3980 U.S. 290, Dripping Springs, TX 78620 For Sale

3980 US Highway 290 is a 4.43-acre commercial land opportunity located in Dripping Springs, Texas (78620) — one of the fastest-growing markets in the Austin MSA. Offered at $1,600,000, this rare shovel-ready site features completed civil construction plans approved for approximately 20,000 SF of commercial development across four buildings.

The site benefits from prime US 290 frontage with excellent visibility and access on the primary artery connecting Austin to Dripping Springs and the Texas Hill Country. Key entitlements and infrastructure commitments already in place include completed civil plans (21-sheet set, Flake Engineering, Jan 2025), an approved site plan, TxDOT driveway permit #24-44660, WTCPUA water service with 5 LUEs reserved, and a complete OSSF septic design.

Located in the City of Dripping Springs ETJ with Commercial Use designation, the property is situated in the rapidly expanding Belterra/Cedar Valley submarket. Surrounding demographics are among the strongest in the Austin MSA, with an average HHI of $178,180 within 3 miles. The ongoing TxDOT US 290 Oak Hill Parkway upgrade (~$741M) will further enhance the corridor's accessibility and traffic volumes.

Lot 25, Sunset Canyon Section II-C, Hays County, TX — recorded plat. All civil plans, architectural concept plans, geotechnical report, TxDOT permit, drainage easement, and boundary survey transfer with sale. Buyer to conduct independent verification of all entitlements, permits, and utility commitments.