2 months on rocket

29300 Ranch Road 12, Dripping Springs, TX, 78620

$4,000,000

12.11 Acres
Land

Location

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Property Highlights

Home TypeMulti Family
WaterfrontNone
ViewHills
MLS #6410927
Lot Size12.11 Acres
StatusActive

About 29300 Ranch Road 12

This is a fabulous opportunity for development. Explosive growth in the area is planned. This property has 912’ of Ranch Road 12 frontage and sits in the Dripping Springs ETJ. Proximity to Dripping Springs Elementary School and on-going residential construction ensures high traffic volumes. Dripping Springs Water Supply Corp provides water to the property. Because the property is in the ETJ and not the city of Dripping Springs there is no moratorium on development of this property. The property shares borders with Founders Ridge Subdivision, Anarene Double L Master Planned Community and Dripping Springs Elementary School. For future plans, a sanitation easement runs along the very back of the property. If the Buyer chooses to have the property annexed into the city, a Lift Station for Waste Water is behind the Property. Immediate Opportunity and Location, Location, Location!!!

Property Details

Property Features

Listing Office:

  • Office Name: MCLANE REALTY, LLC
  • Office Phone: (830) 708-4787
  • Listing Agent: John Mccarthy

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: Hills

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 12.11 Acres

Other

Directions Information:

  • Directions: This is a fabulous opportunity for development. Explosive growth in the area is planned. This property has 912’ of Ranch Road 12 frontage and sits in the Dripping Springs ETJ. Proximity to Dripping Springs Elementary School and on-going residential construction ensures high traffic volumes. Dripping Springs Water Supply Corp provides water to the property. Because the property is in the ETJ and not the city of Dripping Springs there is no moratorium on development of this property. The property shares borders with Founders Ridge Subdivision, Anarene Double L Master Planned Community and Dripping Springs Elementary School. For future plans, a sanitation easement runs along the very back of the property. If the Buyer chooses to have the property annexed into the city, a Lift Station for Waste Water is behind the Property. Immediate Opportunity and Location, Location, Location!!!

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,000,000

Tax Information:

  • Annual Amount: $2,818
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Dripping Springs, TX.

Med. Sold Price

$714.1K

Med. Price/SqFt

$260

Avg. Days On Market

111

# of Sold Homes

28

29300 Ranch Road 12 vs Dripping Springs

71 DAYS ON ROCKET

-40 Days

$4,000,000

+$3.2M More

KEY TAKEAWAY

This property is $3.2M more than the Median Sold Price in Dripping Springs, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #6410927

Listing Office:

  • Office Name: MCLANE REALTY, LLC
  • Office Phone: (830) 708-4787
  • Listing Agent: John Mccarthy

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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 maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

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.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Texas Real Estate Commission Information About Brokerage Service

Last updated on: 11/23/2024, 10:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,818$334,283
2020$6,246$303,110
2019$6,580$280,980
2018$6,580$292,180
2017$5,561$270,118

History based on county public records data.

Payment Calculator

$20K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-864714
6
/10
  • Dripping Springs Elementary School

  • 29400 Ranch Road 12

  • 2.33 miles

  • Public District Grades PK-5

school-card-donut-864715
7
/10
  • Walnut Springs Elementary School

  • 300 Sportsplex Dr

  • 3.99 miles

  • Public District Grades PK-5

school-card-donut-864716
8
/10
  • Sycamore Springs Elementary School

  • 14451 Sawyer Ranch Rd

  • 5.84 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $110,735. The most common annual income of people living in Dripping Springs, TX is between $100k-200k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 29300 Ranch Road 12

What is the listing price of this property?

The listing price of 29300 Ranch Road 12 property is $4,000,000.

What type of property is this?

The property 29300 Ranch Road 12 is land located in Dripping Springs, Texas, 78620.

Is this property for sale now?

Active Listing: 29300 Ranch Road 12 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,818 (source: MLS/based on county public records data).

How much acreage is this property?

The property 29300 Ranch Road 12 is 12.11 acres.
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Rocket HomesTexasHays CountyDripping Springs7862029300 Ranch Road 12

This home is located at 29300 Ranch Road 12 in Dripping Springs, TX and zip code 78620. This home sits on a 12.11 acre lot. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $4,000,000.

In October 2024, from all listings sold in Dripping Springs, TX there were more than 1 sold above asking price, over 24 sold below and more than 3 were sold right at the asked price. Between September 2024 and October 2024, Dripping Springs, TX real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in October 2024 was $714,132, while the average time on the real estate market was 111 days.

From Rocket Homes Real Estate and based on county public records data.

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