1501 Elder Hill RD

$3,600,000
Available

Property Details

ID: 86827
Status: Available
Price: $3,600,000
Acres: 21
Type: Commercial, Business Opportunity
Address: 1501 Elder Hill RD
City, State: Driftwood, Texas
County: Hays
Zip Code: 78619

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.


Contact us today to schedule a private tour or request a full breakdown of current lease terms and investment performance.

Directions: DriftwoodTexas 78619 Head west on Elder Hill Rd? Destination will be on the right?1.3 mi1501 Elder Hill RdDriftwood, TX 78619

Additional Details

Home Details

Sq Ft: 7623.00

The information contained herein has been gathered from sources deemed reliable; however, the Mock Ranches Group, Keller Williams Realty and its associates, members, agents and employees cannot guarantee the accuracy of such information. No representation is made as to the possible investment value or type of use. Prospective buyers are urged to verify all information to their satisfaction and consult with their tax and legal advisors before making a final determination.

Real Estate buyers are hereby notified that properties in the States of Texas are subject to many forces and impacts, natural and unnatural; including, but not limited to weather related events, environmental issues, disease (e.g. Oak Wilt, Chronic Wasting Disease, or Anthrax), invasive species, illegal trespassing, previous owner actions, actions by neighbors and government actions. Prospective buyers should investigate any concerns to their satisfaction.

Max Ramsey
Max Ramsey
Accredited Land Consultant | Associate Broker

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Max Ramsey
Accredited Land Consultant | Associate Broker
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