3981 & 3983 E Highway 290, Dripping Springs, TX 78620

Discover an exceptional 3.9-acre commercial opportunity fronting Highway 290 in one of the fastest-growing corridors in all of Texas. Offering flexibility at every turn, this property consists of two legal lots, allowing buyers the option to purchase half or the entire tract depending on their needs. The seller is currently in the process of removing the property from the ETJ, further enhancing future development potential. As it stands, the site is unrestricted with no zoning, creating a rare blank canvas along this high-visibility stretch of 290. Originally designed for retail or automotive use, the property features a TxDOT-approved curb cut, and plans and entitlements can be transferred to the buyer upon closing—saving both time and development costs. Whether you’re looking to build and sell as a package, build and lease out for long-term income, or secure a prime location as an owner-user, this location supports a wide range of commercial strategies. Utilities include water and gas available along Highway 290, with septic needed. The property also backs up to Hidden Hills Drive, offering additional access and layout flexibility. With a prominent, highly visible line of sight, strong traffic counts, and ideal positioning for retail, automotive, convenience store, or flex park development, this tract offers unmatched potential in a booming growth corridor.

The strongest fact here is simple: 3981 & 3983 E Highway 290 puts 3.9 acres of commercial frontage on one of the busiest growth corridors in Hays County, priced at $2.50 million with two legal lots and a TxDOT-approved curb cut already in place. At 3981 & 3983 E Highway 290 in Dripping Springs, Dripping Springs, TX 78620, buyers are looking at a site that is hard to replicate this close to both central Dripping Springs and the Austin edge of the Hill Country.

This is a Commercial Sale - See Remarks property, not a finished building, so bedroom, bathroom, square footage, year built, and price per square foot are not currently applicable. What matters is the land plan and the access. The tract fronts Highway 290, backs to Hidden Hills Drive, and has the kind of visibility that works for retail, automotive, convenience, office-flex, or an owner-user concept that needs daily pass-by traffic. Water and natural gas are available along Highway 290, septic will be needed, and the current configuration gives a buyer options to acquire half or control the full 3.9-acre footprint.

From a location standpoint, this stretch of East Highway 290 sits in the path of steady commercial expansion between Dripping Springs and Southwest Austin. The Highway 290 and Ranch Road 12 intersection is about 2.5 miles away, or roughly a 3-minute drive in normal conditions. Belterra is about 3.5 miles away, or around 4 minutes. Downtown Austin is roughly 20 miles, or about 25 minutes without peak-hour backup. Belterra Village, Nutty Brown Road, and the Ranch Road 12 corridor all help ground the value story here because they show where rooftops, retail demand, and daily traffic are already concentrated. H-E-B at 598 E Highway 290 and the retail core in Dripping Springs are also close enough to support service-based and convenience-driven uses.

For buyers who track residential demand around commercial sites, the surrounding area is served by Dripping Springs ISD. Nearby schools commonly tied to this side of the corridor include Sycamore Springs Elementary School and Sycamore Springs Middle School, both rated 8/10 by GreatSchools, with Dripping Springs High School rated 7/10. That school profile matters because it supports household growth and long-term consumer demand in this part of Dripping Springs.

Days on market sit at 98, which means the property is available, visible, and still early enough for a buyer to shape the next chapter of this corridor. In a market where Highway 290 frontage keeps getting harder to find, this tract gives a commercial buyer room to build for current demand and hold for future value.