— bed, — bath on 5.81 acres in Dripping Springs. Dripping Springs, TX 78620. $1,125,000.
About This Home
***Seller Financing Available with 20% down, 5% interest (below market), Interest only payments,18 month term*** Discover 5.81 acres of commercial land in the rapidly expanding Hays County area, perfectly positioned just outside Dripping Springs ETJ and easy access to Bee Cave and Austin. This rare commercial development opportunity sits directly on the highly trafficked RR12, currently undergoing expansion by TXDOT to accommodate the area's substantial growth. With great visibility for signage and convenient accessibility, this property offers exceptional potential for a wide range of commercial or development ventures. Whether you’re looking to establish a business, invest in a well located land hold, or develop for future opportunities, this strategic location in the Hill Country’s booming growth corridor ensures lasting value. Seize the chance to secure premium real estate in one of Texas's most sought-after regions. Opportunities like this don’t last long – act now to position yourself at the forefront of Hill Country growth! • Outside of the Dripping Springs ETJ • High-traffic location with excellent visibility. • Situated in a rapidly growing area, ideal for businesses. • Flexible light, noise, and height guidelines – negotiable for your vision. • Close proximity to Austin, Dripping Springs, and Bee Cave.
This 5.81-acre commercial parcel in Dripping Springs represents one of the few remaining development opportunities along Rural Route 12 in Hays County, a corridor undergoing significant infrastructure expansion by TxDOT. Located at 31858 RR 12 in the Werth Subdivision, the property sits just outside the Dripping Springs ETJ with direct access to one of the region's most visible and trafficked thoroughfares, making it ideal for mixed-use commercial ventures or strategic land positioning.
The site's strategic positioning reflects thoughtful site selection. RR 12 connects directly to Bee Cave to the east and feeds into greater Austin's commercial corridors, while remaining anchored in the Hill Country's distinct growth zone. The property benefits from Hays County's flexible development guidelines, with negotiable parameters around light, noise, and height restrictions that allow design vision to adapt to specific commercial applications. This flexibility distinguishes it from more restrictive jurisdictions.
The 5.81 acres provide substantial canvas for development, whether for retail, office, hospitality, light industrial, or mixed-use projects. High visibility from RR 12 creates natural signage value, a critical asset for any consumer-facing business model. The land hold offers another angle: investors recognize that Hays County's growth trajectory, driven by both Austin spillover and direct employer migration, positions raw acreage for long-term appreciation.
TxDOT's active expansion of RR 12 underscores the state's infrastructure commitment to this corridor. This public investment validates private development confidence and typically signals imminent commercial clustering. The Dripping Springs area itself, anchored by established schools and the Hill Country Galleria to the south, provides demographic and economic stability.
Seller financing is available with 20% down, 5% interest, and interest-only payments over an 18-month term, creating acquisition flexibility for developers and investors evaluating long-term hold or near-term build timelines. This financing structure removes typical construction debt constraints that often stall development in emerging markets.
For buyers evaluating Hill Country commercial real estate, this parcel offers what rarely surfaces: acreage with existing infrastructure access, strong visibility, flexible zoning parameters, and seller financing that accommodates development timelines. The combination positions you to capitalize on Hays County's documented growth before secondary sites command premium pricing.
The numbers behind this insight
- Offered at
- $1,125,000
- Listed
- June 17, 2026
- Price changes
- Reduced, down 6.3% from $1,200,000
- Property Type
- Commercial Sale
- Year Built
- 2027
- Lot Size
- 5.81 acres
Listing information last updated August 25, 2026.
Listed by Stanberry REALTORS
MLS# 5291268 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 5.81 Acres
Financial
- Original List Price
- $1,200,000
Utilities
- Electricity Available
Transaction History
1 record on file
Every recorded listing, sale, and lease at 31858 RR 12 Unit #Lot 4H & 4G, whoever represented it.
- ActiveListed 2026Current price: $1,125,000Original list: $1,200,000MLS 5291268
- Listed · June 17, 2026$1,200,000
- Price changed · June 29, 2026$1,175,000
- Price changed · July 21, 2026$1,150,000
- Price changed · August 11, 2026$1,125,000
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.
- Current list
- $1,125,000
- Original list
- $1,200,000
- Price movement
- $75K reduction
- Listed / DOM
- Jun 17, 2026 · 127 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% ($225K)
Adjustable assumption - not a lending recommendation.
$1,125,000
Luxury property intelligence
Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$1,125,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
127 days
Original to current
$75K reduction
$1.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
Request Private Market AnalysisConnect 31858 RR 12 Unit #Lot 4H & 4G to the Austin Market
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