Description
501 Limestone Ln offers 6.61 acres in the heart of Driftwood, TX, surrounded by Hill Country wineries, wedding venues, and attractions. Currently improved as a residential homestead, this tract provides flexibility for future use with strong potential for a private estate, family compound, or commercial conversion. Located just 30 minutes from Downtown Austin and minutes from Dripping Springs and Wimberley, the property combines lifestyle appeal with long-term investment upside. Acreage is divisible into 2-acre portions, creating multiple exit strategies for developers, investors, or owner-users seeking land in a high-growth corridor.
Property Details
| Status | Active |
| MLS # | ACT207493498 |
| Taxes | $7,851 (2024) / year |
| Type | Commercial Sale |
| Year Built | 1975 |
| Living Area | 2,000 Sq. Ft. |
| Lot Size | 6.61 AC / 288,105 SF |
| County | Hays |
| Subdivision | Rolling Oaks Sec 2 |
Property Information
Parking
Directions: From Austin, take US-290 W toward Dripping Springs. Turn left on RR-12 and continue south toward Wimberley. Turn left onto FM-150, then right on Elder Hill Rd. Turn left onto Limestone Ln. Property will be on the right.
Location
Property History
| Date | Event | Price |
|---|---|---|
| Feb 15, 2026 | Listed (Active) · MLS# ACT207493498 | $600,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Total Sq. Ft. | 2,000 |
| Lot Size | 288,105 Sq. Ft. |
| Style | Commercial Sale |
| County | HAYS |
| MLS # | ACT207493498 |
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.