23351 FM 150 NONE W

Driftwood, 78619
Updated Oct 19, 2026 • On market 76 days
$1,499,900
1922 Built
76 Days on Market

About This Property

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, and feasibility of any proposed commercial, residential, hospitality, or mixed-use operation. Owner financing available, see agent for details.

Property Details

Interior

  • Bedrooms 0
  • Half Baths 0
  • Living Area — Sq Ft

Property

  • Year Built 1922
  • Property Type Commercial Sale
  • Sub Type Mixed Use
Listed by Coffman Real Estate
MLS# 5609635

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