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