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Keenan Group#1 Austin Board of Realtors Team 2024
2350 & 2400 W Highway 290, photo 1 of 2, Dripping Springs, Dripping Springs, TX
Active

$1,550,000

0Beds
4.22 acresLot

2350 & 2400 W Highway 290, Dripping Springs, TX 78620

Reduced 23%$2,000,000
Dripping Springs·MLS# 1213495·987 days on market

— bed, — bath on 4.22 acres in Dripping Springs. Dripping Springs, TX 78620. $1,550,000.

About This Home

Premier commercial opportunities along Highway 290 in Dripping Springs are becoming increasingly rare. Spanning approximately 4.22 acres with highly desirable CS zoning, this exceptional development site offers outstanding frontage, visibility, and accessibility in one of the fastest-growing commercial corridors in Central Texas. Strategically positioned between Flores Mexican Restaurant and Deep Eddy Vodka Distillery, the property is surrounded by established businesses, destination attractions, and continued residential growth, creating an ideal location for a wide variety of commercial uses. City water is available, a TxDOT-approved driveway is already in place, and the site's flexible zoning allows for numerous development opportunities including restaurants, retail, medical, professional office, automotive, convenience retail, mixed-use concepts, office condominiums, flex space, and other commercial ventures. Whether you're an owner-user looking to establish a flagship location, a developer seeking one of Dripping Springs' most desirable commercial sites, or an investor capitalizing on the continued expansion of the Highway 290 corridor, this property offers exceptional long-term potential in a market where developable commercial land continues to become increasingly limited. Rarely does a site combine premier Highway 290 frontage, CS zoning, approved access, and such a central location in the heart of Dripping Springs. This is an opportunity to establish your business—or your next development—in one of the Hill Country's most dynamic commercial markets.

Property Type
Commercial Sale
Lot Size
4.22 acres

Listing information last updated August 6, 2026.

Listed by Friedman Real Estate, Inc.

MLS# 1213495 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 4.22-acre lot
Premier commercial opportunities along Highway 290 in Dripping Springs are becoming increasingly rare

Facts & Features

Exterior & Lot
Lot Size
4.22 Acres

Parking

  • On Site
Financial
Original List Price
$2,000,000
Utilities
  • Water Available
Water Source
Public
Sewer
Septic Needed,See Remarks

Transaction History

1 record on file

Every recorded listing, sale, and lease at 2350 & 2400 W Highway 290, whoever represented it.

  1. ActiveListed 2024
    Current price: $1,550,000Original list: $2,000,000MLS 1213495

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.

View Timeline
Current list
$1,550,000
Original list
$2,000,000
Price movement
$450K reduction
Listed / DOM
Feb 1, 2024 · 987 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$741,920
Assessment Year
2025
Parcel ID
11-8576-0000-00100-4
YearTaxesTotal AssessmentLandAdditions
2025
—$741,920$741,920—
Map showing 2350 & 2400 W Highway 290
2350 & 2400 W Highway 290
Directions
Principal & interest
$8,586

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($310K)

Adjustable assumption - not a lending recommendation.

$1,550,000

Loan: $1.2M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.

List price

$1,550,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

987 days

Original to current

$450K reduction

$2M 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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Homes sold by Keenan Group.

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Frequently Asked Questions

How much is 2350 & 2400 W Highway 290?

2350 & 2400 W Highway 290 is listed at $1,550,000 with 0 bedrooms, 4.22-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $600,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What are the property details for 2350 & 2400 W Highway 290?

2350 & 2400 W Highway 290 is a Commercial Sale featuring 0 bedrooms, 4.22-acre lot.

How should a buyer estimate the monthly payment for 2350 & 2400 W Highway 290?

This page does not assume a mortgage rate or publish a monthly payment for 2350 & 2400 W Highway 290. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 2350 & 2400 W Highway 290 compare with other homes in Dripping Springs?

As of Oct 15, 2026, 2350 & 2400 W Highway 290 is offered at $1,550,000. The current MLS snapshot shows 233 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.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Dripping Springs

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 9:42:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 9:42:06 AM

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