
— bed, — bath on 9.82 acres in Dripping Springs. Dripping Springs, TX 78620. $1,975,000.
***Seller Financing Available with 20% down, 5% interest (below market), Interest only payments,18 month term*** Discover 9.82 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.
Nine and a half acres of raw commercial land on Ranch Road 12 in Dripping Springs represents one of the most strategically positioned development opportunities in Hays County today. This Dripping Springs property at 31858 RR 12, consisting of four contiguous lots (4H, 4G, 4F, 4E), sits directly on one of the region's most visible and trafficked corridors, with TXDOT actively expanding RR 12 to handle the Hill Country's explosive growth trajectory.
The dramatic impact of this holding is its location within the fastest-growing commercial corridor between Austin and Dripping Springs. The property offers exceptional visibility for signage and brand presence along a major thoroughfare that connects directly to Bee Cave and downtown Austin. Traffic patterns and accessibility make this land ideal for retail, hospitality, office development, or mixed-use ventures that benefit from high-volume exposure. The Hays County location outside the Dripping Springs ETJ provides regulatory flexibility with negotiable light, noise, and height guidelines that can be tailored to your specific development vision.
What elevates this opportunity is the financing structure available from the seller: 20% down with 5% interest rates and interest-only payments over an 18-month term. This below-market financing removes a critical barrier to acquisition and positions serious developers and investors to move quickly in an area where comparable commercial land sells rapidly.
The infrastructure is already positioned for growth. RR 12's ongoing expansion by TXDOT signals the state's confidence in this corridor's commercial future. Proximity to established Dripping Springs to the west, Bee Cave's retail and office market to the east, and Austin's employment centers creates a natural demand funnel for any commercial use case. Whether your strategy is immediate development, a strategic land hold, or phased expansion over time, the 9.82-acre footprint provides the scale and flexibility that institutional users and developers require.
This represents a rare moment to acquire premium commercial acreage in the Hill Country's proven growth zone before competition intensifies and land costs reflect the full development potential of this expanding corridor.
Verified property facts
31858 RR 12 Unit #Lots 4H-4G-4F-4E is listed at $1,975,000 with 0 bedrooms, 9.82-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).
31858 RR 12 Unit #Lots 4H-4G-4F-4E is a Commercial Sale built in 2027 featuring 0 bedrooms, 9.82-acre lot.
31858 RR 12 Unit #Lots 4H-4G-4F-4E is listed by Stanberry 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 31858 RR 12 Unit #Lots 4H-4G-4F-4E. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded listing, sale, and lease at 31858 RR 12 Unit #Lots 4H-4G-4F-4E, 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% ($395K)
Adjustable assumption - not a lending recommendation.
$1,975,000
Luxury property intelligence
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$1,975,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
107 days
Original to current
$75K reduction
$2.1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 1, 2026, 31858 RR 12 Unit #Lots 4H-4G-4F-4E is offered at $1,975,000. 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.
31858 RR 12 Unit #Lots 4H-4G-4F-4E was built in 2027, making it new construction.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
| Address | Offered At |
|---|---|
| 164 Carentan Cv | $1.14M |
| 306 Saddlehorn Dr | $1.40M |
| 265 Quinn Dr | $1.09M |
| 380 Waters Edge Cv | $2.58M |
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Dripping Springs
Active listings near 31858 RR 12 Unit #Lots 4H-4G-4F-4E
Recent sales for market context