— bed, — bath on 5.04 acres in Dripping Springs. Dripping Springs, TX 78620. $1,100,000.
About This Home
Located within a well-established commercial condo complex, this 4,000 SF property offers exceptional versatility and strong income potential in one of Dripping Springs’ most desirable business corridors. Ideally situated just off Highway 290, the location provides outstanding visibility and easy access for clients and tenants alike. The building is currently leased out with the exception of one suite—making it an ideal option for either an owner-user looking to occupy a portion while generating passive income, or an investor seeking a stable, income-producing asset. With a flexible layout suited for a variety of professional users including medical, legal, tech, financial services, and more, this property is well-positioned to meet the needs of a dynamic tenant base. Whether you're looking to expand your portfolio or establish a foothold in the thriving Dripping Springs market, this property delivers on location, functionality, and long-term potential.
Highway 290 frontage and in-place income are the defining advantages at 800 W Highway 290 Unit #D, a 4,000 square foot office property in Dripping Springs in Dripping Springs. Priced at $1.10M and positioned within a well-established commercial condo complex on 5.037 acres in Hays County, this is the kind of asset buyers study for access, visibility, and practical leasing strength before they study anything else.
The current setup matters. With the building leased except for one suite, the property already carries the structure many office buyers want but do not always find. An investor can step into an income-producing position with existing tenancy, while an owner-user can occupy the available suite and preserve rent coming from the balance of the building. That dual path widens the buyer pool and gives the property more strategic utility than a fully vacant building or a fully occupied one with no flexibility.
The location supports that flexibility. A Highway 290 address in Dripping Springs puts this office product in a corridor that works for client-facing and professional service uses because access is straightforward and visibility is not theoretical. That matters for medical, legal, financial, tech, and other office users that depend on day-to-day convenience and a recognizable location. In smaller but growing markets, the right corridor can do as much work as the improvements themselves, and this address is positioned accordingly.
The physical facts are also clean. Built in 2001, the property offers a scale that is large enough to support multiple users without becoming operationally cumbersome. The office designation is clear, the commercial sale profile is straightforward, and the extended 231 days on market suggests an opportunity for a buyer who understands the difference between headline exposure and actual long-term utility. This is not raw land speculation or a concept play. It is a functioning office asset with current income, one available suite, and a location that supports continued professional use.
For buyers focused on Dripping Springs commercial property, 800 W Highway 290 Unit #D stands out because it combines corridor visibility, existing tenancy, and owner-user optionality in a single asset, which is exactly the kind of positioning that tends to hold value over time.
The numbers behind this insight
- Offered at
- $1,100,000
- Listed
- July 28, 2025
- Property Type
- Commercial Sale
- Year Built
- 2001
- Lot Size
- 5.04 acres
Listing information last updated July 24, 2026.
Listed by Friedman Real Estate, Inc.
MLS# 5550727 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Carpet
- Tile
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Frame
- Stone
- Slab
- Lot Size
- 5.04 Acres
- Common
- On Site
- Parking Lot
Financial
- Original List Price
- $1,100,000
Utilities
- Electricity Connected
- Phone Available
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 800 W Highway 290 Unit #D, whoever represented it.
- ActiveListed 2025Current price: $1,100,000Original list: $1,100,000MLS 5550727
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.
- Current list
- $1,100,000
- Original list
- $1,100,000
- Price movement
- No verified reduction
- Listed / DOM
- Jul 28, 2025 · 451 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $845,137
- Assessment Year
- 2025
- Year Built
- 2001
- Parcel ID
- 15-0108-000D-00000-4
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $845,137 | $441,180 | $403,957 |
District Schools Nearby
Dripping Springs High School
Sycamore Springs Middle School
Rooster Springs Elementary
Cypress Springs Elementary
Sycamore Springs Elementary
Walnut Springs Elementary
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($220K)
Adjustable assumption - not a lending recommendation.
$1,100,000
Luxury property intelligence
Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$1,100,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
451 days
Original to current
No verified reduction
$1.1M 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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