
1.5 Acres on RR 12, also connecting to the Heritage subdivision. Old building is gutted and can be remodeled or demolished. 7 parking spaces, water, sewer, and electricity available. Local retail (LR) zoning in Dripping Springs, TX, primarily permits low-intensity, neighborhood-oriented commercial uses, such as convenience stores, small offices, boutique retail, and personal services. This classification restricts large-scale big-box stores while allowing daily goods and services for nearby residential. Permitted Uses (Allowed By-Right) In the Local Retail (LR) district, property owners can establish the following without special hearings: Personal & Professional Services: Barber shops, beauty salons, dry cleaning drops, tailor shops, and photography studios. Offices: Real estate, insurance, financial services, medical offices, and general professional spaces.Food Services: Small cafes, coffee shops, and restaurants Conditional Uses (Requires Approval) Some uses are not automatically allowed but may be permitted if the business obtains a Conditional Use Permit (CUP): Restaurants or Bars serving alcohol (e.g., wine bars or pubs). Childcare Centers or similar institutional services. Specific service businesses that may have unique operational impacts on neighboring properties. Development Standards: All projects in LR district must follow the city's building and land-use standards. Key requirements include: Building Height: Typically restricted to a maximum of 40 feet. Exterior & Lighting: Dripping Springs is an International Dark Sky Community, so all exterior lighting and signage must be designed to minimize light pollution. Landscaping: A detailed landscape and tree preservation plan must be submitted during the site development phase. To confirm specific parcel zoning or view the comprehensive use chart, you can contact the City of Dripping Springs Planning and Development Department.
Property Type
Commercial Sale
Year Built
1971
Lot Size
1.50 acres
Garage
8 spaces
Listed by Burt Dement Real Estate LLC
Verified property facts
28707 RR 12 is a Commercial Sale built in 1971 featuring 0 bedrooms, 1.50-acre lot.
28707 RR 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.
The most recent annual property tax for 28707 RR 12 is $18,807. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($170,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 28707 RR 12 is around $5,978 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Property Details
Flooring
Construction
Parking
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $1,010,000 | $731,630 | $278,370 |
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% ($170K)
$850,000
Luxury property intelligence
A sourced read on A0415 Philip A Smith Survey pricing, timing, and property scale. No automated valuation claim.
List price
$850,000
Price per sqft
Not available
Vs. A0415 Philip A Smith Survey median
Not available
Days on market
10 days
Original to current
No verified reduction
$850K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 21, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $850,000, 28707 RR 12 is in the A0415 Philip A Smith Survey market where there are currently 248 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
28707 RR 12 was built in 1971 (55 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $1,010,000 | $731,630 | $278,370 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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