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$950,000
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Property Description
Prime Opportunity! 7.08 Acres on FM 150 in Driftwood, TX - Build a Home, a Business, or Both Welcome to Lot 1-ABFM 150, a versatile and scenic 7.08-acre property in the heart of Driftwood, offering the best of Hill Country living with minimal restrictions and no HOA. Whether you're dreaming of a custom home, a barndominium, or a live/work setup, this mostly cleared lot with multiple build sites offers incredible potential. With direct frontage on FM 150, one of the area's main corridors, the property also presents exciting possibilities for light commercial use, including a warehouse, workshop, home-based business, or even a future boutique or restaurant-subject to approval. The location balances privacy with accessibility, making it ideal for entrepreneurs or landowners seeking flexibility in use. Enjoy low property taxes thanks to an existing Ag exemption, and rest easy knowing you're within the highly sought-after Dripping Springs ISD. Plus, an adjacent 7.08-acre lot (Lot 1-AA) is also available-offering a rare opportunity to expand your footprint with over 14 acres of usable land. Buy one or both for a family compound, mixed-use investment, or future development.
Full Property Details
Full Property Details for Tbd Lot 1-Ab Fm 150
General
- Price: $950,000
- Taxes: $16 (2024)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 4633645
- Updated: 12/17/2025
- Added to Site: 164 day(s) ago
Additional Information
- Shared Amenities: None
Location
- Area: HD
- County: Hays
- Subdivision: Burke Subdivision
- Driving Directions: From Austin/Dripping Springs: Hwy 290 to Ranch Rd 12 South, left on FM 150 and property will be on left/north side of FM 150.
School Information
- Elem School District: Dripping Springs ISD
- Midd School District: Dripping Springs ISD
- High School District: Dripping Springs ISD
- Elementary School: Cypress Springs
- Middle School: Sycamore Springs
- High School: Dripping Springs
Utilities
- Sewer: None
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Sewer Not Available
Structural Information
- Detached/Attached: Detached
- Property Condition: See Remarks
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 7.08
- Lot Size (Sq. Ft.): 308,404.8
- Topography: Level
- Lot Features: See Remarks, Flat
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: See Remarks
Financial Considerations
- Assessment Amount: $1,060
- Tax Amount: $16.58
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Deed Restriction, Survey
- Legal Description: BURKE SUBDIVISION, LOT 1-AB, ACRES 7.08, *REPLAT OF LOT 1-A
- Disclosures/Reports: Other
- Property ID: 1110400000001AB4
- Lot Number: 1-AB
Listed by Coffman Real Estate
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Price & Sales History for Tbd Lot 1-Ab Fm 150
Date
Details
Price
Change
Source
8/08/2025
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for Tbd Lot 1-Ab Fm 150
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,005
107%
$466,810
—
2023
$3,870
100%
$466,810
100%
2022
—
$233,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Tbd Lot 1-Ab Fm 150
Tbd Lot 1-Ab Fm 150, Driftwood, TX 78619 (MLS# 4633645) is a Lots/Land property with a lot size of 7.08 acres. Tbd Lot 1-Ab Fm 150 is currently listed for $950,000 and was received on August 08, 2025. Want to learn more about Tbd Lot 1-Ab Fm 150? Do you have questions about finding other Lots/Land real estate for sale in Driftwood? You can browse all Driftwood real estate or contact a Coldwell Banker agent to request more information.

