
— bed, — bath on 1.73 acres in Dripping Springs. Dripping Springs, TX 78620. $1,600,000.
Construction Office / Warehouse and Yard. 1.73 Acres, frontage on S. Canyonwood and Patriots Hall Blvd. NO zoning, in Dripping Springs ETJ. 4000 sq Office/ Warehouse with 16x16 OH Door. Excellent location convenient to Austin, Bee Cave, Wimberley and Dripping Springs. Strict Appointment Only. Seller occupies with his current business, will need a short lease back after closing .
The 1.733-acre property at 179 South Canyonwood Drive in Dripping Springs offers a rare combination of operational privacy and strategic positioning in one of the fastest-growing corridors between Austin and the Texas Hill Country. Built in 2019, this construction office and warehouse facility sits on unzoned land within the Dripping Springs extraterritorial jurisdiction, providing flexibility that's increasingly difficult to find in the greater Austin market.
The structure itself spans 4,000 square feet and combines office and warehouse functions with concrete flooring and metal siding designed for durability and low maintenance. A 16-foot by 16-foot overhead door serves the warehouse section, enabling efficient equipment and material flow. This straightforward construction reflects the practical mindset of the current owner, who has operated his own business from the site since completion, a fact that speaks to the property's proven operational viability.
Location matters significantly here. The dual frontage on South Canyonwood Drive and Patriots Hall Boulevard positions the property at a convergence point that serves Dripping Springs proper, Bee Cave, and Wimberley while maintaining convenient access to Austin employment centers. This geography appeals to contractors, trades professionals, and small manufacturers seeking workspace outside Austin's city limits without sacrificing proximity to the market.
The unzoned status in the Dripping Springs ETJ eliminates the restrictive classification that often limits commercial property use. Unlike many industrial properties in incorporated areas, 179 South Canyonwood operates under fewer use restrictions, making it adaptable to different operational models. The current owner's willingness to consider a short lease-back arrangement post-closing further demonstrates the property's flexibility for an incoming operator.
For buyers seeking genuine commercial utility rather than speculative real estate, this property delivers. The 1.733-acre lot provides yard space for equipment storage, material staging, or future expansion without the premium pricing attached to more visible commercial zones. The construction quality and building configuration require minimal retrofitting for most operational use cases.
This is industrial real estate for people who work in it, not investors looking for passive value. The next owner will inherit a functioning workspace in a location where land remains relatively unrestricted and Austin expansion is still years away.
Verified property facts
179 S Canyonwood DR is listed at $1,600,000 with 0 bedrooms, 1.73-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $867,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 1, 2026).
179 S Canyonwood DR is a Commercial Sale built in 2019 featuring 0 bedrooms, 1.73-acre lot.
179 S Canyonwood DR is listed by Burt Dement Real Estate LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 2, 2026.
The most recent annual property tax for 179 S Canyonwood DR is $24,444. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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1 record on file
Every recorded listing, sale, and lease at 179 S Canyonwood DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $1,494,730 | $1,218,390 | $276,340 |
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. Ratings from GreatSchools.org.
20% ($320K)
Adjustable assumption - not a lending recommendation.
$1,600,000
Luxury property intelligence
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List price
$1,600,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
112 days
Original to current
No verified reduction
$1.6M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 2, 2026.
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District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
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This page does not assume a mortgage rate or publish a monthly payment for 179 S Canyonwood DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 2, 2026, 179 S Canyonwood DR is offered at $1,600,000. The current MLS snapshot shows 223 active listings in 78620. Keenan Group has completed 15 verified transactions in 78620 within its 1,000+ completed transactions and $1B+ career volume across Austin.
179 S Canyonwood DR was built in 2019, making it 7 years old with relatively recent construction.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
1 event on record
Current Price
$1,600,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $1,494,730 | $1,218,390 | $276,340 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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