18400 FM150, Driftwood, TX 78619 - Hays County

This unrestricted 10 acres abutting FM-150 and Onion Creek in Driftwood, TX offers an opportunity to stake your claim on a highly versatile tract centered along a corridor of the Hill Country experiencing a renaissance period of growth for businesses, upscale living communities, luxurious amenities and evolving infrastructure. The site is primed for a variety of commercial development ventures.

Location and Access:

The location is logistically advantageous for business owners, daily commuters or land banking investors who wish to be positioned centrally to numerous booming markets that can be quickly accessed via direct frontage on a major thoroughfare and be neighbors to some headline attractions.

MSA Proximities: 10 min. to downtown Dripping Springs (HEB Grocery); 30 min. to Austins downtown and airport; 25 min. to Buda and Kyle (ranked top three fastest growing cities nationally)

Local Attractions: 5 min. to Discovery Land Cos luxurious 800AC Driftwood Golf and Ranch Club, the famous Salt Lick BBQ, and Fall Creek Vineyards

Access: 311 front feet along FM-150 (2021 AADT: 4699). FM 150 serves as a primary East to West connector route through Hays County between Dripping Springs and the I-35 Corridor. Under 1mi. to FM-150/1826. TXDots Long Term Transportation plan calling for extension/realignments to FM-150 and FM-1826 to support projected growth and enhanced mobility.

Site Planning:

A conceptual grading plan was professionally engineered (conceptual & not permitted) to layout a potential use case for the site which accounts for 26,400SF of leasable flex/office/light industrial space plus secured outdoor storage, 47 parking spots, a TXDot permitted FM-150 declaration lane to support large trucks/equipment, utility locations, drainage/floodplain/topo contours. The space maximizes land use outside of 500yr FP.

While most of the land has been cleared of trees to dampen make ready site costs, the trees that are left serve to dampen road noise until the time of construction, preserve privacy along fence lines and maintain the landscape along the private trail spanning 645 of Onion Creek. Just recently, a layer of fill dirt was applied to improve site leveling and a new base was added to the entry road.

Utilities and Improvements:

1152 SF two story garage apartment built in 2000 which is currently under a month to month lease. There is a 576SF 1/1 apartment with an attached balcony with a view, and a 576SF double bay garage that can be used for storage/workshop. It is positioned near the front of the property out of the way of any development one would wish to add elsewhere.

The connected utilities include a private on site well, conventional septic system, and power. A holding tank and/or rain water catchment system can be installed to supplement capacity needs until if/when public utilities are available.

Misc. Property Highlights:

Parcel ID: R20555

Legal Description: J V ASH JR SUBD, LOT 3, ACRES 10

Tax Rate: 1.87 (non-exempt)

Est. Avg. Utility Usage: $110/month

FEMA Floodplain: 100 and 500yr present

Aquifer: Trinity - Edwards Aquifer Contributing Zone

Jurisdiction: Dripping Springs ETJ - Unzoned

School District: Dripping Springs ISD

*Buyer Disclaimer: The information contained herein has been gathered from sources deemed reliable; however, TexasLand, a group at Keller Williams Realty and its associates, members, agents and employees cannot guarantee the accuracy of such information. No representation is made as to the possible investment value or type of use. Prospective buyers are urged to verify all information to their satisfaction and consult with their tax and legal advisors before making a final determination. Real Estate buyers are hereby notified that properties in the States of Texas are subject to many forces and impacts, natural and unnatural; including, but not limited to weather related events, environmental issues, disease (e.g. Oak Wilt, Chronic Wasting Disease, or Anthrax), invasive species, illegal trespassing, previous owner actions, actions by neighbors and government actions. Prospective buyers should investigate any concerns to their satisfaction.