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Keenan Group#1 Austin Board of Realtors Team 2024
28707 RR 12, photo 1 of 1, Dripping Springs, Dripping Springs, TX
Active

$850,000

0Beds
1.50 acresLot

28707 RR 12, Dripping Springs, TX 78620

Dripping Springs·MLS# 3274185·Built 1971·132 days on market

— bed, — bath on 1.50 acres in Dripping Springs. Dripping Springs, TX 78620. $850,000.

About This Home

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

Listing information last updated July 6, 2026.

Listed by Burt Dement Real Estate LLC

MLS# 3274185 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 1.50-acre lot
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
Childcare Centers or similar institutional services
Specific service businesses that may have unique operational impacts on neighboring properties

Facts & Features

Interior

Flooring

  • Concrete
Exterior & Lot

Construction

  • Frame
  • Wood Siding
  • Stone Veneer
Lot Size
1.50 Acres

Parking

  • Outside
Financial
Original List Price
$850,000
Utilities
  • Electricity Available
  • Sewer Available
  • Water Available
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 28707 RR 12, whoever represented it.

  1. ActiveListed 2026
    Current price: $850,000Original list: $850,000MLS 3274185
    1. Listed · June 12, 2026$850,000

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.

View Timeline
Current list
$850,000
Original list
$850,000
Price movement
No verified reduction
Listed / DOM
Jun 12, 2026 · 132 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$1,010,000
Assessment Year
2025
Year Built
1971
Parcel ID
10-0415-0037-00000-4
YearTaxesTotal AssessmentLandAdditions
2025
—$1,010,000$731,630$278,370
Map showing 28707 RR 12
28707 RR 12
Directions
Principal & interest
$4,708

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($170K)

Adjustable assumption - not a lending recommendation.

$850,000

Loan: $680K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

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List price

$850,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

132 days

Original to current

No verified reduction

$850K original

Active inventory context

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Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Frequently Asked Questions

How much is 28707 RR 12?

28707 RR 12 is listed at $850,000 with 0 bedrooms, 1.50-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $600,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 21, 2026).

What are the property details for 28707 RR 12?

28707 RR 12 is a Commercial Sale built in 1971 featuring 0 bedrooms, 1.50-acre lot.

What are the property taxes for 28707 RR 12?

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.

How should a buyer estimate the monthly payment for 28707 RR 12?

This page does not assume a mortgage rate or publish a monthly payment for 28707 RR 12. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 28707 RR 12 compare with other homes in Dripping Springs?

As of Oct 16, 2026, 28707 RR 12 is offered at $850,000. The current MLS snapshot shows 225 active listings in 78620. Keenan Group has completed 15 verified transactions in 78620 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 28707 RR 12 built?

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.

Why Choose the #1 Austin Board Team for Dripping Springs

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 9:07:34 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 9:07:34 PM

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