1501 Elder Hill RD new Save Request In-Person Tour Request Virtual Tour
Driftwood,TX 78619
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,120 sqft
Price per Sqft $385
MLS Listing ID 587913
Lot Size 21.000 Acres
Property Sub-Type Commercial
Property Description
Investment Opportunity on 21 Acres | Multiple Income Streams | 1501 Elder Hill Rd, Hays County, TX
Located in the thriving heart of Hays County, just minutes from Dripping Springs and the Austin metro, this exceptional 21-acre property presents a unique opportunity for investors and end-users alike. With a blend of residential, commercial, and agricultural income streams already in place, 1501 Elder Hill Rd is a rare, turnkey asset offering immediate returns and long-term upside.
Current Income-Generating Features Include:
• A charming 3-bedroom, 2-bath residence with Tenants in place providing steady residential income
• A fully built-out coffee shop space within a rustic barn-style setting - Tenants in place
A 7,623 SF commercial barn/warehouse, including 4,977 SF of finished space ideal for offices, apartments, or creative use
• Income from a propane easement and billboard lease, adding diversified revenue streams
• Surrounding fields leased to the barn tenant for the next 15 years, ideal for agricultural usage
This highly flexible property is perfectly suited for a hybrid live/work concept, a private business hub, or a passive income portfolio. With road frontage and high visibility in a rapidly appreciating corridor, it's positioned for both current cash flow and future appreciation.
Location
State TX
County Hays
Interior
Heating Central
Cooling Central Air
Inclusions Building(s),Land
Exterior
Parking Features Parking Space(s)
Community Features Other,See Remarks
Utilities Available Electricity Available
Amenities Available Other,See Remarks
View Y/N No
View None
Building
Story 2
Foundation Slab
Sewer Septic Tank
Water Other,See Remarks