27320 Ranch Road 12, Dripping Springs, TX 78620
P A Smith Surv Abs #415 · Hays County
Key Facts
Description
Whether you're an owner-user looking to establish your headquarters or an investor seeking a promising asset, this property seamlessly caters to both aspirations. Situated in the heart of Dripping Springs, adjacent to the Home Depot and just a few blocks south of the Hwy 290/RR12 intersection, this charming condo complex has undergone an extensive transformation and is ready for its next chapter. Perfect for a wide range of office users, from insurance and tech to law, mortgage, esthetician, architecture, therapy, medical, and more. Would also be great for a hospitality type business such as a coffee shop, juice bar, lounge, etc. This is a prime location to serve Dripping Springs, Austin, Kyle, Buda, Driftwood, Wimberley, and beyond. High speed internet, beautiful trees and landscaping, and CS zoning; which is the highest and best zoning you can have for commercial use. City approved parking lot permit is also in hand for 24 parking spots. Don't miss out on the chance to put down roots in the thriving community of Dripping Springs, where a harmonious blend of history and progress creates an ideal environment for success.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
2013
Living Area
2,813 sq ft
Lot Size
1.03 acres
Parking Spaces
20
Days on Market
945
MLS® Listing#
3175362
Property Features
Interior
Cooling
Heating
Flooring
Parking
Construction
Security
Other Structures
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$10,979
Tax year 2023
Assessed Value
$652,820
Parcel Number
1004150153000004
Directions
From RR12/Hwy 290 Intersection: Head S on RR12 and property will be on the Left in approx. 0.3 miles.
Affordability Calculator
$480,000
Estimated monthly payment
$12,774/mo
Principal $1,920,000 · Est. interest $2,678,571 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Dripping Springs, TX
- $493,182
- Median Listing Price
- 80
- Median Days on Market
- 2,162
- Median Sq Ft
- $225
- Median Price / Sq Ft
- 615
- Active Listings
- This home’s price is 387% above the area median.
- Its price per sq ft is 279% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Dripping Springs, TX.
Location
Points of Interest in Dripping Springs, TX
Showing the Dripping Springs area map.
Nearby Schools
Dripping Springs ISD
Elementary · 0.5 mi away
Walnut Springs Elementary
Elementary · 0.7 mi away
Skybridge Academy
School · 0.7 mi away
Appamada School
Secondary · 0.7 mi away
Dripping Springs High School
Secondary · 1.0 mi away
Sunrise Christian Schoolhouse
School · 1.3 mi away
Walnut Springs Elementary School
Elementary · 1.9 mi away
Dripping Springs Elementary
Elementary · 1.9 mi away
Over Yonder Nature School
School · 2.7 mi away
The Episcopal Church of the Holy Spirit
School · 2.7 mi away
Sycamore Springs Elementary
Elementary · 5.2 mi away
Primrose Schools
Elementary · 5.2 mi away
Rooster Springs Elementary School
Elementary · 6.2 mi away
Escuela Hispanoamericana de Texas
School · 6.8 mi away
The Prep School of Dripping Springs
School · 6.9 mi away
School on the Rise
School · 7.6 mi away
Shiksha USA
School · 8.1 mi away
Baldwin Elementary
Elementary · 9.8 mi away
Bee Cave Middle School
Secondary · 10.1 mi away
Cedars Montessori School
Elementary · 10.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4225 E Highway 290, Dripping Springs, TX | $1,690,000 | — | — | 3,326 |
| 1051 Trailhead CIR, Dripping Springs, TX | $1,699,000 | 4 | 4 | 3,872 |
| 1430 S Broadway Street, Sulphur Springs, TX | $1,700,000 | — | — | 1,500 |
| 4016 McGregor LN, Dripping Springs, TX | $1,700,000 | 3 | 2 | 1,720 |
| 3501 Pursley RD, Dripping Springs, TX | $1,747,000 | 3 | 2 | 2,178 |
| 3501 Pursley RD, Dripping Springs, TX | $1,747,000 | 3 | 2 | 2,178 |
Moving Cost Estimate
Listing Courtesy: Friedman Real Estate, Inc. - (512) 892-9934
Last Updated: 2023-12-05