025
Year Built
1922
Parking Spaces
6
Construction
Vinyl Siding
Region
Dripping Springs/Wimberley, Kyle/Buda/San Marcos
Sewer
Septic Tank
Street Name
Fm 150
Street Number
23351
Neighborhood
Howard Sub
Water
See Remarks, Public
Acres
2.00
County
Hays
Floor
Tile, Wood
Heating
Central, Fireplace(s), Heat Pump

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Listing courtesy of Coffman Real Estate. Contact: (512) 894-4043

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