231 Frog Pond LnDripping Springs, TX 78620

Property Details for 231 Frog Pond Ln

Year built

2019

Lot size

1.92 AC

Property size (Sq ft)

1,140 SF

Property type

Commercial real estate

APN

R86721

APU

R86721

Description

This exceptional mixed-use property, located on Hwy 290 in Dripping Springs, Texas, offers 6,000 square feet of space on a 1.916-acre lot. Built in 2020, this Class B building features two stories and boasts 2,940 square feet of net rentable space, priced at $316.67 per square foot. The asking price is $1,900,000. The property includes 20 parking spaces and a 50,000-gallon rainwater collection system. Zoned ETJ, it's ideal for owner-users seeking a versatile space. The building features three separate HVAC systems and electrical meters, allowing for division into three independent units, perfect for retail, office, or light industrial uses. High ceilings (20+ ft), multiple roll-up doors, and five bathrooms add to its appeal. This prime location offers excellent visibility and high traffic counts, making it an attractive investment opportunity in a rapidly growing area, conveniently located within a 30-minute drive of Austin. The property is currently listed as a short sale opportunity. Additional features include a secure alarm system and a food truck lot with its own electrical hookup. This property is priced below the Appraisal District Market Value.

• Alternative Use

  Use

  Valuation

  Residential

  $406,752

  Hospitality

  $372,583

  Educational

  $309,985

  Medical

  $320,645

  Retail

  $482,198

Location Insight

City

Dripping Springs

County

Hays

State

Texas

Latitude

30.193

Longitude

-98.0389

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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