— 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.
CS zoning on 4.2212 acres with Highway 290 frontage is the defining advantage at 2350 & 2400 W Highway 290 in Dripping Springs, Dripping Springs, TX 78620. In a market where entitlement risk, access, and utility timing often decide whether a commercial site moves or stalls, this tract starts with the pieces buyers usually spend months trying to secure.
Priced at $1.55M, the property sits in Hays County on one of Dripping Springs' main commercial corridors, between Flores Mexican Restaurant and Deep Eddy Vodka Distillery. That matters because frontage is only as useful as the traffic pattern and surrounding draw, and this address already sits in an established consumer path rather than on a speculative edge. The site also benefits from access to city water and a TxDOT-approved driveway, with plans in hand, which reduces early development friction and gives a buyer clearer control over timing, cost, and site planning.
The commercial use case is broad because the zoning is broad. CS zoning is described here as the highest and best zoning in the city, which places this parcel in a different category than land that still needs a rezoning effort or a narrow use fit. For a buyer evaluating optionality, that translates into real leverage. A convenience store, flex park, or office condo concept can be assessed from day one with fewer unknowns than a site that still depends on municipal approvals. The corridor also supports a national retailer profile, including automotive repair, a use identified as a meaningful unmet need in this part of the market.
Days on market at 774 suggest this is not a commodity listing driven by residential-style urgency. It is a commercial site where the right buyer will focus on frontage, entitlement status, utility access, and the ability to move from concept to execution with fewer surprises. In Dripping Springs, that combination is what supports long-term value. For an investor, owner-user, or developer who wants scale on Highway 290 without starting from raw land constraints, this tract offers a direct path to a use that can stay relevant as the corridor continues to mature.
The numbers behind this insight
- Offered at
- $1,550,000
- Listed
- February 1, 2024
- Price changes
- Reduced, down 22.5% from $2,000,000
- 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
Facts & Features
Exterior & Lot
- Lot Size
- 4.22 Acres
- 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.
- ActiveListed 2024Current 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.
- 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
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $741,920 | $741,920 | — |
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% ($310K)
Adjustable assumption - not a lending recommendation.
$1,550,000
Luxury property intelligence
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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