
— bed, — bath on 1.74 acres in Dripping Springs. Dripping Springs, TX 78620. $1,100,000.
Premier Commercial Opportunity. Lot 3 (1.739 Acres) Vitolich Plaza Subdivision. 5307 Bell Springs Rd Ste 200 Dripping Springs, Tx. 78620. Position you business for success in one of Central Texas' most dynamic growth markets - Dripping Springs, just minutes from Southwest Austin. Lot 3 Vitolich Plaza presents a rate 1.73-acre commercial tract with prime frontage along Bell Springs Rd, directly across from the Well-known Dripping Springs Vodka distillery. Property Highlights: 1.739 Acres- Commercial Raw Land, High-Visibility Bell Springs Road Frontage, Located in rapidly expanding commercial corridor, City-Approved plans and engineering already in place for Wentys Beer and Wine, Minimal Restrictions for flexible development potential, Ideal for retail, office, service, or mixed-use concepts
Lot 3 at Dripping Springs in Dripping Springs represents a rare commercial opportunity along one of Central Texas' most active development corridors. This 1.739-acre parcel sits on Bell Springs Road with direct frontage on one of the region's highest-traffic commercial routes, positioned directly across from Dripping Springs Vodka distillery, a landmark that signals the area's established appeal to both consumers and entrepreneurs.
The property's location within Dripping Springs places it in the heart of Dripping Springs' commercial expansion zone, minutes from Southwest Austin's employment centers and residential growth. Bell Springs Road has become the commercial spine of Dripping Springs, connecting the community to regional employers and serving as a primary retail corridor for the 7,500+ residents in the surrounding area. The visibility and accessibility from this thoroughfare make the lot immediately recognizable to passing traffic.
What sets this opportunity apart is the infrastructure already in place. City-approved plans and engineering have been completed for the property, eliminating months of permitting uncertainty typical in raw land sales. This means a buyer can move directly to construction without navigating design review processes or rezoning complications. The approved plans accommodate retail, food and beverage, office, service, or mixed-use development, providing flexibility for multiple business models.
The minimal deed restrictions on the property create genuine development freedom. Unlike heavily restricted commercial zones, this parcel allows operators to pivot their concept based on market demand. Whether the target is a restaurant, brewery, retail storefront, professional office, or combination use, the zoning framework accommodates the strategy.
Dripping Springs has transitioned from rural escape to legitimate commercial destination. The community now supports shopping centers, office parks, and destination dining that attract both local spending and regional visitor traffic. Proximity to the Hill Country's tourism economy, combined with growing Southwest Austin residential density, creates consistent foot traffic and customer base growth.
For investors or operators seeking established infrastructure, city approvals, and high-visibility commercial real estate in a market experiencing sustained growth, Lot 3 delivers immediate development potential without the typical delays of raw land acquisition in developing markets.
Verified property facts
Lot 3 Bell Springs Rd is listed at $1,100,000 with 0 bedrooms, 1.74-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 Oct 1, 2026).
Lot 3 Bell Springs Rd is listed by Randy Hutto, Realtors. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
This page does not assume a mortgage rate or publish a monthly payment for Lot 3 Bell Springs Rd. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 1, 2026, Lot 3 Bell Springs Rd is offered at $1,100,000. The current MLS snapshot shows 223 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.
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3 records on file
Every recorded listing, sale, and lease at Lot 3 Bell Springs Rd, 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% ($220K)
Adjustable assumption - not a lending recommendation.
$1,100,000
Luxury property intelligence
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$1,100,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
178 days
Original to current
No verified reduction
$1.1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
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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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