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Keenan Group#1 Austin Board of Realtors Team 2024
451 Farrell RD Unit #301A, photo 1 of 21, Dripping Springs, Dripping Springs, TX
Active

$655,000

0Beds

451 Farrell Rd Unit #301A, Dripping Springs, TX 78620

Reduced 2%$665,000
Dripping Springs·MLS# 7579169·Built 2025·171 days on market

— bed, — bath in Dripping Springs. Dripping Springs, TX 78620. $655,000.

About This Home

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

Listing information last updated June 5, 2026.

Listed by Friedman Real Estate, Inc.

MLS# 7579169 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

New construction completed in 2025

Facts & Features

Interior

Flooring

  • Concrete
  • Vinyl
Exterior & Lot

Construction

  • Metal Siding

Parking

  • On Site
  • Outside
  • Paved
Financial
Original List Price
$665,000
Utilities
  • Electricity Connected
  • High Speed Internet
  • Sewer Connected
  • Water Connected
Sewer
Shared Septic

Transaction History

1 record on file

Every recorded listing, sale, and lease at 451 Farrell RD Unit #301A, whoever represented it.

  1. ActiveListed 2026
    Current price: $655,000Original list: $665,000MLS 7579169
    1. Listed · May 4, 2026$665,000
    2. Price changed · June 4, 2026$655,000

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.

View Timeline
Current list
$655,000
Original list
$665,000
Price movement
$10K reduction
Listed / DOM
May 4, 2026 · 171 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$190,210
Assessment Year
2025
Parcel ID
15-2450-0000-00100-4
YearTaxesTotal AssessmentLandAdditions
2025
—$190,210$190,210—
Map showing 451 Farrell RD Unit #301A
451 Farrell RD Unit #301A
Directions
Principal & interest
$3,628

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($131K)

Adjustable assumption - not a lending recommendation.

$655,000

Loan: $524K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.

List price

$655,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

171 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 Oct 16, 2026.

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Frequently Asked Questions

How much is 451 Farrell Rd Unit #301A?

451 Farrell Rd Unit #301A is listed at $655,000 with 0 bedrooms. This places it above the ZIP 78620 single-family closed-sale median price of $600,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 21, 2026).

What are the property details for 451 Farrell Rd Unit #301A?

451 Farrell Rd Unit #301A is a Commercial Sale built in 2025 featuring 0 bedrooms.

How should a buyer estimate the monthly payment for 451 Farrell Rd Unit #301A?

This page does not assume a mortgage rate or publish a monthly payment for 451 Farrell Rd Unit #301A. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 451 Farrell Rd Unit #301A compare with other homes in Dripping Springs?

As of Oct 16, 2026, 451 Farrell Rd Unit #301A is offered at $655,000. The current MLS snapshot shows 225 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.

Why Choose the #1 Austin Board Team for Dripping Springs

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/16/2026, 1:07:35 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/16/2026, 1:07:35 AM

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