
Prime commercial opportunities in the heart of Dripping Springs are becoming increasingly difficult to find. Ideally positioned along Ranch Road 12 adjacent to Home Depot and just moments from the Highway 290 intersection, this highly visible commercial property offers exceptional flexibility for owner-users, investors, and future redevelopment alike. The property benefits from CS zoning, one of the area's most versatile commercial zoning classifications, allowing for a broad range of professional, retail, medical, hospitality, and service-oriented uses. Even more valuable, the City has already approved plans for a new 24-space parking lot, significantly reducing time and expense for a future owner while expanding the property's long-term potential. The existing improvements are well suited for professional offices, medical, financial services, real estate, architecture, engineering, insurance, therapy, technology, and numerous other commercial users. Alternatively, the property's location and zoning make it an outstanding candidate for a boutique coffee shop, wine bar, café, restaurant, retail concept, or other destination business serving the rapidly growing Dripping Springs community. Located in one of the fastest-growing markets in Central Texas, the property provides outstanding access to Austin, Bee Cave, Driftwood, Wimberley, Kyle, and Buda while benefiting from the continued growth of the Highway 290 corridor. Whether you're looking to establish your headquarters, generate investment income, or create one of Dripping Springs' next landmark commercial destinations, opportunities with this combination of location, zoning, approvals, and future potential are exceptionally rare.
Property Type
Commercial Sale
Year Built
2013
Lot Size
1.03 acres
Listed by Friedman Real Estate, Inc.
Verified property facts
27320 Ranch Road 12 is listed at $2,400,000 with 0 bedrooms, 1.03-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 Sep 11, 2026).
27320 Ranch Road 12 is a Commercial Sale built in 2013 featuring 0 bedrooms, 1.03-acre lot.
27320 Ranch Road 12 is listed by Friedman Real Estate, Inc.. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 12, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 27320 Ranch Road 12. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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Property Details
Flooring
Construction
Parking
1 record on file
Every recorded listing, sale, and lease at 27320 Ranch Road 12, 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.
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% ($480K)
Adjustable assumption - not a lending recommendation.
$2,400,000
Luxury property intelligence
A sourced read on P A Smith Surv Abs #415 pricing, timing, and property scale. No automated valuation claim.
List price
$2,400,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
1,012 days
Original to current
No verified reduction
$2.4M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 12, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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
#1 ABOR Team 2024 with $1B+ career sales volume
As of Sep 12, 2026, 27320 Ranch Road 12 is offered at $2,400,000. The current MLS snapshot shows 221 active listings in 78620. Keenan Group has completed 12 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.
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Recent sales for market context