23351 Fm 150, Driftwood, TX 78619

$1,499,900
7
BD
9
BA
2,644
SqFt

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List Price
$1,499,900
Status
ACTIVE
MLS#
5040882
Price Change
▼ $100,000 1784839962
Days on Market
152
Bedrooms
7
Bathrooms
9
Living Area
2,644
Lot Size
87,120
Area
Dripping Springs/Wimberley, Kyle/Buda/San Marcos

Property Description

Prime opportunity just one minute from downtown Dripping Springs with high-visibility FM 150 frontage in the heart of one of Central Texas’ most dynamic growth corridors. Positioned on 2 level, usable acres with city water and an oversized septic system in place, this property offers the infrastructure and exposure ideal for immediate hospitality, event, office, or mixed-use commercial conversion. Previously operated as a successful bed and breakfast and event venue, the site is already optimized for income-producing operations. Its flexible configuration supports a wide range of concepts including a wedding/event venue, corporate retreat center, wellness facility, restaurant or cafe, boutique lodging, professional office suites with shared conference space, creative studio collective, or live/work development. Mature trees, multiple patios, and garden areas create natural settings for outdoor ceremonies, patio dining, event installations, and expanded gathering areas, while strong FM 150 traffic exposure and public road access enhance long-term visibility. With ample room for potential parking expansion, the site offers rare turnkey potential within the booming Driftwood/Dripping Springs corridor. The estate includes two substantial structures approximately 6,000+ sq ft: fully renovated 4 bedroom, 4 bath main building and converted historic barn guest hall featuring 3 bedrooms, 3 full baths, separate kitchen and living area, and expansive central hall designed for receptions, conferences, dining service, or large-scale gatherings. Each of the seven bedrooms includes a private full bath, allowing seamless conversion to executive offices, private therapy suites, short-term rental accommodations, or boutique hospitality units. *Buyer and Buyer's Agent are responsible for conducting all due diligence and verifying all information, including but not limited to: property condition, zoning, permits, taxes, capacity regulations, utility access and square footage.*

Additional Information

Tax Year
2023
Year Built
1922
Parking Spaces
6
Exterior Features
Garden, Private Yard, See Remarks
Interior Features
Ceiling Fan(s), Beamed Ceilings, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Natural Woodwork, Primary Bedroom on Main
Roof
Composition, Shingle
Appliances
Dishwasher, Electric Range, Electric Oven, Free-Standing Electric Oven, Range, Refrigerator, Stainless Steel Appliance(s)
Construction
Vinyl Siding
Num Fireplaces
1
Region
Dripping Springs/Wimberley, Kyle/Buda/San Marcos
School District
Dripping Springs ISD
Elementary School
Walnut Springs
High School
Dripping Springs
Middle School
Dripping Springs Middle
Sewer
Septic Tank
Stories
2
Street Name
Fm 150
Street Number
23351
Neighborhood
Howard Subdivison
Water
Public, See Remarks
Guest Accommodations
Guest House, Not Connected, Room with Private Bath, Separate Kit Facilities, Separate Living Quarters, See Remarks
Acres
2
County
Hays
Floor
Tile, Wood
Heating
Central, Fireplace(s), Heat Pump
Lot Description
Garden, Level, Native Plants, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)

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Listing courtesy of Coffman Real Estate. Contact: (512) 894-4043

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