For Sale Commercial MLS# ACT5609635

23351 Fm 150 None W

Driftwood, TX 78619

$1,499,900

Take the tour

About 23351 Fm 150 None W

Strategic commercial or mixed-use opportunity approximately one minute from downtown Dripping Springs, offering prominent FM 150 frontage in a growing Central Texas corridor. Set on 2 level, usable acres, the property includes city water, an oversized septic system, public-road access, mature trees, patios, and garden areas. Existing improvements offer a flexible foundation for an owner-user, investor, or hospitality operator. Previously operated as a bed-and-breakfast and event venue, the property includes approximately 6,000+ square feet across two structures. The renovated main building offers four bedrooms and four full baths. A converted historic barn features three additional bedrooms, three full baths, a separate kitchen and living area, and an expansive central hall suitable for receptions, conferences, dining, training, or large gatherings. Seven private bedroom-and-bath suites offer possibilities for boutique lodging, professional offices, wellness or therapy suites, short-term accommodations, or live-work use. The gathering areas, patios, and landscaped grounds may also support an event venue, corporate retreat center, restaurant or café, creative studios, or multi-tenant professional space. High-visibility frontage provides valuable business exposure, while the acreage offers potential for additional parking, outdoor gathering areas, or future improvements. With existing infrastructure, versatile improvements, and close proximity to downtown Dripping Springs, this is a compelling opportunity in the Driftwood–Dripping Springs corridor. Buyer and Buyer’s Agent are responsible for conducting all due diligence and independently verifying all information, including property condition, square footage, zoning, permitted uses, development regulations, occupancy and capacity requirements, licenses, permits, taxes, utilities, septic capacity, parking requirements, and feasibility of any proposed commercial, residential, hospitality, or mixed-use operation.

Property details

Property

Type
Mixed Use
MLS type
Commercial Sale
Status
Active
Year built
1922
Lot
2.003 AC / 87,250 SF
Original price
$1,499,900
MLS #
5609635

Interior

Flooring
Tile, Wood
Heating
Central, Fireplace(s), Heat Pump
Cooling
Ceiling Fan(s), Central Air, Wall/Window Unit(s)

Exterior & lot

Parking
Driveway, Gated, Paved

Utilities

Utilities
Electricity Connected, High Speed Internet, Water Available, Water Connected
Water
Public
Sewer
Septic Tank

Financial

Annual tax
$20,831
Tax year
2025
Parcel
1142190000001004
Legal
HOWARD SUBD, BLOCK A, LOT 1, ACRES 2.003
Special conditions
Standard

Location

Subdivision
Howard Sub
County
Hays
Directions
290 W TO RR12- LEFT ON 12- LEFT ON FM150- HOME ON RIGHT

Location

Neighborhood
Howard Sub

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Listed by Melony Coffman, Coffman Real Estate

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.