18992 Ranch to Market Road 150, Driftwood, TX for sale

Investment Overview

For Sale 18992 FM 150 | Driftwood, Texas Investment Opportunity with Multiple Income Streams in the Heart of the Texas Hill Country Positioned along the highly traveled FM 150 corridor in the heart of Driftwood, this unique commercial property offers investors and owner-users the rare opportunity to acquire a diversified income-producing asset in one of Central Texas' fastest-growing markets. Combining commercial, hospitality, recreational, and advertising revenue, the property provides immediate cash flow with significant long-term upside. Property Highlights • Approximately 25,000 SF across two commercial buildings • Diversified income generated from multiple complementary revenue sources • Baseball field leased to a premier select baseball organization • Six established short-term vacation rentals with the current owner willing to execute a five-year leaseback, providing stable and predictable income at closing • On-site billboard generating additional passive revenue • Flexible commercial improvements suitable for office, retail, warehouse, entertainment, or mixed-use operations • Excellent frontage and visibility along FM 150 • Convenient access to Dripping Springs, Kyle, Wimberley, and South Austin • Located in one of the region's most sought-after destinations, surrounded by wineries, breweries, wedding venues, restaurants, and year-round tourism • Opportunity to increase value through future redevelopment, expansion, or repositioning Ideal For • Investors seeking a stable, diversified income-producing asset • Owner-users looking to occupy a portion of the property while benefiting from existing cash flow • Hospitality, entertainment, sports, or recreational operators seeking a unique Hill Country destination • Family offices and private investors pursuing long-term appreciation in a high-growth market Investment Highlights Assets offering this level of income diversification are rarely available. With commercial space, hospitality income, recreational tenancy, and advertising revenue all on a single property, buyers benefit from multiple sources of cash flow while maintaining flexibility for future use. Located in the rapidly expanding Driftwood and Dripping Springs corridor, the property is well positioned to capitalize on continued residential growth, tourism, and commercial development throughout the Texas Hill Country. For pricing, financial information, or to schedule a private tour, please contact the listing brokers.

Investment Highlights

• - ±25,000 SF of versatile commercial improvements across two buildings
• Diversified income from commercial space, six vacation rentals, a leased baseball complex, and an on-site billboard
• Approximately 70% occupied, providing immediate in-place cash flow with leasing upside
• Six established short-term vacation rentals with seller willing to execute a five-year leaseback
• Leased baseball facility providing stable, recurring rental income
• Excellent owner-user opportunity with existing income offsetting occupancy costs
• Prominent FM 150 frontage with exceptional visibility and exposure
• Located in the heart of the rapidly growing Driftwood/Dripping Springs corridor
• Surrounded by wineries, breweries, restaurants, wedding venues, and other Hill Country destinations
• Flexible commercial improvements suitable for industrial, office, retail, entertainment, recreational, or mixed-use uses
• Significant long-term appreciation potential in one of Central Texas' fastest-growing submarkets
• Convenient access to Dripping Springs, Wimberley, Kyle, South Austin, and SH-45, FM 1826, and RM 12
• A few additional bullets that would really elevate the flyer if they're accurate:
• Multiple independent revenue streams reduce investment risk
• Rare opportunity to acquire a legacy Hill Country commercial asset
• Opportunity to increase NOI through lease-up and rental rate growth
• Flexible zoning allows for a variety of future commercial uses
• Ideal for investors, owner-users, hospitality operators, or redevelopment