Share This Listing

Message

920 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • US Highway 290 traffic volumes are projected to double by 2045
  • Income-Producing, Redevelopment-Ready Commercial Land
  • National Retailer Validation & Surging Demand

Executive Summary

PRIME COMMERCIAL OPPORTUNITY | 3000 W Highway 290, Dripping Springs, TX 78620
Rarely does a commercial opportunity of this caliber come to market. Situated along the high-traffic US Highway 290 corridor in Dripping Springs, Texas: one of the fastest-growing communities in the United States. This 15± acre tract represents a generational investment in one of the most sought-after growth markets in the country. Currently home to the Dripping Springs Country Club, the property is fully operational and income-producing while offering extraordinary potential for redevelopment, mixed-use, or large-scale commercial projects.
PROPERTY HIGHLIGHTS:
• 15± Acres of prime Highway 290 frontage
• Currently operating as the Dripping Springs Country Club
• Zoned / Proposed Use: Commercial
• Surrounded by explosive residential and commercial growth
• Minutes from a new Target development currently under construction
• Exceptional visibility and access along one of Texas's most traveled Hill Country corridors

LOCATION & MARKET:
Dripping Springs has earned its place on the national stage as one of the fastest-growing cities in the United States. Positioned along the US 290 corridor, the primary gateway connecting Austin to the Texas Hill Country, this property benefits from explosive population growth, rising household incomes, and surging demand for retail, dining, entertainment, and mixed-use development.
The immediate trade area is experiencing transformational change, with major national retailers planting flags in the submarket. A new Target store is currently under construction just down the road, a powerful signal of the area's demographic strength and retail demand. Where Target goes, other national and regional tenants follow making this an ideal time to secure a premier development site before land values climb further.
DEVELOPMENT POTENTIAL:
This property is a developer's dream. With 15± acres of contiguous land and direct Highway 290 frontage, the possibilities are virtually limitless:
• Retail center or lifestyle shopping destination
• Restaurant row or food & beverage entertainment district
• Hotel or hospitality development
• Medical or professional office campus
• Mixed-use development combining retail, dining, and residential
• Event venue, entertainment complex, or recreation facility
• Self-storage or light industrial (subject to entitlements)
• Master-planned commercial subdivision
The scale and location of this site provide the flexibility to accommodate a single-tenant anchor, a multi-tenant development, or a phased mixed-use project designed to serve the rapidly expanding local population.
WHY DRIPPING SPRINGS?
Dripping Springs is no longer a hidden gem. It is a destination. Known as the "Gateway to the Hill Country," this community has attracted a wave of affluent residents, young families, and businesses relocating from the greater Austin metro. With top-rated schools, a vibrant local culture, and proximity to Austin's tech economy, Dripping Springs commands premium real estate values that continue to rise.
US Highway 290 traffic volumes are projected to double by 2045, cementing this corridor's role as one of Central Texas's most important commercial arteries for decades to come. This is the kind of opportunity that defines a portfolio. Don't miss your chance to own a landmark piece of Texas Hill Country's most dynamic growth corridor.
For more information, contact your commercial real estate representative.
*All proposed uses to be verified by buyer*

Property Facts

Price $8,832,005 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 15.03 AC
No. Stories 1

1 Lot Available

Lot

Price $8,832,005 CAD
Price Per AC $587,625.09 CAD
Lot Size 15.03 AC

The property sits along one of the most prominent and rapidly growing corridors in the Texas Hill Country. US Highway 290 serves as a crucial artery supporting commercial activity and residential life from Austin to the Texas Hill Country.

Description

PRIME COMMERCIAL OPPORTUNITY. Rarely does a commercial opportunity of this caliber come to market. Situated along the high-traffic US Highway 290 corridor in Dripping Springs, Texas: one of the fastest-growing communities in the United States. This 15± acre tract represents a generational investment in one of the most sought-after growth markets in the country. Currently home to the Dripping Springs Country Club, the property is fully operational & income-producing while offering extraordinary potential for redevelopment, mixed-use, or large-scale commercial projects. This property benefits from explosive population growth, rising household incomes, & surging demand for retail, dining, entertainment, & mixed-use development. The immediate trade area is experiencing transformational change, w/ major national retailers planting flags in the submarket. A new Target store is under construction just down the road, a powerful signal of the area's demographic strength & retail demand. Where Target goes, other national & regional tenants follow, making this an ideal time to secure a premier development site before land values climb further. This property is a developer's dream. The scale & location provides flexibility to accommodate a single-tenant anchor, a multi-tenant development, or a phased mixed-use project designed to serve the rapidly expanding local population. Dripping Springs is no longer a hidden gem, it is a destination. Known as the "Gateway to the Hill Country," this community has attracted affluent residents, young families, & businesses relocating from the greater Austin metro. With top-rated schools, a vibrant local culture, & proximity to Austin's tech economy, Dripping Springs commands premium real estate values that continue to rise. US Highway 290 traffic volumes are projected to double by 2045, cementing this corridor's role as one of Central Texas's most important commercial arteries for decades to come.

Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
R15088
Land Assessment
$575,626 CAD
Improvements Assessment
$426,298 CAD
Total Assessment
$1,001,924 CAD
  • Listing ID: 40382959

  • Date on Market: 2026-05-03

  • Last Updated:

  • Address: 3000 W Hwy 290, Dripping Springs, TX 78620

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}