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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
27900 Ranch Road 12 is listed at $4,250,000 with 0 bedrooms, 5.75-acre lot. This places it above the 78620 median of $867,000.
27900 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 ($850,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 27900 Ranch Road 12 is around $29,844 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
27900 Ranch Road 12 sits on a 5.75-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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
Listing timeline with current price, original ask, and market time.
We are excited to present Ranch Road Crossing, a prime property at the corner of Founders Park Road and Ranch Road 12. With permits in hand for four buildings totaling approximately 50,000 square feet, this site is versatile for various uses, including industrial, flex, retail, medical, and general office space. Strategically located with two curb cuts on Ranch Road 12, it offers excellent visibility along both Ranch Road 12 and Founders Park Road, ensuring a strong presence in a commercial zone. The property features three existing LUEs and ample parking, making it well-suited for future development. As one of the only existing tracts in the city with CS zoning and available sewer, this site comes with a fully entitled package that includes approved city permits and all necessary utilities. Conveniently close to downtown Dripping Springs and with easy access to major Hwy 290, this shovel-ready project presents an exceptional opportunity in a market that is in need of retail and industrial developments!
Property Type
Commercial Sale
Lot Size
5.75 acres
Garage
88 spaces
Listed by Friedman Real Estate, Inc.
Property Details
Construction
Parking
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% ($850K)
$4,250,000
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List price
$4,250,000
Price per sqft
Not available
Vs. neighborhood median
Not available
Days on market
560 days
Original to current
$750K reduction
$5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 11, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
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