Exceptional Live/Work Investment Opportunity on 4.6 Unrestricted Acres in the Heart of Hill Country Unlock the potential of this rare 4.6-acre unrestricted property just minutes from Downtown Dripping Springs. Ideally positioned outside the ETJ, this unique parcel allows for flexible development with permitting exclusively through Hays County—a major advantage for commercial ventures, residential expansion, or a mixed-use vision. Strategically located on the high-visibility corner of Ranch Road 12 and KC Memory Lane, the property offers dual access and excellent frontage, making it an ideal site for a destination business, boutique lodging, or event venue. Utilities already in place include a private water well, PEC electricity, rainwater collection system, and a large-capacity residential septic system. The surveyed acreage is smartly divided into two tracts: Tract One (1 acre): Nestled at the rear for privacy, this residential oasis features a main home and guest house totaling 4,118 sq ft, along with a sparkling pool and cabana. Currently operating as a successful short-term rental (Airbnb/Vrbo), this setup provides immediate cash flow and could offset holding or development costs. Tract Two (3.6 acres): A blank canvas at the front of the property with significant commercial potential, thanks to its location along a major thoroughfare. Surrounded by iconic Hill Country destinations like Ghost Note Brewing (just two driveways down), Salt Lick BBQ, Driftwood Vineyards, and Twisted X Brewery, this property sits in a highly desirable and fast-growing tourism corridor. Just 4.8 miles from downtown Dripping Springs, 10 miles to Wimberley, and 25 miles to Downtown Austin, this is a once-in-a-lifetime opportunity to invest in one of Central Texas’ most dynamic growth areas.
Active
Price cut: $155K (5/30)
$1,695,000
22599 S Ranch Road 12, Dripping Springs, TX 78620
7beds
4,118sqft
Est.:
Single Family Residence
Built in 1985
4.59 Acres Lot
$-- Zestimate®
$412/sqft
$-- HOA
What's special
Sparkling poolResidential oasisHigh-visibility cornerDual accessExcellent frontage
- 169 days
- on Zillow |
- 267 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: June 27, 2025 at 12:23pm
Listed by:
Amy Milligan (512) 466-1460,
Homestead & Ranch Real Estate (512) 466-1460,
Barbara Gremillion (512) 775-2904,
Homestead & Ranch Real Estate
Source: Unlock MLS,MLS#: 6694126

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
- Main level bedrooms: 4
Primary bedroom
- Description: balcony
- Features: Walk-In Closet(s)
- Level: Upper
Primary bathroom
- Features: Double Vanity, Full Bath, Separate Shower
- Level: Upper
Kitchen
- Features: Breakfast Bar, Kitchen Island, Dining Area
- Level: Main
Heating
- Central, Electric, Fireplace(s)
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Built-In Oven(s), Cooktop, Dishwasher, Electric Cooktop, Double Oven, Free-Standing Refrigerator
Features
- Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Vaulted Ceiling(s), Corain Counters, Granite Counters, Stone Counters, Double Vanity, French Doors, High Speed Internet, In-Law Floorplan, Interior Steps, Kitchen Island, Open Floorplan, Walk-In Closet(s), Wet Bar
- Flooring: No Carpet, Tile
- Windows: Window Treatments
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total interior livable area: 4,118 sqft
Property
Parking
- Parking features: Carport, Gated, Open, See Remarks
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
- Patio & porch: Covered, Deck, Rear Porch
- Exterior features: Exterior Steps, Private Yard, Tennis Court(s)
- Has private pool: Yes
- Pool features: In Ground, Outdoor Pool
- Spa features: Above Ground, Hot Tub
- Fencing: Fenced, Wire, Wood
- Has view: Yes
- View description: Rural
- Waterfront features: None
Lot
- Size: 4.59 Acres
- Features: Back Yard, Cleared, Landscaped, Level, Sprinkler - In-ground, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
Details
- Additional structures: Bathroom, Guest House, Outbuilding, Tennis Court(s)
- Parcel number: 1007450003000004
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier, Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Above Ground
Community & HOA
Community
- Features: None
- Subdivision: 22599 Ranch Road 12
HOA
- Has HOA: No
Location
- Region: Dripping Springs
Financial & listing details
- Price per square foot: $412/sqft
- Date on market: 2/18/2025
- Listing terms: Cash,Conventional
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