519 Old Fitzhugh RD Active

Dripping Springs,TX 78620

$ 1449000

0 Bed

0 Bath

829 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 829 sqft

Price per Sqft $1,747

MLS Listing ID 4560452

Originating Board actris

Year Built 1940

Annual Tax Amount $5,233

Tax Year 2023

Lot Size 2.910 Acres

Property Description

Incredible opportunity for commercial development just a short walk from the heart of historic downtown Dripping Springs, one of the fastest growing communities in Central Texas. With the revitalization plan of the Old Fitzhugh/Mercer corridor the city projects to start in 2025, this property is at the forefront of what is sure to soon become some of the most sought after real estate in Dripping. The lot is a total of 2.9 acres boasting huge oak trees and native grasses. It is currently zoned Commercial-LR and on city water and waste water with 2 LUE’s. Flood plain study and Certificate of Appropriateness from Historic Preservation Commission have recently been completed for the development of a tasting room and/or restaurant. The possibilities are endless on this stunning tract of land in downtown Dripping Springs.

Location

State TX

County Hays

Zoning Local Retail (LR)

Interior

Heating None

Cooling None

Flooring Wood

Fireplace N

Exterior

Utilities Available Above Ground,Cable Available,Electricity Available,Phone Available,Sewer Available,Sewer Connected,Water Available,Water Connected

Waterfront No

Accessibility None

Parking Type Gravel

Total Parking Spaces 20

Building

Foundation Pillar/Post/Pier

Sewer Public Sewer,See Remarks

Water Public

Structure Type Frame,Masonry – Partial,Wood Siding

New Construction No

Others

Restrictions City Restrictions,Zoning

Acceptable Financing Cash,Conventional,SBA,USDA Loan

Tax Rate 2.06

Listing Terms Cash,Conventional,SBA,USDA Loan

Special Listing Condition Standard

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