
— bed, — bath on 11.98 acres in None. Austin, TX 78736. $4,000,000. Dripping Springs ISD.
This exceptional 11.98± acre Fitzhugh Road development opportunity comes with a county-approved 35-year development agreement and a shovel-ready plan designed for approximately 110,000 SF of multi-building retail, warehouse, office and flex space. Located entirely in Hays County with an Austin address, outside the ETJ and with no restrictions shown in MLS, the property offers exceptional flexibility for developers, investors and owner-users. Positioned along the highly sought-after Fitzhugh Corridor between Austin and Dripping Springs, the property sits among established breweries, distilleries, restaurants and entertainment destinations that have transformed Fitzhugh Road into one of the Hill Country's most recognizable commercial corridors. The approved concept provides an opportunity to develop and lease or sell individual spaces, while the site's scale and flexibility also make it well suited for an owner-user campus, manufacturing, distribution, trades, showroom, retail, brewery/distillery or other commercial concepts. With approximately 110,000 SF already designed, buyers can capitalize on significant planning already completed while retaining the flexibility to pursue a different vision. Convenient access connects the property to Southwest and Central Austin, Dripping Springs, Bee Cave, Lakeway, Wimberley and the greater Hill Country. A rare opportunity to acquire nearly 12 acres on Fitzhugh Road with long-term development approvals already in place. Ask for the site plan, development agreement and additional due diligence materials.
Verified property facts
TBD Fitzhugh is listed at $4,000,000 with 0 bedrooms, 11.98-acre lot. This places it above the ZIP 78736 single-family closed-sale median price of $579,900 (ZIP 78736 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 24, 2026).
TBD Fitzhugh is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (8/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
TBD Fitzhugh is listed by Friedman Real Estate, Inc.. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 25, 2026.
This page does not assume a mortgage rate or publish a monthly payment for TBD Fitzhugh. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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Every recorded listing, sale, and lease at TBD Fitzhugh, 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.
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($800K)
Adjustable assumption - not a lending recommendation.
$4,000,000
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List price
$4,000,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
638 days
Original to current
$750K reduction
$4.8M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 25, 2026.
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