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23351 Fm 150 W

Driftwood, TX 78619
  • $1,599,900
  • STATUS: Active
  • MLS #: 5040882
UPDATED: 35 min ago
$1,599,900
  • 7
    BEDS
  • 2
    ACRES
  • 7
    BATHS
  • 2
    1/2 BATHS
  • 2,644
    SQFT
  • $605
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1922
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Melony Coffman of Coffman Real Estate: (512) 894-4043.

Description

Prime opportunity just one minute from downtown Dripping Springs with high-visibility 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+ sq ft: 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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© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information 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. Data last updated: 2026-05-15T00:00:47.267.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-05-15T00:00:47.267 (date and time MLS GRID Data was obtained). 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. Click here for MLS GRID DMCA Notice
www.texasprolificrealtors.com/homes/173789356
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23351 Fm 150 W Driftwood, TX 78619

  • Price: $1,599,900
  • Status: Active
  • On Site: Days
  • Updated: 35 min ago
  • MLS #: 5040882
7
Beds
7
Baths
2
½ Baths
2
Acres
2,644
SQFT
$605
$/SQFT
1922
Built
Neighborhood:
Howard Subdivison
County:
Hays
Area:
Driftwood
Elementary School:
Walnut Springs
Middle School:
Dripping Springs Middle
High School:
Dripping Springs
School District:
Dripping Springs ISD
Property Description
Prime opportunity just one minute from downtown Dripping Springs with high-visibility 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+ sq ft: 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.*
Exterior Features

Attached Garage YN No Covered Spaces 0 Direction Faces North Exterior Features GardenPrivate YardSee Remarks Fencing FencedPerimeter Foundation Details Pillar/Post/Pier Garage YN No Levels Two Lot Features GardenLevelNative PlantsPublic Maintained RoadTrees-Medium (20 Ft - 40 Ft) Other Structures Barn(s)GazeboGuest House Parking Features DrivewayGatedPaved Patio And Porch Features Front PorchRear Porch Roof CompositionShingle View Hill CountryRural Waterfront Features None Waterfront YN No

Interior Features

Appliances DishwasherElectric RangeElectric OvenFree-Standing Electric OvenRangeRefrigeratorStainless Steel Appliance(s) Cooling Ceiling Fan(s)Central AirWall/Window Unit(s) Fireplace Features BedroomWood Burning Fireplaces Total 1 Flooring TileWood Heating CentralFireplace(s)Heat Pump Interior Features Ceiling Fan(s)Beamed CeilingsFrench DoorsInterior StepsKitchen IslandMultiple Dining AreasMultiple Living AreasNatural WoodworkPrimary Bedroom on MainWasher Hookup Laundry Location Inside Main Level Bedrooms 1 Num Dining 2 Num Living 2 Num Other Level Beds 6 Window Features Window Treatments

Property Features

Accessibility Features None Additional Parcels YN No Association YN No Community Features None Estimated Taxes 19235 Fema Flood Plain No Horse YN No Listing Terms CashConventional New Construction YN No Pool Features None Pool Private YN No Property Condition Resale Property Sub Type See Remarks Sewer Septic Tank Special Listing Conditions Standard Utilities Electricity ConnectedInternet-CableWater AvailableWater Connected Water Source PublicSee Remarks



© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information 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. Data last updated: 2026-05-15T00:00:47.267.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-05-15T00:00:47.267 (date and time MLS GRID Data was obtained). 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. Click here for MLS GRID DMCA Notice
 
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Prolific Realty
2201 South W.S. Young Ste 104-C
Killeen TX, 76543
Property listed by Melony Coffman of Coffman Real Estate: (512) 894-4043.