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Whether you're an owner-user looking to establish your headquarters or an investor seeking a promising asset, this property seamlessly caters to both aspirations. Situated in the heart of Dripping Springs, adjacent to the Home Depot and just a few blocks south of the Hwy 290/RR12 intersection, this charming condo complex has undergone an extensive transformation and is ready for its next chapter. Perfect for a wide range of office users, from insurance and tech to law, mortgage, esthetician, architecture, therapy, medical, and more. Would also be great for a hospitality type business such as a coffee shop, juice bar, lounge, etc. This is a prime location to serve Dripping Springs, Austin, Kyle, Buda, Driftwood, Wimberley, and beyond. High speed internet, beautiful trees and landscaping, and CS zoning; which is the highest and best zoning you can have for commercial use. Don't miss out on the chance to put down roots in the thriving community of Dripping Springs, where a harmonious blend of history and progress creates an ideal environment for success.
Property Type
Commercial Sale
Year Built
2013
Lot Size
1.03 acres
Garage
20 spaces
Listed by Friedman Real Estate, Inc.
Verified property facts
27320 Ranch Road 12 is listed at $2,375,000 with 0 bedrooms, 1.03-acre lot. This places it above the 78620 median of $867,000.
27320 Ranch Road 12 is a Commercial Sale built in 2013 featuring 0 bedrooms, 1.03-acre lot.
27320 Ranch Road 12 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($475,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 27320 Ranch Road 12 is around $16,678 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $2,375,000, 27320 Ranch Road 12 is in the P A Smith Surv Abs #415 market where there are currently 234 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Flooring
Construction
Parking
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% ($475K)
$2,375,000
Luxury property intelligence
A sourced read on P A Smith Surv Abs #415 pricing, timing, and property scale. No automated valuation claim.
List price
$2,375,000
Price per sqft
Not available
Vs. P A Smith Surv Abs #415 median
Not available
Days on market
908 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 May 31, 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
27320 Ranch Road 12 sits on a 1.03-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in P A Smith Surv Abs #415
Active listings near 27320 Ranch Road 12
Recent sales for market context