This beautiful multi-generation ranch consists of 86 acres and three custom homes built in 1980, 1996 and 2004. Situated 3.5 miles west of Ranch Road 12 on W. U.S 290, this location provides convenient access to many area attractions including restaurants, wineries, distilleries, the town of Dripping Springs,and its highly rated school system. This property has both open fields as well as denser stands of oaks and cedar which support an abundance of wildlife. The varied terrain gradually slopes upward from 290 to the north providing scenic views of the Texas hill country. Bound on the south by approximately 700 lineal feet of highway frontage and on the east by a caliche road providing ample points of access for any conceivable future use as well as the existing homes. Development potential includes but is not limited to: residential subdivision, commercial business center, corporate campus, special events venue or winery/distillery.
The Austin MSA population surpassed 2.0 million people in 2016 and with continued growth projected to exceed 3.1 million people by 2030. The trend of business and residential communities being developed west of Austin along the 71 and 290 corridors is expected to continue as a result of this explosive population growth. Traffic count along U.S Highway 290 has grown steadily since 2010 and increased over 10% from 2014 to 2016. Correspondingly, land prices have increased as people move further west of Austin to enjoy the hill country lifestyle making this tract an attractive investment opportunity.
Hwy 290W thru Dripping Springs approx 3.4 miles W. of RR12 - Property on Right (North side of Hwy) before McGregor Ln. and next to Malone's Diesel Service. Has approx 690' highway frontage