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$2,500,000
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Property Description
Discover an exceptional 3.9-acre commercial opportunity fronting Highway 290 in one of the fastest-growing corridors in all of Texas. Offering flexibility at every turn, this property consists of two legal lots, allowing buyers the option to purchase half or the entire tract depending on their needs. The seller is currently in the process of removing the property from the ETJ, further enhancing future development potential. As it stands, the site is unrestricted with no zoning, creating a rare blank canvas along this high-visibility stretch of 290. Originally designed for retail or automotive use, the property features a TxDOT-approved curb cut, and plans and entitlements can be transferred to the buyer upon closing-saving both time and development costs. Whether you're looking to build and sell as a package, build and lease out for long-term income, or secure a prime location as an owner-user, this location supports a wide range of commercial strategies. Utilities include water and gas available along Highway 290, with septic needed. The property also backs up to Hidden Hills Drive, offering additional access and layout flexibility. With a prominent, highly visible line of sight, strong traffic counts, and ideal positioning for retail, automotive, convenience store, or flex park development, this tract offers unmatched potential in a booming growth corridor.
Full Property Details
Full Property Details for 3981 & 3983 E Hwy 290
General
- Price: $2,500,000
- Taxes: (2025)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 7276836
- Updated: 12/8/2025
- Added to Site: 103 day(s) ago
Additional Information
- Equipment: None
Parking
- Total Spaces: 50
- Parking Features: None
Location
- Area: HD
- County: Hays
- Subdivision: Sunset Canyon Sec 1
- Driving Directions: From the 1826/Hwy 290 Intersection: Head W on Hwy 290 for approx. 8.5 miles and property will be on the Right.
Utilities
- Utility Description: Natural Gas Available, See Remarks, Water Available
Structural Information
- Detached/Attached: Detached
- Sq. Ft. Source: See Remarks
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 3.9
- Lot Size (Sq. Ft.): 169,884
Financial Considerations
- Tax Year: 2025
- Terms: See Remarks
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Multiple Parcels: Yes
- Legal Description: SUNSET CANYON SEC 1, LOT 296, ACRES 1.94 & SUNSET CANYON LOT 297 1.96 AC GEO#90405649
- Disclosures/Reports: None
- Property ID: 1184750000296004
- Lot Number: 296 & 297
Listed by Friedman Real Estate, Inc.
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Schools
Schools serving 3981 & 3983 E Hwy 290
School District:Dripping Springs Independent School District
| Name | Grades | Distance |
|---|---|---|
Dripping Springs Elementary School 29400 Ranch Road 12, Dripping Springs, TX 78620 | PK-5 | 3.7 mi |
Dripping Springs Middle School 111 Tiger Lane, Dripping Springs, TX 78620 | 6-8 | 5.6 mi |
Dripping Springs High School 940 W Hwy 290, Dripping Springs, TX 78620 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3981 & 3983 E Hwy 290
Date
Details
Price
Change
Source
12/08/2025
Listed
$2,500,000
—
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 3981 & 3983 E Hwy 290
3981 & 3983 E Highway 290, Dripping Springs, TX 78620 (MLS# 7276836) is a Commercial property. 3981 & 3983 E Highway 290 is currently listed for $2,500,000 and was received on December 08, 2025. Want to learn more about 3981 & 3983 E Highway 290? 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.

