23351 Fm 150 - Photo 1
View all 38 photos
1 / 38
Active

$1,499,900

23351 Fm 150, Driftwood, TX 78619

Howard Sub

Sq Ft2,644
Acres2.00
Year Built1922

About This Property

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 TypeCommercial
MLS #5609635
Days on Market125
Lot Size2.00 acres
Listed8/25/2026
Last Updated8/25/2026

Location

County
Hays
MLS Area
HD

Size

$/Acre
$748,827
Heating
Central, Fireplace(s), Heat Pump
Cooling
Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Flooring
Tile, Wood
Construction Materials
Vinyl Siding
Parking Features
Driveway, Gated, Paved

Location

You Might Also Like

Listing provided by Melony Coffman · Coffman Real Estate · (512) 968-0361

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$1,499,900