About This Home

This 0-bedroom, 0-bathroom commercial at 23351 FM 150 W in Driftwood, TX is listed for $1,499,900. Built in 1922, on a 2.00 acres lot.

Key Features

  • Built in 1922
  • 2.00 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
1922

Amenities

FireplaceHardwoodA/C
Listing Description

Prime opportunity just one minute from downtown Dripping Springs with high-visibility from 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 or 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+ sqft: 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, 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, etc. Owner financing available- see agent for details.

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$437

Estimates only. Actual payments may vary.

Location

23351 FM 150 W

Driftwood, TX 78619

Howard Sub

Property Details

Flooring

TileHardwood

Construction

VinylSiding

Parking

DrivewayGatedOff Street

Heating

Fireplace(s)Heat Pump (Heating)Central

Cooling

Central AirWindow Unit(s)Ceiling Fan(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 23351 FM 150 W is listed at $1,499,900. The estimated monthly payment is $8,021 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1922, 2.00 acre lot, 2 stories, Fireplace.

This property is listed by Jeff Coffman.

JC

Jeff Coffman

Agent at Coffman Real Estate

Listed by Coffman Real Estate · Broker phone: 512-894-4043

MLS# 21366183· Source: North Texas Real Estate Information Systems, Inc.· 5 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

23351 FM 150 W, Driftwood, TX 78619

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