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  3. Interior
  4. Exterior
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Status: Active

22599 Ranch Road 12 
Dripping Springs, TX 78620

1% Drop

$1,695,000

$1,685,000

------/mo*
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Exceptional Live/Work Investment Opportunity on 4.6 Unrestricted Acres in the Heart of Hill Country Unlock the potential of this rare 4.6-acre unrestricted property just minutes from Downtown Dripping Springs. Ideally positioned outside the ETJ, this unique parcel allows for flexible development with permitting exclusively through Hays County—a major advantage for commercial ventures, residential expansion, or a mixed-use vision. Strategically located on the high-visibility corner of Ranch Road 12 and KC Memory Lane, the property offers dual access and excellent frontage, making it an ideal site for a destination business, boutique lodging, or event venue. Utilities already in place include a private water well, PEC electricity, rainwater collection system, and a large-capacity residential septic system. The surveyed acreage is smartly divided into two tracts: Tract One (1 acre): Nestled at the rear for privacy, this residential oasis features a main home and guest house totaling 4,118 sq ft, along with a sparkling pool and cabana. Currently operating as a successful short-term rental (Airbnb/Vrbo), this setup provides immediate cash flow and could offset holding or development costs. Tract Two (3.6 acres): A blank canvas at the front of the property with significant commercial potential, thanks to its location along a major thoroughfare. Surrounded by iconic Hill Country destinations like Ghost Note Brewing (just two driveways down), Salt Lick BBQ, Driftwood Vineyards, and Twisted X Brewery, this property sits in a highly desirable and fast-growing tourism corridor. Just 4.8 miles from downtown Dripping Springs, 10 miles to Wimberley, and 25 miles to Downtown Austin, this is a once-in-a-lifetime opportunity to invest in one of Central Texas’ most dynamic growth areas.
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Bedrooms
7
Baths
5.5
House Size
4,118 sqft
Year Built
1985
Lot Size
4.59 ac
School District
Dripping Springs ISD

Location

Market Insights

In the last 30 days, homes for sale in 78620, Dripping Springs, TX were on the market for a median of 49 days and 0% of homes sold above list price.

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Interior Information

appliances
Oven
Cooktop
Dishwasher
Electric Cooktop
Double Oven
Free-standing Refrigerator
cooling
Ceiling Fan(s)
Central Air
features
Bookcases
Breakfast Bar
Built-in Features
Ceiling Fan(s)
Vaulted Ceiling(s)
Granite Counters
Stone Counters
Double Vanity
High Speed Internet
In-law Floorplan
Kitchen Island
Open Floorplan
Walk-in Closet(s)
Wet Bar
fireplace
Living Room
flooring
Tile
heating
Central
Electric
Fireplace(s)
laundry features
Laundry Room
Main Level
view
Rural
window features
Window Treatments

Exterior Information

features
Tennis Court(s)
Private Yard
fence
Fenced
Wire
Wood
patio and porch
Covered
Deck
Rear Porch
pool
In Ground
Outdoor Pool
Private
roof
Metal

Property Information

architectural style
1st Floor Entry
Multi-level Floor Plan
community
None
foundation
Pillar/post/pier
Slab
lot
Back Yard
Cleared
Landscaped
Level
other structures
Guest House
Outbuilding
Tennis Court(s)
parking
Carport
Gated
Open
See Remarks
security features
Smoke Detector(s)
sewer
Septic Tank
subdivision name
22599 Ranch Road 12
water source
Private
Well
  • Listed By Amy Milligan
  • (512) 466-1460
  • Homestead & Ranch Real Estate
  • (512) 466-1460
  • ryan@homesteadandranch.com
  • MLS 6694126

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$24,678 (+6.9%)$1,053,960$646,825$1,700,785 (+4.1%)
2023$23,094 (0%)$1,053,960$580,346$1,634,306 (+20.7%)
2022$23,094 (+15.4%)$893,180$460,820$1,354,000 (+22.2%)
2021$20,019$496,210$611,460$1,107,670

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$11,234

30 year fixed·6.9% interest rate
Principal & Interest
$8,878
Property Taxes
$2,057
Home Insurance
$300
HOA Fees
$0
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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