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$4,000,000
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Property Description
This is a fabulous opportunity for development. Explosive growth in the area is planned. This property has 912' of Ranch Road 12 frontage and sits in the Dripping Springs ETJ. Proximity to Dripping Springs Elementary School and on-going residential construction ensures high traffic volumes. Dripping Springs Water Supply Corp provides water to the property. Because the property is in the ETJ and not the city of Dripping Springs there is no moratorium on development of this property. The property shares borders with Founders Ridge Subdivision, Anarene Double L Master Planned Community and Dripping Springs Elementary School. For future plans, a sanitation easement runs along the very back of the property. If the Buyer chooses to have the property annexed into the city, a Lift Station for Waste Water is behind the Property. Immediate Opportunity and Location, Location, Location!!!
Full Property Details
Full Property Details for 29300 Ranch Road 12 Rd
General
- Price: $4,000,000
- Taxes: (2021)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 9116457
- Updated: 12/19/2024
- Added to Site: 905 day(s) ago
Interior
- Flooring: Tile
Additional Information
- Security/Safety: None
Parking
- Garage: Yes
- Total Spaces: 100
- Parking Features: Garage, Outside, Paved
Location
- Area: HD
- County: Hays
- Subdivision: 40485
- Driving Directions: WEST ON RR 12 2.0 MILES FROM DRIPPING SPRINGS.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public, Well
- Well: Yes
- Utility Description: Electricity Connected, Water Connected
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Construction: Stone
- Square Feet: 1,792
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Agricultural, Residential, Vacant
- Year Built: 1968
- Year Built Source: Owner
- Property Condition: Resale
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Property View: Rural, Trees/Woods
- Lot Size (Acres): 12.11
- Lot Size (Sq. Ft.): 527,511.6
- Lot Size Source: Survey
- Topography: Level
- Lot Features: Flat
Financial Considerations
- Assessment Amount: $338,130
- Tax Year: 2021
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Real Estate Owned
- Documents Avail.: Aerial, See Remarks, Survey
- Multiple Parcels: Yes
- Legal Description: 12.11 Acre tract of land situated in the Edward W. Brown Survey No. 136, Abstract No. 44, Phillip A. Smith Survey No. 26, Abstract No. 415 and G.W. Lindsey Survey No. 138, Abstract No. 289, Hays County, Texas.
- Disclosures/Reports: Seller Disclosure
- Bank-owned: Yes
- Property ID: 1004150030000014
Listed by McLane Realty, Llc
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Schools
Schools serving 29300 Ranch Road 12 Rd
School District:Dripping Springs Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
29400 Ranch Road 12, Dripping Spgs, TX 78620 | PK-5 | 0.2 mi | |
111 Tiger Ln, Dripping Spgs, TX 78620 | 6-8 | 2 mi | |
940 W Highway 290, Dripping Spgs, TX 78620 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 29300 Ranch Road 12 Rd
Date
Details
Price
Change
Source
8/22/2022
Listed
$4,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 29300 Ranch Road 12 Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,143
1%
$608,090
1%
2022
$10,081
—
$603,120
13%
2022
$10,081
247%
$535,240
60%
2021
$2,908
3%
$334,283
10%
2020
$2,818
-57%
$303,110
4%
2018
$6,580
8%
$292,180
8%
2017
$6,115
10%
$270,118
10%
2016
$5,561
9%
$246,116
9%
2015
$5,099
-16%
$225,434
-20%
2019
$6,042
30%
$280,980
37%
2014
$4,635
14%
$204,793
12%
2013
$4,063
—
$183,610
—
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 29300 Ranch Road 12 Rd
29300 Ranch Road 12 Road, Dripping Springs, TX 78620 (MLS# 9116457) is a Commercial property. 29300 Ranch Road 12 Road is currently listed for $4,000,000 and was received on August 22, 2022. Want to learn more about 29300 Ranch Road 12 Road? Do you have questions about finding other Commercial real estate for sale in Dripping Springs? You can browse all Dripping Springs real estate or contact a Coldwell Banker agent to request more information.