— bed, — bath on 1.74 acres in Dripping Springs. Dripping Springs, TX 78620. $1,100,000.
About This Home
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.
The numbers behind this insight
- Offered at
- $1,100,000
- Listed
- April 7, 2026
- Property Type
- Commercial Sale
- Lot Size
- 1.74 acres
Listing information last updated April 7, 2026.
Listed by Randy Hutto, Realtors
MLS# 1292187 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 1.74 Acres
Financial
- Original List Price
- $1,100,000
Utilities
- Electricity Available
- Water Source
- Public
- Sewer
- Septic Needed
Transaction History
3 records on file
Every recorded listing, sale, and lease at Lot 3 Bell Springs Rd, whoever represented it.
- ActiveListed 2026Current price: $1,100,000Original list: $1,100,000MLS 1292187
- WithdrawnListed date not recordedCurrent price: $625,000Original list: $625,000MLS 6696673
- WithdrawnListed date not recordedCurrent price: $570,000Original list: $570,000MLS 5298542
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.
- Current list
- $1,100,000
- Original list
- $1,100,000
- Price movement
- No verified reduction
- Listed / DOM
- Apr 7, 2026 · 198 days
District Schools Nearby
Dripping Springs High School
Sycamore Springs Middle School
Rooster Springs Elementary
Cypress Springs Elementary
Sycamore Springs Elementary
Walnut Springs Elementary
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($220K)
Adjustable assumption - not a lending recommendation.
$1,100,000
Luxury property intelligence
Keenan Market Position
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
198 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 16, 2026.
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