23351 Fm 150 W W Driftwood, TX $ 1,499,900
23351 Fm 150 W W
$ 1,499,900
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23351 Fm 150 W W

Driftwood, TX, 78619
$ 1,499,900
Bedrooms-- Baths--

Monthly Estimate*

$ 9,471

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Commercial Property for sale in Driftwood, TX

for $1,499,900. This building 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 or 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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Commercial Active

Price

$ 1,499,900

Property Type

Commercial

Taxes

$ 19,923

Style

Business

Lot Size

2.003

Year Built

1922

Town/City

Driftwood

County/Region

Hays

MLS | Web ID

21366183

Features
General
Heating Central Fireplace(s) Heat Pump
Cooling Ceiling Fan(s) Central Air Wall/Window Unit(s)
Utilities City Water Electricity Connected Phone Available Septic
Ceiling Height Other
Possession Closing/Funding
Roof Composition Shingle
Year Built 1922
Business Type Bed & Breakfast Hospitality
Property Subtype Business
Subdivision Name Howard Sub
Occupant Type Vacant
County Hays
Property Type Commercial Sale
Construction Materials Vinyl Siding
Year Built Details Preowned
Status Active
Directions 290 W TO RR12- LEFT ON 12- LEFT ON FM150- HOME ON RIGHT-SOUTH SIDE OF ROAD
City Driftwood
Standard Status Active
Listing Terms Cash Conventional
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Exterior
Waterfront 0
Lot Features Acreage Cleared Level
Lot Size Source Public Records
Parking Features Driveway Gated Off Street Outside Paved
Lot Size 1 to < 3 Acres
Foundation Pillar/Post/Pier
Building Area Total 2644.00
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Interior
Flooring Hardwood Tile
Total Stories 2
Total Units 1
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Internal Only
Street Number 1 23351
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* Excluded Features
List By
Jeff Coffman

Listing Agent

Coffman Real Estate

Broker

Affordability Calculator

$11,131
Per Month
85%
15%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$1,660
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
8/21/2026 $1,499,900 Listed Price

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23351 Fm 150 W W, Driftwood, TX, 78619 is a Commercial Property for sale at $1,499,900 with a lot size of 2.003. 23351 Fm 150 W W was built in 1922. The property's zip code is 78619 which is in Driftwood, TX