Dripping Springs, TX 78620,920 Creek RD

$450,000

Est.Price: ?

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Est. payment /mo

2 SqFt


SOLD DATE : 06/27/2024

Key Details

Property Type Commercial

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2 sqft

Price per Sqft $225,000

Subdivision A0415 Philip A Smith Survey

MLS Listing ID 6471902

Sold Date 06/27/24

Originating Board actris

Year Built 1990

Annual Tax Amount $1,565

Tax Year 2023

Lot Size 2.370 Acres

Property Description

In the heart of central Dripping Springs lies a vast parcel of land ripe for development and investment. Despite its current SF1 zoning, neighboring properties are shifting towards Multifamily zoning, indicating potential for versatile use. The property includes a mobile home of minimal value but offers an expansive canvas for ambitious ventures, supported by essential utilities like PEC power, septic, and DS Water Corp water. With prominent frontage on Creek Road, it enjoys prime positioning in a rapidly gentrifying locale, promising future appreciation. The seller is open to leaseback arrangements post-sale. A property survey is unavailable. Beyond its tangible features, the property symbolizes transformation and prosperity. As Dripping Springs evolves, it beckons investors and developers to shape its future. With foresight and diligence, this land offers a chance to leave a lasting mark on central Dripping Springs. In essence, this property embodies potential and opportunity. Possible re-zoning to SF-4 or lot subdivide for premium home sites. Please contact the City of Dripping Springs Planning Department to verify potential uses for the property.

Location

State TX

County Hays

Zoning SF-1 Currently. Possible re-zoning to SF-4 or lot subdivide for premium home sites.

Interior

Heating Electric

Cooling Electric

Flooring See Remarks

Fireplace N

Exterior

Utilities Available Electricity Connected, Phone Connected

View Hill Country

Accessibility None

Total Parking Spaces 10

Building

Story 1

Foundation Pillar/Post/Pier

Sewer Septic Tank

Water Public

Structure Type HardiPlank Type

New Construction No

Others

Restrictions Zoning

Acceptable Financing Cash, Conventional

Tax Rate 1.6818

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Keller Williams Realty • Steve Mallett
Bought with Non Member
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