- For Sale $5,600,000
- Property Type Industrial - Flex - Industrial
- Property Size 25,000 SF
- Lot Size 10 Acre
- Property Tenancy Multi-Tenant
- Date Updated Jul 22, 2026
- HVAC None
Description
Prime Commercial Property in Driftwood, TX – 18992 FM 150
Located in the heart of Driftwood, Texas, 18992 FM 150 offers a prime commercial real estate opportunity in a rapidly growing area. This property benefits from high visibility and easy access along FM 150, a well-traveled corridor connecting Driftwood, Dripping Springs, and Kyle.For Sale
18992 FM 150 | Driftwood, Texas
Investment Opportunity with Multiple Income Streams in the Heart of the Texas Hill Country
Positioned along the highly traveled FM 150 corridor in the heart of Driftwood, this unique commercial property offers investors and owner-users the rare opportunity to acquire a diversified income-producing asset in one of Central Texas' fastest-growing markets. Combining commercial, hospitality, recreational, and advertising revenue, the property provides immediate cash flow with significant long-term upside.
Property Highlights
• Approximately 25,000 SF across two commercial buildings
• Diversified income generated from multiple complementary revenue sources
• Baseball field leased to a premier select baseball organization
• Six established short-term vacation rentals with the current owner willing to execute a five-year leaseback, providing stable and predictable income at closing
• On-site billboard generating additional passive revenue
• Flexible commercial improvements suitable for office, retail, warehouse, entertainment, or mixed-use operations
• Excellent frontage and visibility along FM 150
• Convenient access to Dripping Springs, Kyle, Wimberley, and South Austin
• Located in one of the region's most sought-after destinations, surrounded by wineries, breweries, wedding venues, restaurants, and year-round tourism
• Opportunity to increase value through future redevelopment, expansion, or repositioning
Ideal For
• Investors seeking a stable, diversified income-producing asset
• Owner-users looking to occupy a portion of the property while benefiting from existing cash flow
• Hospitality, entertainment, sports, or recreational operators seeking a unique Hill Country destination
• Family offices and private investors pursuing long-term appreciation in a high-growth market
Investment Highlights
Assets offering this level of income diversification are rarely available. With commercial space, hospitality income, recreational tenancy, and advertising revenue all on a single property, buyers benefit from multiple sources of cash flow while maintaining flexibility for future use. Located in the rapidly expanding Driftwood and Dripping Springs corridor, the property is well positioned to capitalize on continued residential growth, tourism, and commercial development throughout the Texas Hill Country.
For pricing, financial information, or to schedule a private tour, please contact the listing brokers.
Highlights
- ±25,000 SF of versatile commercial improvements across two buildings
- A few additional bullets that would really elevate the flyer if they're accurate:
- Approximately 70% occupied, providing immediate in-place cash flow with leasing upside
- Convenient access to Dripping Springs, Wimberley, Kyle, South Austin, and SH-45, FM 1826, and RM 12
- Diversified income from commercial space, six vacation rentals, a leased baseball complex, and an on-site billboard
- Excellent owner-user opportunity with existing income offsetting occupancy costs
- Flexible commercial improvements suitable for industrial, office, retail, entertainment, recreational, or mixed-use uses
- Flexible zoning allows for a variety of future commercial uses
- Ideal for investors, owner-users, hospitality operators, or redevelopment
- Leased baseball facility providing stable, recurring rental income
- Located in the heart of the rapidly growing Driftwood/Dripping Springs corridor
- Multiple independent revenue streams reduce investment risk
- Opportunity to increase NOI through lease-up and rental rate growth
- Prominent FM 150 frontage with exceptional visibility and exposure
- Rare opportunity to acquire a legacy Hill Country commercial asset
- Significant long-term appreciation potential in one of Central Texas' fastest-growing submarkets
- Six established short-term vacation rentals with seller willing to execute a five-year leaseback
- Surrounded by wineries, breweries, restaurants, wedding venues, and other Hill Country destinations
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Contacts
Andrew Creixell
CSA Realty Group / CORFAC International
Location
Contact Listing Broker
Andrew Creixell
CSA Realty Group / CORFAC International