Address
23351 Fm 150 W, Driftwood, TX
Price
$ 1,499,900
Property Attributes
- MLS#21365468
- TypeSingle Family
- Listing Status Active
- CountyHAYS
- CityDriftwood
- NeighborhoodHoward Sub
- Zip78619
- StyleSingle Family Residence
- Year Built1922
- Taxes$ 19923
- Price$ 1,499,900
- Bedrooms7
- Full Bathrooms7
- Half Bathrooms2
- Sqr Footage2644
- Lot Size2.003 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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.*
| Elementary School |
|---|
| Walnut Springs Elementary School |
| Price History | |
|---|---|
| 8/21/2026 | Listed $1,499,900 |
General Features
| Heating | Central,Fireplace(s),Heat Pump |
|---|---|
| Cooling | Ceiling Fan(s),Central Air,Wall/Window Unit(s) |
| Utilities | City Water,Electricity Connected,Phone Available,Septic |
| Possession | Closing/Funding |
| Roof | Composition,Shingle |
| Appliances | Dishwasher,Electric Oven,Electric Range |
| Restrictions | Deed |
| School District | Dripping Springs ISD |
| Year Built | 1922 |
| Levels | Two |
| Unexempt Taxes | 19923 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Howard Sub |
| Transaction Type | For Sale |
| Occupant Type | Vacant |
| County | Hays |
| Property Type | Residential |
| Construction Materials | Vinyl Siding |
| Year Built Details | Preowned |
| HOA Type | None |
| Special Notes | Aerial Photo |
| Full Baths | 7 |
| Status | Active |
| Directions | 290 W TO RR12- LEFT ON 12- LEFT ON FM150- HOME ON RIGHT-SOUTH SIDE OF ROAD |
| City | Driftwood |
| Elementary School Name | Walnut Springs |
| High School | Dripping Springs |
| Elementary School | Walnut Springs |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21365468 |
| Standard Status | Active |
| Listing Terms | Cash,Conventional |
Interior Features
| Interior Features | Kitchen Island,Natural Woodwork,Pantry |
|---|---|
| Flooring | Hardwood,Tile |
| Total Stories | 2 |
| Fireplace Features | Bedroom,Wood Burning |
| Fireplaces Total | 1 |
| Dining Areas | 2 |
| Living Areas | 2 |
| Room Count | 4 |
| Half Baths | 2 |
| Lock Box Type | Supra |
| Total Bedrooms | 7 |
| Total Baths | 9 |
| Window Features | Window Coverings |
| Laundry Features | Washer Hookup |
Exterior Features
| Exterior Features | Covered Patio/Porch |
|---|---|
| Lot Features | Acreage,Cleared,Level |
| Other Structures | Barn(s),Guest House,See Remarks,Shed(s) |
| Lot Size Source | Public Records |
| Parking Features | Additional Parking,Driveway,Gated,Off Street,Outside,Paved |
| Lot Size | 1 to < 3 Acres |
| Foundation | Pillar/Post/Pier |
| Lot Size Area | 2.0030 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Road Frontage Type | County Road,FM Road |
| Lot Size Square Feet | 87250.6800 |
| Lot Size Acres | 2.0030 |
| Patio And Porch Features | Front Porch,Patio |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 78619
Price
Taxes
Year Built
Visits
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
