23351 Fm 150 W
Driftwood, TX, 78619 $ 1,599,900
Bedrooms-- Baths-- Sq 2,644 for $1,599,900. This 2,644 square foot property was built in 1922 on a lot size of 2.003.
Prime opportunity just one minute from downtown Dripping Springs with high-visibility from FM 150 frontage in the heart of one of Central Texas’ most dynamic growth corridors. Positioned on 2 level, usable acres with city water and an oversized septic system in place, this property offers the infrastructure and exposure ideal for immediate hospitality, event, office, or mixed-use commercial conversion. Previously operated as a successful bed and breakfast and event venue, the site is already optimized for income-producing operations. Its flexible configuration supports a wide range of concepts including a wedding/event venue, corporate retreat center, wellness facility, restaurant or cafe, boutique lodging, professional office suites with shared conference space, creative studio collective, or live/work development. Mature trees, multiple patios, and garden areas create natural settings for outdoor ceremonies, patio dining, event installations, and expanded gathering areas, while strong FM 150 traffic exposure and public road access enhance long-term visibility. With ample room for potential parking expansion, the site offers rare turnkey potential within the booming Driftwood/Dripping Springs corridor. The estate includes two substantial structures approximately 6,000+ sqft: fully renovated 4 bedroom, 4 bath main building and converted historic barn guest hall featuring 3 bedrooms, 3 full baths, separate kitchen and living area, and expansive central hall designed for receptions, conferences, dining service, or large-scale gatherings. Each of the seven bedrooms includes a private full bath, allowing seamless conversion to executive offices, private therapy suites, short-term rental accommodations, or boutique hospitality units. *Buyer and Buyer's Agent are responsible for conducting all due diligence and verifying all information, including but not limited to: property condition, zoning, permits, taxes, capacity regulations, utility access and square footage.*
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FeaturesGeneralSewer Septic Tank
Heating Central Fireplace(s) Heat Pump
Cooling Ceiling Fan(s) Central Air Wall/Window Unit(s)
Utilities Electricity Connected High Speed Internet Water Available Water Connected
Construction Materials Vinyl Siding
Year Built 1922
Property Subtype Mixed Use
Tax Year 2025
Current Use Bed & Breakfast Mixed Use Residential See Remarks
Accessibility None
County Hays
Operating Expense 0
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name Howard Sub
Building Features Appliances Furniture Garden Tub Living Area Open Space Private Restrooms Storage Washer Connections Washer/Dryer Connections Yard Sprinkler(s)
Green Sustainability None
Other Structures Barn(s) Gazebo Guest House Residence
Status Active
Directions 290 W TO RR12- LEFT ON 12- LEFT ON FM150- HOME ON RIGHT
City Driftwood
Disclosures Lead Base Paint Addendum Other Disclosures Seller Disclosure Seller Provided Survey Available
MLS Area HD
Lot Size Square Feet 87250.68
Tax Annual Amount 20830.96
Property Condition Historic Design
Leasable Area 2644
Virtual Tour https://www.propertypanorama.com/instaview/aus/4020456
Lease Type None
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 1273800
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InteriorFlooring Tile Wood
Total Bedrooms 0
Total Baths 0
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ExteriorParking Features Driveway Gated Paved
Water Source See Remarks Public
Total Parking 6
Number of Buildings 4
Building Area Total 2644
Lot Size Acres 2.003
Waterfront Y/N N
Other Equipment Dryer Connections Washer Hookup
Horse Y/N N
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* Excluded FeaturesList ByMelony CoffmanListing Agent
Coffman Real EstateBroker
melonycoffman@gmail.comEmail
NearbyAbout Driftwood, TX 128 Population
144% Since 2002
$ 109,159 Median Income
49.53 Median Age
36% Households with Children
Trends Information provided by ATTOM Data Solutions.
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/16/2026 | $1,599,900 | | Listed Price |