TBD W FM150

Driftwood, TX 78619 · Hays County

$7,000,000Price
2,243,340Sq. Ft.
$3/ Sq. Ft.
TBD W FM150
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▶ Virtual Tour

Description

Truly exceptional 51.5+/- acre opportunity five minutes from downtown Dripping Springs. This unrestricted tract offers excellent road frontage, strong topography, and outstanding versatility, ideal for commercial, residential (single or multi-family), or mixed-use development. With multiple prime building sites and gently rolling terrain, the property provides flexibility for a wide range of development concepts or a private estate. The expansive acreage allows for potential subdivision into smaller parcels, making it a compelling investment for developers or long-term holders. The land is dotted with mature oak trees and hardwoods, offering both natural beauty and functional shade, with ample room for horses or agricultural use. Currently AG-exempt for low taxes, the property also benefits from key infrastructure advantages: potential access to Phase 3 of the City of Dripping Springs sewer line, which extends to the Northeast property boundary, and city water located directly across the street. LUEs will convey with the property (see agent for details). Located in one of the fastest-growing corridors between Austin and Dripping Springs, this property presents a rare opportunity to acquire a large, unrestricted tract with strong development fundamentals and long-term upside. Information provided is deemed reliable but not guaranteed. Buyer and Buyer’s Agent to independently verify all information including measurements, zoning, utilities, schools, and taxes.

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT220824979
Taxes$34 (2025) / year
TypeCommercial Sale
Living Area2,243,340 Sq. Ft.
Lot Size51.50 AC / 2,243,340 SF
CountyHays
SubdivisionTHOMAS R JACKSON SURVEY

Property Information

Parking

None

Directions: From Dripping Springs head South on RR12 to the intersection of FM150. Continue on FM150 for 1.75 miles and the property will be on the right side of the road right after the big bend in FM150.

Location

Property History

DateEventPrice
Mar 9, 2026 Listed (Active) · MLS# ACT220824979 $7,000,000

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Tax Record 2025$34
Total Sq. Ft.2,243,340
Total Sq. Ft.2,243,340
Lot Size2,243,340 Sq. Ft.
StyleCommercial Sale
CountyHAYS
MLS #ACT220824979
$7,000,000
TBD W FM150, Driftwood, TX

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Payment Estimate

Estimated monthly payment
Principal & Interest
Property Taxes

For illustrative purposes only. Contact a lender for accurate figures.