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3980 Highway 290 Hwy 4.43 Acres of Commercial Land Offered at $2,204,768 CAD in Dripping Springs, TX 78620
Investment Highlights
- Shovel-ready: ~20,000 SF approved commercial; 21-sheet civil plan set complete (Flake Engineering, Jan 2025)
- WTCPUA water — 5 LUEs reserved; OSSF septic design complete; TxDOT driveway permit #24-44660
- Direct US 290 frontage in Dripping Springs — 49,000+ VPD current, 84,700+ VPD projected by 2040
Executive Summary
Entitlements transferring with sale include: approved site plan (4 buildings, ~20,000 SF), complete civil construction plans, architectural concept plans and renderings, TxDOT driveway permit #24-44660 (36' commercial driveway, 25' radii), executed and recorded drainage easement, WTCPUA water service commitment for 5 LUEs reserved, OSSF (on-site septic) design sized for the approved program, geotechnical report by Alliance Geotechnical, and boundary survey of Lot 25 (4.425 acres) by Allstar.
Jurisdiction: City of Dripping Springs ETJ — Commercial Use. No city zoning applies; the site is governed by Hays County and Dripping Springs ETJ standards. TCEQ jurisdiction applies; WPAP status to be confirmed by buyer.
Location: US 290 is the primary artery from downtown Austin to Dripping Springs and the Texas Hill Country. Current traffic volumes are 49,000+ VPD, with TxDOT's 2040 Transportation Master Plan forecast at 84,700+ VPD. The site sits ~2 miles east of Belterra Village — the dominant retail node on the corridor, anchored by H-E-B and 50+ national and regional tenants. TxDOT's ~$741M US 290 Oak Hill Parkway project will convert 290 to a limited-access freeway with grade-separated interchanges.
Demographics (2024, 3-mile radius): population 16,828 (13.2% growth 2020–2024); average household income $178,180; median household income $142,802. 7-mile annual consumer expenditures of $4.26B.
Asking price: $1,600,000 ($361,174/acre, $8.30/land SF).
Buyer to conduct independent verification of all entitlements, permits, and utility commitments. Seller makes no warranty as to transferability of individual permits.
Offered exclusively by Steven Owen, SCORE Property Group · Compass — 512-921-5220 · steven.owen@compass.com.
Property Facts
1 Lot Available
Lot
| Price | $2,204,768 CAD | Lot Size | 4.43 AC |
| Price Per AC | $497,690.29 CAD |
| Price | $2,204,768 CAD |
| Price Per AC | $497,690.29 CAD |
| Lot Size | 4.43 AC |
Description
Fully entitled, shovel-ready 4.43-acre commercial development site (Lot 25, Sunset Canyon Section II-C, Hays County, TX) with direct US 290 frontage in Dripping Springs. Approved program: ~20,000 SF across four ~5,000 SF buildings per Flake Engineering civil plans (21-sheet set, January 2025; Project #025-003). Jurisdiction: City of Dripping Springs ETJ — Commercial Use; governed by Hays County and DS ETJ standards (no city zoning). TCEQ jurisdiction applies. Water: WTCPUA — 5 LUEs reserved. Wastewater: OSSF septic design complete. Utilize the existing approved plans, or come with your own development concept. Access: TxDOT driveway permit #24-44660 — 36' commercial driveway with 25' radii. Recorded drainage easement in place. Included documents at closing: civil construction plans, architectural concept plans and renderings, approved site plan, geotechnical report (Alliance), TxDOT permit, executed drainage easement, WTCPUA water commitment, OSSF septic design, and Allstar boundary survey. Buyer may build the approved ~20,000 SF program or develop a custom concept on the fully entitled site. Buyer responsible for confirming permitted uses under ETJ and Hays County regulations.
Presented by
3980 Highway 290 Hwy
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