Property at TBD W FM150 None, Driftwood, Texas. 51.5 acres. Listed at $7,000,000 ($135,922 per acre). Property type: Farm/Ranch. Status: Active. County: Hays County. Listed January 30, 2026. Days on market: 65. Listed by: Coffman Real Estate. Description: Truly exceptional 51.5+/- acre opportunity five minutes from downtown Dripping Springs. This unrestricted tract offers excellent road frontage, strong topography, and outstanding versatility, ideal for commercial, residential (single or multi-family), or mixed-use development. With multiple prime building sites and gently rolling terrain, the property provides flexibility for a wide range of development concepts or a private estate. The expansive acreage allows for potential subdivision into smaller parcels, making it a compelling investment for developers or long-term holders. The land is dotted with mature oak trees and hardwoods, offering both natural beauty and functional shade, with ample room for horses or agricultural use. Currently AG-exempt for low taxes, the property also benefits from key infrastructure advantages: potential access to Phase 3 of the City of Dripping Springs sewer line, which extends to the Northeast property boundary, and city water located directly across the street. LUEs will convey with the property (see agent for details). Located in one of the fastest-growing corridors between Austin and Dripping Springs, this property presents a rare opportunity to acquire a large, unrestricted tract with strong development fundamentals and long-term upside. Information provided is deemed reliable but not guaranteed. Buyer and Buyer’s Agent to independently verify all information including measurements, zoning, utilities, schools, and taxes.

ActiveMLS# ACT216518372
$7,000,000
51.5 Acres · Farm/Ranch · $135,922/acre
TBD W FM150 None
Driftwood, TX 78619 (Hays County)

About this property

Truly exceptional 51.5+/- acre opportunity five minutes from downtown Dripping Springs. This unrestricted tract offers excellent road frontage, strong topography, and outstanding versatility, ideal for commercial, residential (single or multi-family), or mixed-use development. With multiple prime building sites and gently rolling terrain, the property provides flexibility for a wide range of development concepts or a private estate. The expansive acreage allows for potential subdivision into smaller parcels, making it a compelling investment for developers or long-term holders. The land is dotted with mature oak trees and hardwoods, offering both natural beauty and functional shade, with ample room for horses or agricultural use. Currently AG-exempt for low taxes, the property also benefits from key infrastructure advantages: potential access to Phase 3 of the City of Dripping Springs sewer line, which extends to the Northeast property boundary, and city water located directly across the street. LUEs will convey with the property (see agent for details). Located in one of the fastest-growing corridors between Austin and Dripping Springs, this property presents a rare opportunity to acquire a large, unrestricted tract with strong development fundamentals and long-term upside. Information provided is deemed reliable but not guaranteed. Buyer and Buyer’s Agent to independently verify all information including measurements, zoning, utilities, schools, and taxes.

Property details

Property TypeFarm/Ranch
Acreage51.5 acres
StatusActive
Days on Market65 days
ListedJanuary 30, 2026
CountyHays
ZIP Code78619
Price per Acre$135,922/acre
MLS NumberACT216518372
Listed ByCoffman Real Estate

Location

Area & Lifestyle

Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Coffman Real Estate.

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Barron Johnson
Broker Associate · Spyglass Realty

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