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$7,000,000 Just Listed
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Property Description
Truly exceptional 51.5+/- acre opportunity five minutes from downtown Dripping Springs. This unrestricted tract offers excellent road frontage, strong topography, and outstanding versatility, ideal for commercial, residential (single or multi-family), or mixed-use development. With multiple prime building sites and gently rolling terrain, the property provides flexibility for a wide range of development concepts or a private estate. The expansive acreage allows for potential subdivision into smaller parcels, making it a compelling investment for developers or long-term holders. The land is dotted with mature oak trees and hardwoods, offering both natural beauty and functional shade, with ample room for horses or agricultural use. Currently AG-exempt for low taxes, the property also benefits from key infrastructure advantages: potential access to Phase 3 of the City of Dripping Springs sewer line, which extends to the Northeast property boundary, and city water located directly across the street. LUEs will convey with the property (see agent for details). Located in one of the fastest-growing corridors between Austin and Dripping Springs, this property presents a rare opportunity to acquire a large, unrestricted tract with strong development fundamentals and long-term upside. Information provided is deemed reliable but not guaranteed. Buyer and Buyer's Agent to independently verify all information including measurements, zoning, utilities, schools, and taxes.
Full Property Details
Full Property Details for Tbd W Fm150
General
- Price: $7,000,000
- Taxes: $33 (2025)
- Status: Active
- Type: Agricultural Land
- Source: Austin_MLS
- MLS ID: 5041024
- Updated: Today (2/27/2026)
- Added to Site: Today
Additional Information
- Equipment: None
Parking
- Parking Features: None
Location
- Area: HD
- County: Hays
- Subdivision: THOMAS R JACKSON SURVEY
- Driving Directions: From Dripping Springs head South on RR12 to the intersection of FM150. Continue on FM150 for 1.75 miles and the property will be on the right side of the road right after the big bend in FM150.
Utilities
- Sewer: See Remarks
- Water: See Remarks
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Detached
- Square Feet: 2,243,340
- Sq. Ft. Source: See Remarks
- Current Bldg. Use: See Remarks
- Year Built Source: Public Records
- Property Condition: See Remarks
Additional Structures
- Other Structures: None
Lot Features
- Property View: Hills, Panoramic, Rural, Trees/Woods
- Lot Size (Acres): 51.5
- Lot Size (Sq. Ft.): 2,243,340
Financial Considerations
- Assessment Amount: $2,050
- Tax Amount: $33.52
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Survey, Water/Well Report
- Legal Description: A0009 THOMAS R JACKSON SURVEY, TRACT PT 2, ACRES 12.5, (AKA PT OF TR 6), ABS 9 THOMAS R JACKSON SURVEY 15.00 AC GEO#90400119, A0009 THOMAS R JACKSON SURVEY, AKA TRACT 5, ACRES 24.00
- Disclosures/Reports: Other
- Property ID: 1000090073000084
Listed by Coffman Real Estate
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Price & Sales History for Tbd W Fm150
Date
Details
Price
Change
Source
2/27/2026
Listed
$7,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Tbd W Fm150
Tbd W Fm150, Driftwood, TX 78619 (MLS# 5041024) is a Agricultural Land property. Tbd W Fm150 is currently listed for $7,000,000 and was received on February 27, 2026. Want to learn more about Tbd W Fm150? Do you have questions about finding other Agricultural Land real estate for sale in Driftwood? You can browse all Driftwood real estate or contact a Coldwell Banker agent to request more information.

