Investor special with exceptional upside on an almost 3-acre corner lot outside the city limits, located in highly acclaimed Dripping Springs ISD. This nearly 3,000 square foot property offers a rare opportunity to renovate, expand, or reimagine a spacious home on a large, unrestricted tract surrounded by mature, healthy live… Read More oak trees that provide privacy and Hill Country charm. The home features two separate living rooms, each with its own fireplace, creating flexible living and entertaining spaces. An office located above the garage adds additional square footage ideal for working from home, a studio, or guest overflow. There are multiple possible locations for adding a third bedroom, allowing for customization of the floor plan to suit future needs. A durable metal roof adds long-term value and peace of mind. Outdoor features include a 5.5-foot deep swimming pool, gazebo, and storage shed, with abundant room to expand. The expansive lot provides ample space to add a shop, detached garage, pool casita, or guest house, making this property ideal for investors, renovators, or buyers seeking multi-structure potential. With the property being outside city limits, owners benefit from added flexibility and fewer restrictions. The home is in need of remodeling, presenting a strong value-add opportunity. Previous water damage caused by an AC drain line backup has been fully remediated, and all affected areas have been addressed. With generous square footage, valuable land, and endless possibilities for improvement, this property is a standout opportunity to create a custom estate, income-producing property, or long-term investment in a prime location. All information provided is deemed reliable but not guaranteed. Buyer and Buyer’s Agent to independently verify all information including, but not limited to, square footage, lot size, schools, taxes, restrictions, and condition of the property. Read Less
Property listed by Central Metro Realty 512-454-6873 (512) 766-7326
Listing Snapshot
Days Online
1
Last Updated
Property Type
SingleFamilyResidence
Beds
2
Full Baths
3
Square Ft.
2,966
Lot Size
2.8 Acres
Year Built
1980
MLS Number
2820069
Additional Details
Pool
Gunite, Private pool, In Ground
Building
Built in 1980, Stories: 2, 2,966 sqft living area, Masonry, Two
Fence
Chain Link, Wood
Fireplaces
2 fireplaces, Wood Burning
Floors
Carpet
Foundation
Slab
Garage
2 garage spaces
Heating
Central, Fireplaces
Home Owner's Association
Fee Frequency: SeeRemarks
Interior Features
Ceiling Fans, High Speed Internet, Multiple Primary Suites, Multiple Closets, Pantry, Walk In Closets
Laundry
In Hall
Lot
2.8 acres, Area: 2.8, Cleared, Corner Lot, Gentle Sloping, Trees Large Size
Parking
2 covered spaces, Garage
Property
Resale
Roof
Metal
Sewer
Septic Tank
Taxes
Annual Amount: $15,711, Year: 2025
Utilities
Electricity Connected, Fiber Optic Available, Sewer Connected, Water Connected
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Listings courtesy of the Austin Board of REALTORS® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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