The property is located in southwest Austin on the north side of US Hwy 290 West and is approximately 6 miles west of the “Y” (US Hwy 290 West at Hwy 71) in Oak Hill.  (View Full Screen Map) The two un-platted sites have approximately 2,200 feet of combined frontage on US Hwy 290 West.    The property is located in Hays County and lies within the extraterritorial jurisdiction (“ETJ”) of the City of Dripping Springs and has an Austin address and Austin local phone number.  The current traffic count is estimated at between 21,800 and 22,470 vpd based on 2003 TX DOT counts and applying an annual growth rate of 4.5% to 6%.

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Distances and Commute Times

Ledge Stone is only a short 15 mile drive to downtown Austin and 21 miles to the airport; all on major thoroughfares with minimal traffic signals to deal with. That places Ledge Stone closer to both of these destinations than Lakeway, Steiner Ranch, Cedar park, Round Rock and Pflugerville.

During normal business hours, drive times from the property to both downtown and Austin-Bergstrom International Airport are approximately 25 minutes. Within 5 to 15 minutes, commuters can access some of southwest Austin’s better-recognized neighborhoods, including Covered Bridge, Belterra, Polo Club, Highpointe, The Vistas at Sawyer Ranch, Mira Loma, Circle C, Rim Rock, and Barton Creek / Lost Creek.

Development Features

Available land includes 5 developed commercial sites totaling 10.2 acres in the Village at Ledge Stone (View Plat Maps) and +/- 77 un-platted acres, which are naturally divided by topography into two distinct development sites. Site 1 consists of approximately 39 acres having approximately 1,000 feet of frontage on US Hwy 290 West.  The western ½ of this site is gently rolling and covered with live oaks.  The remaining portion slopes gradually to the east into a wooded draw.  Site 2 consists of approximately 38.25 acres having approximately 1,200 feet of frontage on US Hwy 290 West.  It is gently terraced and slopes from the north downward in a southerly direction. It also has numerous live oak trees and offers spectacular hill country views throughout.

School Information

The property is in the highly regarded Dripping Springs Independent School District.  All four campuses have been rated either Exemplary or Recognized by the Texas Education Agency.

Tax Rates

The total estimated tax rate (per $100 valuation) is $3.18 to $3.23 as follows: Hays County, $0.3751, Dripping Springs ISD $1.7554, Special Road $0.0710, NW Hays County Fire $0.05430, North Hays County ES #1 $0.0300, HCMUD #4 projected rate of $.9000 to $.9500.