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FOR SALE
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$2,450,000

4002 Highway 290 Highway, Dripping Springs, TX 78620

5,000

sqft

1.57

acres

Estimated Mortgage: $13,493/moGet Prequalified
Business

About This Home

• 1.571 acres in the Dripping Springs ETJ with 35% impervious cover.1 • 5,000 sq.ft. energy-efficient building with combination of offices and open area and is currently used as a coffee shop and office/co-working space. • Can be a wide variety of commercial uses such as a restaurant, retail space, office/co-working space, salon/spa, auto, etc. • Major visibility and accessibility to Hwy 290 between Dripping Springs and the Belterra community. • Parking is ample with at least 28 spaces with the potential for more • On septic and rainwater collection. West Travis Utility water available. • Asking Price: $2,450,000 • NOTE: The adjacent property at 4004 E Hwy 290 is also available for purchase. Combined with the subject property would provide up to 3.261 acres for development with current combined improvements totaling 13,721 sf

Listings checked every few minutes. MLS# 4320389 was Last Updated: 03-16-2026.

Listed by Susannah Davis, Tower Commercial (512) 623-9191

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Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

What is the Sunset Canyon neighborhood like?

Sunset Canyon is located 25 minutes west of downtown Austin in Dripping Springs, with over 110 homes situated on 1+ acre lots overlooking the Hill Country. The established neighborhood combines Hill Country character with modern conveniences, offering median prices around $730,000. Homes range from 1980s construction to newer builds, many featuring expansive views and mature landscaping. The low tax rate and abundance of acreage attract buyers seeking stability and land ownership without premium pricing typical of closer-in master-planned communities. Properties in Sunset Canyon typically span 1+ acres with mature trees, spacious layouts for horses or agricultural projects, and direct views toward the Texas Hill Country landscape. Real estate values have declined approximately 14% year-over-year as of early 2026, with median days on market around 66-67 days reflecting a shift toward realistic pricing after the previous seller's market. The inventory situation in Dripping Springs broadly shows 8,000 permitted new residential lots across the jurisdiction, creating a buyer-favorable market with realistic pricing.

Explore Sunset Canyon

What employers are near 4002 Highway 290 Highway?

  • Austin-based tech employers (Technology)
  • Healthcare systems (Healthcare)
  • HEB (Retail)

How does this property compare to others in Sunset Canyon?

4002 Highway 290 Highway is listed at $2.5M vs. the $800K median in Sunset Canyon. The neighborhood average is $361/sqft. Homes in Sunset Canyon average 8 days on market.

MetricSunset Canyon
Median List Price$800K
Median Sold Price$818K
Average Days on Market8
Average Price per Sqft$361
Active Listings11

Market data as of May 2026.

Frequently Asked Questions

How much is 4002 Highway 290 Highway?

4002 Highway 290 Highway is listed for $2,450,000. It features 5,000 square feet, 1.573 acres. Built in 1997.

What neighborhood is 4002 Highway 290 Highway in?

4002 Highway 290 Highway is located in the Sunset Canyon neighborhood of Dripping Springs, Texas.

How does 4002 Highway 290 Highway compare to other homes in Sunset Canyon?

The asking price of $2,450,000 is 206.3% higher than the median home price of $800K in Sunset Canyon. At $490/sqft, it compares to the neighborhood average of $361/sqft.

What are the details of 4002 Highway 290 Highway?

4002 Highway 290 Highway was built in 1997, and sits on 1.573 acres of land, and is a business style home.