
Introducing a rare opportunity to own a brand-new, high-quality flex space in one of Central Texas’ fastest-growing markets. This thoughtfully designed property features 2,500 square feet of ground-level space and an additional 800 square feet of mezzanine space. Whether you're looking to impress clients or streamline your operations, this layout offers the best of both worlds. Built with both form and function in mind, the building boasts one 12’ x 14’ roll-up door, allowing for seamless access and operational efficiency. 200-amp electrical service is already in place, with the ability to easily upgrade to 400 amps, ensuring you’re equipped for future expansion. Set within a secure, gated development, this property is ideal for a wide range of users—whether you're in automotive, trades, logistics, storage, or light manufacturing, this space adapts to your needs. With strong market demand and limited supply in the Dripping Springs area, this is a valuable opportunity for owner-users and investors alike. Nestled between Dripping Springs and Henly, with effortless access to Austin, Johnson City, Blanco, and the greater Hill Country, this location offers maximum convenience in a rapidly developing corridor. Don’t miss your chance to secure this exceptional flex space in a location that’s as strategic as it is scenic.
Property Type
Commercial Sale
Year Built
2025
Listed by Friedman Real Estate, Inc.
Property Details
Flooring
Construction
Parking
Verified property facts
451 Farrell RD Unit #301A is a Commercial Sale built in 2025 featuring 0 bedrooms.
451 Farrell RD Unit #301A is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($131,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 451 Farrell RD Unit #301A is around $4,599 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $655,000, 451 Farrell RD Unit #301A is in the Farrell Lane Flex Space Condo market where there are currently 230 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $190,210 | $190,210 | — |
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% ($131K)
$655,000
Luxury property intelligence
A sourced read on Farrell Lane Flex Space Condo pricing, timing, and property scale. No automated valuation claim.
List price
$655,000
Price per sqft
Not available
Vs. Farrell Lane Flex Space Condo median
Not available
Days on market
89 days
Original to current
$10K reduction
$665K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 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
1 event on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $190,210 | $190,210 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
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Active listings near 451 Farrell RD Unit #301A
Recent sales for market context