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519 Old Fitzhugh RD,  Dripping Springs TX, 78620

(Active)
$1,499,000
|
829 sqft
|
MLS# 4755692
Last Updated: 5/18/2024 5:50 AM
Description for 519 Old Fitzhugh RD Dripping Springs, TX 78620
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.
Price
$1,499,000
None
Hays
829 (approx)
4755692
Active
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.
Listing Information
Property Type: Mixed Use, Business Opportunities, Other
2.91 Acres 829 (approx) 1940
Frame,Wood
None
Pillar/Post/Pier
Public
Public Sewer
Cable Available, Electricity Available, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Mixed Use
Neighborhood
Room Information
Interior Features
Wood
None
Other, None
Exterior / Lot Features
20 Parking Spaces, Gravel
Wood, Frame
Driving Directions
From intersection of Hwy 290 and RR 12, head North on RR 12, turn left at light on Mercer. Drive to Old Fitzhugh Rd (first street on right), turn right (north). Drive approx 1500 ft. Property will be on left side (west side) of road.
Financial Considerations
1004150099000004
$5,233
Conventional
Listing Price History

Dripping Springs Real Estate

Dripping Springs is located in Texas. Dripping Springs, Texas 78620 has a population of 4,119.

The median household income in Dripping Springs, Texas 78620 is $120,408. The median household income for the surrounding county is $75,051 compared to the national median of $66,222. The median age of people living in Dripping Springs 78620 is 33 years.

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Courtesy: Ranches and Rivers Realty, (512) 263-2244
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS
This content last refreshed on 5/18/2024 5:50 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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