4004 Highway 290Dripping Springs, TX 78620

For Sale
$2,800,000 View listing
  • Commercial real estate
  • 2,172 SF

Property Details for 4004 Highway 290

Year built
1994
Lot size
1.69 AC
Property size (Sq ft)
2,172 SF
Property type
Commercial real estate
APN
R44783
APU
R44783

Description

This exceptional 8,721 square foot office building, situated on a 1.69-acre lot in Dripping Springs, Texas, presents a unique investment opportunity. Built in 1994 and renovated in 2007, the two-story building boasts ten spacious offices, plus workstations, a luxurious executive office, a conference room, a full kitchen breakroom, a dedicated work area, and a separate storage area. The property includes an elevator, ADA-compliant restrooms, and a server room. Ample parking is available with approximately 75 spaces, and an additional outbuilding provides extra storage. Located on Highway 290, this property offers unparalleled visibility and high traffic counts between Dripping Springs and Austin. The building also features a courtyard with a fireplace. Previously used as a corporate office, this versatile property is suitable for various business types and could be adapted for flexible space needs. The property benefits from its prominent location and the planned expansion of US 290 by TXDOT. This is an excellent opportunity to establish or expand your business in a prime location with exceptional visibility and accessibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $774,970
    Hospitality
    $709,868
    Educational
    $590,602
    Medical
    $610,914
    Retail
    $918,714
4004 Highway 290, Dripping Springs, Texas

Location Insight

City
Dripping Springs
County
Hays
State
Texas
Latitude
30.1965
Longitude
-98.0185
CBSA code
12420
CBSA name
AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,956
$1,316,610
$359,070
$1,675,680
-
$1,316,610
$359,070
$1,675,680

FAQs

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