Active

400 W Old Hwy 290

Dripping Springs TX, 78620

$14,500,000


$802.88 per sqft

Active

18,060 sqft

Commercial

Built in 2001

22.7 acres comprised of 2 lots directly across from Dripping Springs High School, with an incredible approximate 2,700' combined frontage 1) on the new Roger Hanks Parkway extension linking busy RR 12 to bustling Hwy 290, and 2) along Old U.S. 290.
There is city water on the property. The facility and house are on septic. The property has assignments from the city of 63 LUEs, with a potential of 30 additional LUEs, once the city sewer reaches it.
There is a gorgeous 16,006 SF facility recently vacated by a private school. The facility was formerly used as a memory care center, so it could be used for assisted living, memory care, rehab, mini-hospital, office, wellness center, or other. This facility has 17 rooms, 22 bathrooms (including 4 showers), a large dining room and kitchen, a large fitness room, plus many meeting rooms, waiting rooms, offices, and courtyards. This beautiful acreage is home to deer and other wildlife right in the heart of booming Dripping Springs, near Austin. The seller maintains a wildlife tax exemption. The property is zoned commercial and could potentially be used as multi-family. This property also includes a 2054 SF house, which is leased to a private school, and a large metal building with an office.
This property is optimally located with 22.7 acres and approximately 2,700' of frontage in very central Dripping Springs. The seller was once approached to build-to-suit a physical rehab center along Roger Hanks by a popular hospital. This could be a winning option for a section of the frontage, but many options are possible.
Owner/Broker.

9156164

MLS ID

August 1, 2024

Listed

January 13, 2025

Updated

Map

400 W Old Hwy 290
Dripping Springs TX, 78620

Interior Features

Floor Description

Tile, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Electric, Exhaust Fan, Fireplace(s), Hot Water, Separate Meters, Zoned

Exterior/Building Features

Lot Size

22.71 Acres


Sewer

Aerobic Septic

Other Property Details

Area Name

HD


Days on Market

151


Garage

No


Parking

Asphalt, Gated


Parking Total

26


View

Yes


View Description

Pasture, Trees/Woods


County

Hays


Water Source

Public


Pool

No


Zoning

CS - Commercial Zoning

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