23351 Fm 150

Driftwood, TX 78619 · Hays County

$1,499,900Price
2,644Sq. Ft.
$567/ Sq. Ft.
23351 Fm 150
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▶ Virtual Tour

Description

Strategic commercial or mixed-use opportunity approximately one minute from downtown Dripping Springs, offering prominent FM 150 frontage in a growing Central Texas corridor. Set on 2 level, usable acres, the property includes city water, an oversized septic system, public-road access, mature trees, patios, and garden areas. Existing improvements offer a flexible foundation for an owner-user, investor, or hospitality operator. Previously operated as a bed-and-breakfast and event venue, the property includes approximately 6,000+ square feet across two structures. The renovated main building offers four bedrooms and four full baths. A converted historic barn features three additional bedrooms, three full baths, a separate kitchen and living area, and an expansive central hall suitable for receptions, conferences, dining, training, or large gatherings. Seven private bedroom-and-bath suites offer possibilities for boutique lodging, professional offices, wellness or therapy suites, short-term accommodations, or live-work use. The gathering areas, patios, and landscaped grounds may also support an event venue, corporate retreat center, restaurant or café, creative studios, or multi-tenant professional space. High-visibility frontage provides valuable business exposure, while the acreage offers potential for additional parking, outdoor gathering areas, or future improvements. With existing infrastructure, versatile improvements, and close proximity to downtown Dripping Springs, this is a compelling opportunity in the Driftwood–Dripping Springs corridor. Buyer and Buyer’s Agent are responsible for conducting all due diligence and independently verifying all information, including property condition, square footage, zoning, permitted uses, development regulations, occupancy and capacity requirements, licenses, permits, taxes, utilities, septic capacity, parking requirements, and feasibility of any proposed commercial, residential, hospitality, or mixed-use operation.

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT244491354
Taxes$20,831 (2025) / year
TypeCommercial Sale
Year Built1922
Living Area2,644 Sq. Ft.
Lot Size2.00 AC / 87,250 SF
CountyHays
SubdivisionHoward Sub

Property Information

Parking

DrivewayGatedPaved

Utilities & Construction

Heat: Central, Fireplace(s), Heat PumpAC: Ceiling Fan(s), Central Air, Wall/Window Unit(s)Tile, Wood

Directions: 290 W TO RR12- LEFT ON 12- LEFT ON FM150- HOME ON RIGHT

Location

Property History

DateEventPrice
Aug 25, 2026 Listed (Active) · MLS# ACT244491354 $1,499,900

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Tax Record 2025$20,831
Total Sq. Ft.2,644
Year Built1922
Total Sq. Ft.2,644
Lot Size87,250 Sq. Ft.
StyleCommercial Sale
CountyHAYS
MLS #ACT244491354
$1,499,900
23351 Fm 150, Driftwood, TX

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Payment Estimate

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Estimated monthly payment
Principal & Interest—
Property Taxes—

For illustrative purposes only. Contact a lender for accurate figures.