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$1,599,900

Est. payment - /mo

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7 Beds

9 Baths

2,644 SqFt

Active

23351 FM150 W Driftwood, TX 78619

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Ryan Smith

HOMESTEAD AND RANCH REAL ESTATE

ryan@homesteadandranch.com +1(512) 466-1460

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,644 sqft

Price per Sqft $605

Subdivision Howard Sub

MLS Listing ID 21190643

Style Detached

Bedrooms 7

Full Baths 7

Half Baths 2

HOA Y/N No

Year Built 1922

Annual Tax Amount $19,923

Lot Size 2.003 Acres

Acres 2.003

Property Sub-Type Single Family Residence

Property Description

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.*

Location

State TX

County Hays

Direction 290 W TO RR12- LEFT ON 12- LEFT ON FM150- HOME ON RIGHT-SOUTH SIDE OF ROAD

Rooms

Other Rooms Barn(s), Guest House, See Remarks

Interior

Interior Features Built-in Features, Kitchen Island, Natural Woodwork

Heating Central, Fireplace(s), Heat Pump

Cooling Central Air, Ceiling Fan(s), Wall/Window Unit(s)

Flooring Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Den

Fireplace Yes

Appliance Dishwasher, Electric Oven, Electric Range, Refrigerator

Exterior

Exterior Feature Garden

Parking Features Driveway, Gated, Off Street, Outside, Paved

Pool None

Utilities Available Electricity Connected, Phone Available, Septic Available, Water Available

Water Access Desc Public

Roof Type Composition,Shingle

Porch Covered

Road Frontage County Road, Farm to Market Road

Garage No

Building

Lot Description Acreage, Cleared, Level

Dwelling Type House

Story 2

Foundation Pillar/Post/Pier

Sewer Septic Tank

Water Public

Level or Stories Two

Additional Building Barn(s), Guest House, See Remarks

Schools

Elementary Schools Dripping Springs

Middle Schools Dripping Springs

High Schools Dripping Springs

School District Dripping Springs Isd

Others

Tax ID R105740

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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