23351 Fm 150 W, Driftwood TX 78619
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About This Property
Prime opportunity just one minute from downtown Dripping Springs with high-visibility from 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+ sqft: 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.*
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Listing History
| Apr 16, 2026 | Listed | Listing Courtesy of Coffman Real Estate - melonycoffman@gmail.com | $1,599,900 |
| Feb 27, 2026 | Listed | $1,599,900 |
| Jan 30, 2025 | Off Market | ||
| Oct 28, 2024 | Price Change | $1,890,000 | |
| Sep 5, 2024 | Listed | $2,000,000 |
| Jan 30, 2025 | Off Market | ||
| Aug 22, 2024 | Listed | $2,000,000 |
| Apr 28, 2022 | Off Market | ||
| Jan 25, 2022 | Listed | $2,000,000 |
| Apr 28, 2022 | Off Market | ||
| Jan 25, 2022 | Listed | $2,000,000 |
| Mar 11, 2014 | Off Market | ||
| Sep 3, 2013 | Listed | $495,000 |
Frequently Asked Questions About 23351 Fm 150 W, Driftwood TX 78619
When was 23351 Fm 150 W, Driftwood TX 78619 built?
23351 Fm 150 W, Driftwood TX 78619 was built in 1922.
How much does 23351 Fm 150 W, Driftwood TX 78619 cost?
23351 Fm 150 W, Driftwood TX 78619 is listed for sale at $1,599,900.
What are the property taxes on 23351 Fm 150 W, Driftwood TX 78619?
The annual property taxes on 23351 Fm 150 W, Driftwood TX 78619 are $20,831 (as of 2025).
How big is the lot at 23351 Fm 150 W, Driftwood TX 78619?
The lot at 23351 Fm 150 W, Driftwood TX 78619 is 2.003 acres.
What type of property is 23351 Fm 150 W, Driftwood TX 78619?
23351 Fm 150 W, Driftwood TX 78619 is a commercial sale property.
What subdivision is 23351 Fm 150 W, Driftwood TX 78619 in?
23351 Fm 150 W, Driftwood TX 78619 is located in the Howard Subdivision subdivision in Driftwood, TX.
What heating and cooling does 23351 Fm 150 W, Driftwood TX 78619 have?
23351 Fm 150 W, Driftwood TX 78619 has central, fireplace(s), heat pump heating and ceiling fan(s), central air, wall/window unit(s) cooling.
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