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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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3981 & 3983 E Highway 290 , Dripping Springs, TX 78620
$2,500,000
Est. Payment: $12,580.92/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 98
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Jeannette Spinelli
Broker Associate & Founder

House Description

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.

Highlights

Listed by Josh Friedman , (512) 924-5323 and Madison Lewis , (512) 806-4461 Friedman Real Estate, Inc. , (512) 892-9934. Austin MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
3.9

County

Hays

Area

HD

Neighborhood

Sunset Canyon Sec 1

Listing ID

7276836

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Others:Resale
Principal Interest
$12,581
Taxes
$1,594

Home Price

$2,500,000

Loan Details

30 yrs
6.454%

Down Payment

20%
$500,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,580.92

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,580.92 $1,593.75 $0.00 $14,174.67
Yearly $150,971.01 $19,125.00 $0.00 $170,096.01
Total $4,529,130.26 $573,750.00 $0.00 $5,102,880.26

Today's Rates

30 Year

6.45%

20 Year

6.2%

15 Year

5.87%

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Market insight data is pulled from the same city as the listing being viewed (Dripping Springs, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. 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.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-07-19T19:31:28.000Z

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