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Justin Cofield

justin@justincofield.com +1(512) 971-0157

$ 599,000

Est. payment -/mo

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Active Under Contract

427 Creek RD Dripping Springs, TX 78620

2.04 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type See Remarks

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision C Jones Sub

MLS Listing ID 1522876

Tax Year 2021

Lot Size 2.040 Acres

Acres 2.04

Property Sub-Type See Remarks

Source actris

Property Description

Located in the heart of Dripping Springs, this 2+ acre property offers a truly unique opportunity to own a tract in the middle of town—something that is becoming increasingly hard to find. Tucked along one of the most desirable and convenient streets in the city, this property blends privacy, flexibility, and in-town living. Currently zoned SF-4, the site allows for a personal residence today, making it ideal for those looking to build a custom home while enjoying the benefits of living inside Dripping Springs city limits. Create your dream estate, design a live/work concept, or establish a private compound with room to grow—all while being just minutes from schools, shopping, dining, and daily conveniences. For investors and developers, the upside is compelling. The seller is actively pursuing a zoning change to multifamily, opening the door to the potential for multiple units and long-term income-producing opportunities. Build multiple doors for investment, design a mixed live/work concept, or develop a small multifamily community in one of the fastest-growing markets in Central Texas. With its prime in-town location and strong future development potential, this property is also well-suited for select commercial uses such as boutique retail or office (subject to zoning approval). Opportunities like this—offering acreage, flexibility, and location all in one—are exceptionally rare within Dripping Springs and position the next owner to capitalize on both lifestyle and investment potential.

Location

State TX

County Hays

Area Hd

Interior

Heating None

Cooling None

Fireplace N

Exterior

Utilities Available Electricity Connected, Water Connected, See Remarks

View None

Total Parking Spaces 100

Private Pool No

Building

Sewer See Remarks

Water Public, See Remarks

Structure Type Other

New Construction No

Others

Restrictions See Remarks

Acceptable Financing See Remarks

Tax Rate 1.9973

Listing Terms See Remarks

Special Listing Condition Standard

Listed by Friedman Real Estate, Inc. • Josh Friedman

NEARBY SCHOOL & BUSINESS

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Justin Cofield

Agent | License ID: 701768

+1(512) 971-0157

justin@justincofield.com

ownalittlepieceoftexas.com

13003 South Madrone Trail, Austin, Texas, 78737, United States