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23351 Fm 150 W

Driftwood, TX 78619 · View on map ↓

7Beds
7 + 2Baths
2,644Sqft
$1,499,900
MLS# 21365468

Overview

7 / 7 + 2
Bed / Bath / Gar
2,644
Sq Ft
1922
Year Built
2.003 acres
Lot Size
72
CDOM
Single Family
Type

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, etc.* Owner financing available- see agent for details.

Mortgage Calculator

20% · $299,980
0%50%
Principal & Interest$7,584(77%)
Property Tax$1,660(17%)
Homeowner's Insurance (est.)$625(6%)
Est. Monthly Payment$9,870/mo
Est. Monthly$9,870

Estimate only — contact a lender for actual rates and terms.

Rooms

Primary Bedroom
0 x 0 / 1
Primary Bathroom
0 x 0 / 1
Living Room
0 x 0 / 1
Kitchen
0 x 0 / 1
Appliances
Dishwasher, Electric Oven, Electric Range
Interior Features
Kitchen Island, Pantry, Natural Woodwork
Flooring
Hardwood, Tile
Laundry
Washer Hookup
Window Features
Window Coverings
Fireplaces
1 · Bedroom, Wood Burning
Heating
Central, Fireplaces, Heat Pump
Cooling
Central Air, Ceiling Fans, Wall Window Units
Utilities
Electricity Connected, Phone Available, Septic Available, Water Available
Architectural Style
Detached
Construction
Vinyl Siding
Roof
Composition, Shingle
Foundation
Pillar Post Pier
Patio / Porch
Front Porch, Patio, Covered
Pool
None
Levels
Two
Stories
2
Attached Garage
No

Schools

Elementary
Walnut Springs (Dripping Springs ISD)
Middle
Dripping Springs (Dripping Springs ISD)
High
Dripping Springs (Dripping Springs ISD)

Price & Status History

DateEventPrice
8/21/2026Listed for sale
Source: NTREIS #21365468
$1,499,900

Nearby Properties

Listed by Jeff Coffman · Coffman Real Estate
Source: NTREIS · MLS#: 21365468

Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

© 2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

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