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920 Creek RD
Dripping Springs, TX 78620
For Sale $450,000
Listed 65 days ago for $450,000- Status: Active Under Contract
- Property Type: Multi Family
- County: Hays
- School District:
- Subdivision: A0415 PHILIP A SMITH SURVEY
- Built: 1990
- Lot Size: 2.37 acres
- Building SqFt: 2.37
- $/Building SqFt: 189873.42
- Heating: Electric
- Cooling: Electric
In the heart of central Dripping Springs lies a vast parcel of land ripe for development and investment. Despite its current SF1 zoning, neighboring properties are shifting towards Multifamily zoning, indicating potential for versatile use. The property includes a mobile home of minimal value but offers an expansive canvas for ambitious ventures, supported by essential utilities like PEC power, septic, and DS Water Corp water. With prominent frontage on Creek Road, it enjoys prime positioning in a rapidly gentrifying locale, promising future appreciation. The seller is open to leaseback arrangements post-sale. A property survey is unavailable. Beyond its tangible features, the property symbolizes transformation and prosperity. As Dripping Springs evolves, it beckons investors and developers to shape its future. With foresight and diligence, this land offers a chance to leave a lasting mark on central Dripping Springs. In essence, this property embodies potential and opportunity. Possible re-zoning to SF-4 or lot subdivide for premium home sites. Please contact the City of Dripping Springs Planning Department to verify potential uses for the property.
- Construction Materials
- HardiPlank Type
- Building Features
- None
- Utilities
- Electricity Connected, Phone Connected
- Zoning Description
- SF-1 Currently. Possible re-zoning to SF-4 or lot subdivide for premium home sites.
- Restrictions
- Zoning
- Listing ID
- 6471902
- Sub Agency Compensation
- 0.000%
- Buyer Agency Compensation
- 3%
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.