Properties

Driftwood, TX 78619 23351 FM 150 W

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Presented By: Coffman Real Estate;
  • MLS# 5040882
  • 02/27/2026
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  • Beds • 7
  • Full/Half Baths • 7 / 2
  • SQFT • 2,644

Home Details

Prime opportunity just one minute from downtown Dripping Springs with high-visibility FM 150 frontage in the heart of one of Central Texasโ€™ 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.*
Presented By: Coffman Real Estate;

Interior Features for 23351 FM 150 W

Bedrooms

Main Level Bedrooms1
Total Bedrooms7

Bathrooms

Half Baths2
Total Baths9

Other Interior Features

LivingAreaSourcePublic Records
Fireplace FeaturesBedroom, Wood Burning
FlooringTile, Wood
Interior AmenitiesCeiling Fan(s), Beamed Ceilings, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Natural Woodwork, Primary Bedroom on Main
Total Fireplaces1
Window FeaturesWindow Treatments

General for 23351 FM 150 W

AccessibilityNone
Additional Parcels Y/NNo
AppliancesDishwasher, Electric Range, Electric Oven, Free-Standing Electric Oven, Range, Refrigerator, Stainless Steel Appliance(s)
CityDriftwood
Community FeaturesNone
Construction MaterialsVinyl Siding
CoolingCeiling Fan(s), Central Air, Wall/Window Unit(s)
CountyHays
Directions290 W TO RR12- LEFT ON 12- LEFT ON FM150- HOME ON RIGHT
DisclosuresLead Base Paint Addendum, Other Disclosures, Seller Disclosure, Seller Provided Survey Available
Elementary SchoolWalnut Springs
Energy EfficientNone
Facing DirectionNorth
Full Baths7
Garage Spaces
Green SustainabilityNone
HOANo
HeatingCentral, Fireplace(s), Heat Pump
High SchoolDripping Springs
LevelsTwo
Living Area2644
Lot Size Square Feet87120
MLS AreaHD
Middle/Junior High SchoolDripping Springs Middle
New ConstructionNo
Other StructuresBarn(s), Gazebo, Guest House
Patio/Porch FeaturesFront Porch, Rear Porch
Pool FeaturesNone
Property ConditionResale
Property SubtypeSee Remarks
Property TypeResidential
RoofComposition, Shingle
SewerSeptic Tank
Standard StatusActive
StatusActive
Subdivision NameHoward Subdivison
Tax Assessed Value1273800
Tax Year2023
UtilitiesElectricity Connected, High Speed Internet, Water Available, Water Connected
ViewHill Country, Rural
Virtual TourClick here
Waterfront FeaturesNone
Year Built1922
Year Built SourcePublic Records

Exterior for 23351 FM 150 W

Covered Spaces
Exterior AmenitiesGarden, Private Yard, See Remarks
FencingFenced, Perimeter
Foundation DetailsPillar/Post/Pier
Horse Amenities None
Horse Y/NNo
Lot FeaturesGarden, Level, Native Plants, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)
Lot Size Acres2
Parking FeaturesDriveway, Gated, Paved
Total Parking6
Water SourcePublic, See Remarks
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Dripping Springs High School
Elementary School Walnut Springs Elementary School
Middle School Dripping Springs Middle

Connect Realty

Price $1,599,900
MLS#5040882
List Date 02/27/2026
Property Type Single Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
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