For Sale Commercial MLS# ACT7276836

3981 & 3983 E Highway 290

Dripping Springs, TX 78620

$2,500,000

About 3981 & 3983 E Highway 290

Discover an exceptional 3.9-acre commercial opportunity fronting Highway 290 in one of the fastest-growing corridors in all of Texas. Offering flexibility at every turn, this property consists of two legal lots, allowing buyers the option to purchase half or the entire tract depending on their needs. The seller is currently in the process of removing the property from the ETJ, further enhancing future development potential. As it stands, the site is unrestricted with no zoning, creating a rare blank canvas along this high-visibility stretch of 290. Originally designed for retail or automotive use, the property features a TxDOT-approved curb cut, and plans and entitlements can be transferred to the buyer upon closing—saving both time and development costs. Whether you’re looking to build and sell as a package, build and lease out for long-term income, or secure a prime location as an owner-user, this location supports a wide range of commercial strategies. Utilities include water and gas available along Highway 290, with septic needed. The property also backs up to Hidden Hills Drive, offering additional access and layout flexibility. With a prominent, highly visible line of sight, strong traffic counts, and ideal positioning for retail, automotive, convenience store, or flex park development, this tract offers unmatched potential in a booming growth corridor.

Property details

Property

MLS type
Commercial Sale
Status
Active
Lot
3.9 AC / 169,884 SF
Original price
$2,500,000
MLS #
7276836

Utilities

Utilities
Natural Gas Available, Water Available

Financial

Annual tax
$21,454
Tax year
2025
Parcel
1184750000296004
Legal
SUNSET CANYON SEC 1, LOT 296, ACRES 1.94 & SUNSET CANYON LOT 297 1.96 AC GEO#90405649
Special conditions
Standard

Location

Subdivision
Sunset Canyon Sec 1
County
Hays
Directions
From the 1826/Hwy 290 Intersection: Head W on Hwy 290 for approx. 8.5 miles and property will be on the Right.

Location

Neighborhood
Sunset Canyon Sec 1

Ask about this property

Questions on 3981 & 3983 E Highway 290, or want to see it in person?

Listed by Josh Friedman, Friedman Real Estate, Inc.

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.