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Prime opportunity just one minute from downtown Dripping Springs with high-visibility FM 150 frontage in the heart of one of Central Texas' most dynamic growth corridors. Positioned on 2 level, usable acres with city water and an oversized septic system in place, this property offers the infrastructure and exposure ideal for immediate hospitality, event, office, or mixed-use commercial conversion. Previously operated as a successful bed and breakfast and event venue, the site is already optimized for income-producing operations. Its flexible configuration supports a wide range of concepts including a wedding/event venue, corporate retreat center, wellness facility, restaurant or cafe, boutique lodging, professional office suites with shared conference space, creative studio collective, or live/work development. Mature trees, multiple patios, and garden areas create natural settings for outdoor ceremonies, patio dining, event installations, and expanded gathering areas, while strong FM 150 traffic exposure and public road access enhance long-term visibility. With ample room for potential parking expansion, the site offers rare turnkey potential within the booming Driftwood/Dripping Springs corridor. The estate includes two substantial structures approximately 6,000+ sq ft: fully renovated 4 bedroom, 4 bath main building and converted historic barn guest hall featuring 3 bedrooms, 3 full baths, separate kitchen and living area, and expansive central hall designed for receptions, conferences, dining service, or large-scale gatherings. Each of the seven bedrooms includes a private full bath, allowing seamless conversion to executive offices, private therapy suites, short-term rental accommodations, or boutique hospitality units. *Buyer and Buyer's Agent are responsible for conducting all due diligence and verifying all information, including but not limited to: property condition, zoning, permits, taxes, capacity regulations, utility access and square footage.*
| LAST UPDATED | 2/27/2026 | TRACT | Howard Subdivison |
|---|---|---|---|
| YEAR BUILT | 1922 | COMMUNITY | Howard Subdivison |
| COUNTY | Hays | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Walnut Springs |
|---|---|
| Jr. High School | Dripping Springs Middle |
| High School | Dripping Springs |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Oven, Electric Range, Free-Standing Electric Oven, Range, Refrigerator, Stainless Steel Appliance(s) |
| AREA | HD |
| BARN/EQUESTRIAN | Yes |
| CONSTRUCTION | Vinyl Siding |
| EXTERIOR | Garden, Private Yard |
| FIREPLACE | Yes |
| HEAT | Central, Fireplace(s), Heat Pump |
| INTERIOR | Beamed Ceilings, Ceiling Fan(s), High Speed Internet, Kitchen Island, Master Downstairs, Natural Woodwork |
| LOT | 2 acre(s) |
| LOT DESCRIPTION | Garden, Level, Native Plants |
| PARKING | Driveway, Gated, Paved |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 2 |
| SUBDIVISION | Howard Subdivison |
| TAXES | 19235 |
| UTILITIES | Electricity Connected, Water Available, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Rural |
| WATER | Public, See Remarks |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Melony Coffman, Coffman Real Estate
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 3/3/26 6:22 AM PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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.
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.
This IDX solution is (c) Diverse Solutions 2026.