
— bed, — bath on 1.57 acres in Dripping Springs. Dripping Springs, TX 78620. $2,250,000.
An exceptional opportunity to acquire one of the Texas Hill Country’s most distinctive commercial properties along the highly desirable Highway 290 corridor in Dripping Springs. Situated on approximately 1.573 acres with outstanding highway visibility and approximately 35,703 vehicles passing daily (2024 TxDOT AADT), this remarkable property offers exceptional exposure, timeless character, and incredible flexibility in one of Central Texas’ fastest-growing commercial markets. Originally handcrafted in 1997 using environmentally conscious building practices, the approximately 5,000-square-foot building features a durable metal frame and roof, straw bale and stucco construction for natural insulation, concrete floors, and a 40,000-gallon rainwater collection system. Towering oak and juniper trees create an inviting outdoor setting ideal for patios, food trucks, outdoor dining, special events, community gatherings, or future expansion. Located in the Dripping Springs ETJ with West Travis water available at the site, Aquadrip septic, propane, Pedernales Electric, and approximately 28–30 on-site parking spaces, this property is well suited for a wide variety of commercial uses. Ideal for a restaurant, brewery, winery or tasting room, coffee house, food truck venue, event center, wellness or medical practice, professional offices, coworking space, boutique retail, art gallery, educational facility, nonprofit headquarters, or a one-of-a-kind destination business. Positioned near Belterra Village, H-E-B, Home Depot, established neighborhoods, and where the future Target store is currently under development, this property is exceptionally positioned to benefit from continued commercial investment and population growth along the Highway 290 corridor. Whether you’re an investor, owner-user, or visionary entrepreneur, this is a rare opportunity to establish a landmark destination in one of the Texas Hill Country’s most dynamic and rapidly expanding commercial corridors.
Verified property facts
4002 E Highway 290 is listed at $2,250,000 with 0 bedrooms, 1.57-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).
4002 E Highway 290 is a Commercial Sale built in 1997 featuring 0 bedrooms, 1.57-acre lot.
4002 E Highway 290 is listed by Sky Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 2, 2026.
The most recent annual property tax for 4002 E Highway 290 is $23,232. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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Every recorded listing, sale, and lease at 4002 E Highway 290, 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% ($450K)
Adjustable assumption - not a lending recommendation.
$2,250,000
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List price
$2,250,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
86 days
Original to current
No verified reduction
$2.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 2, 2026.
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District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 4002 E Highway 290. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 2, 2026, 4002 E Highway 290 is offered at $2,250,000. 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.
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 |
| 380 Waters Edge Cv | $2.58M |
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