Investor special with exceptional upside on an almost 3-acre corner lot outside the city limits, located in highly acclaimed Dripping Springs ISD. This nearly 3,000 square foot property offers a rare opportunity to renovate, expand, or reimagine a spacious home on a large, unrestricted tract surrounded by mature, healthy live oak trees that provide privacy and Hill Country charm. The home features two separate living rooms, each with its own fireplace, creating flexible living and entertaining spaces. An office located above the garage adds additional square footage ideal for working from home, a studio, or guest overflow. There are multiple possible locations for adding a third bedroom, allowing for customization of the floor plan to suit future needs. A durable metal roof adds long-term value and peace of mind. Outdoor features include a 5.5-foot deep swimming pool, gazebo, and storage shed, with abundant room to expand. The expansive lot provides ample space to add a shop, detached garage, pool casita, or guest house, making this property ideal for investors, renovators, or buyers seeking multi-structure potential. With the property being outside city limits, owners benefit from added flexibility and fewer restrictions. The home is in need of remodeling, presenting a strong value-add opportunity. Previous water damage caused by an AC drain line backup has been fully remediated, and all affected areas have been addressed. With generous square footage, valuable land, and endless possibilities for improvement, this property is a standout opportunity to create a custom estate, income-producing property, or long-term investment in a prime location. All information provided is deemed reliable but not guaranteed. Buyer and Buyer’s Agent to independently verify all information including, but not limited to, square footage, lot size, schools, taxes, restrictions, and condition of the property.