23351 Fm 150 W, 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#
21365468
Bedrooms
7
Bathrooms
9
Living Area
2,644
Lot Size
87,250

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

Taxes
$19,923
Year Built
1922
Interior Features
Kitchen Island, Pantry, Natural Woodwork
Roof
Composition, Shingle
Appliances
Dishwasher, Electric Oven, Electric Range
School District
Dripping Springs Isd
Elementary School
Walnut Springs
High School
Dripping Springs
Middle School
Dripping Springs
Sewer
Septic Tank
Stories
2
Street Name
Fm 150 W
Street Number
23351
Water
Public
Acres
2.00
County
Hays
Foundation
Pillar/Post/Pier
Heating
Central, Fireplace, Heat Pump
Lot Description
Cleared, Level

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Calculator source: Real Geeks

Listing courtesy of Jeff Coffman from Coffman Real Estate. Contact:

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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