1. Texas
  2. Dripping Springs
  3. 14200 Sawyer Ranch RD
$1,690,000

14200 Sawyer Ranch RD, Dripping Springs, TX 78620

  • 6,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1994
  • Property Lot Size Icon4.69acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $282/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Prime Investment Opportunity on 4.69 Acres in Dripping Springs! Well-located on Sawyer Ranch Road, this property offers exceptional potential as a residence, an income-generating asset, or possible redevelopment. Currently served by septic and WTCPUA water, improvements include a 3,251 SF primary home built in 1994 with 3 bedrooms, 3.5 baths, and a combination of stone and siding exterior. Additionally, a 1,938 SF guest cottage has 3 bedrooms and 3 baths, providing flexibility for multi-generational living or rental income. Currently, the property generates revenue through 4 rental units—two operating as short-term Airbnb rentals and two leased to long-term tenants, excluding the main residence. With US 290 approximately 1.5 miles to the north, the property boasts convenient access to Austin and the Hill Country. The two large master-planned communities of Belterra and Highpointe sit approximately 2 and 3 miles away respectively, as well as many others within a 5-mile radius. HEB is 4 miles to the east, and the airport is a 25-mile drive. Looking for a fun night out in Austin? Downtown is easily accessible with an approximate 20-mile drive. Strategically located within the Dripping Springs ETJ, the property is not subject to zoning restrictions, presenting a unique redevelopment opportunity. In 2021, previous subdivision deed restrictions were rescinded, leaving the land free of restrictive covenants and open to a variety of potential uses. Whether you're looking for a personal residence with supplemental income, a long-term investment, or a redevelopment opportunity in a high-demand area, this property offers versatility and significant upside potential.

Listing Status:
Active
Listing Office:
Keller Williams - Lake Travis : (512) 263-9090
Listing Agent:
Heather Morrison : (512) 940-0565
MLS ID:
9151339
  • Flooring: LaminateTileWood
  • A/C: Central Air
  • Heating: Central
  • Eco/Green Feature: NoneNone

This listing courtesy of Heather Morrison, Keller Williams - Lake Travis

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sycamore Springs Elementary School

14451 Sawyer Ranch Rd, Austin, TX, 78737

Grades PK-5

0.74 miles away

S

Sycamore Springs Middle School

14451 Sawyer Ranch Rd, Austin, TX, 78737

Grades 6-8

0.74 miles away

D

Dripping Springs High School

940 W Highway 290, Dripping Springs, TX, 78620

Grades 9-12

5.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.