Located in the heart of Dripping Springs, this 2+ acre property offers a truly unique opportunity to own a tract in the middle of town—something that is becoming increasingly hard to find. Tucked along one of the most desirable and convenient streets in the city, this property blends privacy, flexibility, and in-town living. Currently zoned SF-4, the site allows for a personal residence today, making it ideal for those looking to build a custom home while enjoying the benefits of living inside Dripping Springs city limits. Create your dream estate, design a live/work concept, or establish a private compound with room to grow—all while being just minutes from schools, shopping, dining, and daily conveniences. For investors and developers, the upside is compelling. The seller is actively pursuing a zoning change to multifamily, opening the door to the potential for multiple units and long-term income-producing opportunities. Build multiple doors for investment, design a mixed live/work concept, or develop a small multifamily community in one of the fastest-growing markets in Central Texas. With its prime in-town location and strong future development potential, this property is also well-suited for select commercial uses such as boutique retail or office (subject to zoning approval). Opportunities like this—offering acreage, flexibility, and location all in one—are exceptionally rare within Dripping Springs and position the next owner to capitalize on both lifestyle and investment potential.
Property Details
- Lot Features
- Trees Medium Size
- Lot Description
- Trees Medium Size
- Acres
- 0.0
- Lot Size (sqft)
- 2.04
- Property Type
- Purchase
- Sewer Information
- See Remarks
- Utility Source
- Public, See Remarks
- Utility Features
- Electricity Connected, See Remarks, Water Connected
- Subdivision
- C Jones Sub
- School District
- Dripping Springs ISD
- Elementary School
- Dripping Springs
- Middle School
- Dripping Springs Middle
- High School
- Dripping Springs
- County
- Hays
- Region
- Dripping Springs
- Original List Price
- $850,000
- Days on Market (Cumulative)
- 1344
- MLS #
- 9540094
- Property Subtype
- UnimprovedLand
- Parcel Number
- 1144610000002004
- Cost Closed
- 550000.0
- Date Closed
- April 23, 2026
- MLS #
- 9540094
- Waterfront Type
- Creek, See Remarks
- Date Listed
- August 03, 2022
- Address
- 427 Creek Road
Location
Legal
Based on information submitted to the MLS GRID as of 2026-09-05 01:11:39 UTC. 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 or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: Sep 5, 2026 1:11 AM. Source: ACTRIS
Provided By
Listed by Josh Friedman (#451763), (512) 892-9934
Listing Office: Friedman Real Estate, Inc. (#2389)
Provided By (Buyer)
Buyer's Agent: Lindsey Hayes (#652312)
Buyer's Office: Best of Texas Real Estate (#700775)
