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$2,450,000
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Property Description
"¢ 1.571 acres in the Dripping Springs ETJ with 35% impervious cover.1 "¢ 5,000 sq.ft. energy-efficient building with combination of offices and open area and is currently used as a coffee shop and office/co-working space. "¢ Can be a wide variety of commercial uses such as a restaurant, retail space, office/co-working space, salon/spa, auto, etc. "¢ Major visibility and accessibility to Hwy 290 between Dripping Springs and the Belterra community. "¢ Parking is ample with at least 28 spaces with the potential for more "¢ On septic and rainwater collection. West Travis Utility water available. "¢ Asking Price: $2,450,000 "¢ NOTE: The adjacent property at 4004 E Hwy 290 is also available for purchase. Combined with the subject property would provide up to 3.261 acres for development with current combined improvements totaling 13,721 sf
Full Property Details
Full Property Details for 4002 E Hwy 290 Hwy
General
- Price: $2,450,000
- Taxes: $20,906 (2024)
- Status: Active
- Type: Business
- Source: Austin_MLS
- MLS ID: 4320389
- Updated: 6/10/2025
- Added to Site: 295 day(s) ago
Rental Information
- Lease Info: Full Service
Interior
- Flooring: Concrete
Additional Information
- Security/Safety: None
Parking
- Total Spaces: 28
- Parking Features: Gravel, On Site, Parking Lot, Private
Location
- Area: HD
- County: Hays
- Subdivision: Sunset Canyon Sec Ii-C
- Driving Directions: Located at the SE corner of Highway 290 and Sunset Canyon Drive, between Dripping Springs and Austin.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Hot Water
Utilities
- Sewer: Septic Tank
- Water: Municipal Utility District
- Cable Available: Yes
- Utility Description: Above Ground Utilities, Cable Available, Cable Connected, Electricity Connected, High Speed Internet Available, Phone Connected, Water Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Natural Building, Concrete, Plaster, Recycled/Bio-Based Insulation, Stucco, Straw
- Square Feet: 5,000
- Sq. Ft. Source: Estimated
- Current Bldg. Use: Commercial, Medical/Dental, Office, Retail
- Year Built: 1997
- Year Built Source: Owner
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 1.573
- Lot Size (Sq. Ft.): 68,519.88
Green Features
- Energy Efficient: Construction, Insulation, Materials, Sustainability
- Sustainability: Recycled Materials
Financial Considerations
- Operating Expenses: $38,000
- Assessment Amount: $1,336,665
- Tax Amount: $20,906.38
- Tax Year: 2024
- Terms: Cash, Conventional, SBA Type Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Deed Restriction, Lease, Septic Certification, Survey
- Legal Description: SUNSET CANYON SEC II-C LOT 2 1.573 AC
- Disclosures/Reports: Seller Disclosure
- Property ID: 1185100000002004
- Lot Number: 2
Listed by Tower Commercial
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Schools
Schools serving 4002 E Hwy 290 Hwy
School District:Dripping Springs Independent School District
| Name | Grades | Distance |
|---|---|---|
Dripping Springs Elementary School 29400 Ranch Road 12, Dripping Springs, TX 78620 | PK-5 | 4 mi |
Dripping Springs Middle School 111 Tiger Lane, Dripping Springs, TX 78620 | 6-8 | 5.8 mi |
Dripping Springs High School 940 W Hwy 290, Dripping Springs, TX 78620 | 9-12 | 4.9 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 4002 E Hwy 290 Hwy
Date
Details
Price
Change
Source
6/10/2025
Listed
$2,450,000
—
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 4002 E Hwy 290 Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,906
-5%
$1,420,594
6%
2023
$21,961
6%
$1,336,665
-8%
2022
$20,791
—
$1,454,330
19%
2022
$20,791
34%
$1,219,000
42%
2021
$15,543
—
$860,000
3%
2020
$15,599
76%
$833,780
85%
2019
$8,852
-5%
$451,530
—
2018
$9,311
3%
$451,530
4%
2017
$9,020
4%
$434,960
5%
2016
$8,656
—
$414,260
—
2015
$8,665
—
$414,260
—
2014
$8,672
-3%
$414,260
-4%
2013
$8,940
—
$433,420
—
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 4002 E Hwy 290 Hwy
4002 E Highway 290 Highway, Dripping Springs, TX 78620 (MLS# 4320389) is a Business property. 4002 E Highway 290 Highway is currently listed for $2,450,000 and was received on June 10, 2025. Want to learn more about 4002 E Highway 290 Highway? Do you have questions about finding other Business 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.

