— bed, — bath on 4.00 acres in Dripping Springs. Dripping Springs, TX 78620. $3,500,000.
About This Home
This 4-acre commercial property offers exceptional visibility and access with direct frontage on Hwy 290. Ideally located just down the road from the new H-E-B development, the site is positioned for high traffic exposure in a rapidly growing corridor. Zoned CS (Commercial Services) and served by City Water, this property presents a versatile opportunity for retail, office, mixed-use, or other commercial development. With strong surrounding growth, this is a premier opportunity for investors or developers looking to establish a presence in one of the Hill Country’s most active markets.
At $3.50 million, 000 US 290 Hwy stands out for one reason first: four acres of mixed-use commercial land with direct frontage on one of the busiest growth corridors in Central Texas. In Dripping Springs in Dripping Springs, this site puts a developer or investor on the US 290 line of travel where visibility, access, and future demand matter more than cosmetic pitch.
This is a Commercial Sale - Mixed Use offering in Dripping Springs, TX 78620, in Hays County, with 88 days on market and a listed year built of 2028. The practical story is simple. You are buying exposure on US 290, land scale that is increasingly hard to assemble, and positioning near the new H-E-B development that is already shaping traffic patterns and consumer habits in this part of Dripping Springs. For buyers tracking the westward path of Austin growth, that matters. US 290 is the spine that connects Dripping Springs to Southwest Austin, and it continues to pull retail, service, office, and mixed-use demand farther into the Hill Country.
Because building square footage is not listed, this is not a price-per-square-foot play in the usual sense. The value is in the land, the frontage, and the flexibility of a four-acre tract in a corridor where new rooftops, commuter traffic, and consumer spending are moving in the same direction. That makes 000 US 290 Hwy relevant for a range of uses, from neighborhood retail and office to a broader mixed-use concept, depending on final site planning and approvals.
The location also gives this property strong geographic context for future tenants and end users. It sits in the Dripping Springs market, where US 290 drives daily movement toward Austin and where nearby commercial nodes continue to expand around H-E-B and other growth-serving businesses. Buyers who know this corridor understand the advantage of being on a route that residents, visitors, and employers already use every day.
Schools are not listed for this property, which is consistent with a commercial mixed-use offering rather than a residential asset. What matters here is traffic, access, frontage, and the long-term economics of owning land in a supply-constrained stretch of Dripping Springs. For investors looking at the next phase of growth along US 290 in Hays County, 000 US 290 Hwy offers a clear path to future commercial relevance and lasting value.
The numbers behind this insight
- Offered at
- $3,500,000
- Listed
- November 10, 2025
- Price changes
- Reduced, down 7.9% from $3,800,000
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $737 per sq ft over the trailing 12 months (185 sales), as of October 21, 2026.
- Property Type
- Commercial Sale
- Year Built
- 2028
- Lot Size
- 4.00 acres
Listing information last updated August 25, 2026.
Listed by Stanberry REALTORS
MLS# 7269294 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 4.00 Acres
Financial
- Original List Price
- $3,800,000
Utilities
- Electricity Available
- Sewer Available
- Water Connected
- Water Source
- Public
Transaction History
1 record on file
Every recorded listing, sale, and lease at 000 US 290 Highway, whoever represented it.
- ActiveListed 2025Current price: $3,500,000Original list: $3,800,000MLS 7269294
- Price changed · February 6, 2026$3,500,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $3,500,000
- Original list
- $3,800,000
- Price movement
- $300K reduction
- Listed / DOM
- Nov 10, 2025 · 346 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $233,980
- Assessment Year
- 2025
- Parcel ID
- 10-0415-0149-00009-4
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $233,980 | $533,960 | — |
District Schools Nearby
Dripping Springs High School
Sycamore Springs Middle School
Rooster Springs Elementary
Cypress Springs Elementary
Sycamore Springs Elementary
Walnut Springs Elementary
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($700K)
Adjustable assumption - not a lending recommendation.
$3,500,000
Luxury property intelligence
Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$3,500,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
346 days
Original to current
$300K reduction
$3.8M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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