Assisted Living

Dripping Springs, TX Assisted Living Facilities for Sale

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Assisted Living Facility with Courtyard
Updated: Jun 1
Assisted Living Facility with Courtyard

400 W Old Hwy 290, Dripping Springs, TX 78620

$13,900,000
18,060 sqft 22.74 AC lot
Former memory care facility built in 2001 on a gated property in Dripping Springs, TX, near Dripping Springs High School
3 building wings with 17 guest/client rooms plus multiple offices, large dining room and kitchen, and a reception area
22 restrooms and 4 showers, including a medicine room and an exercise room, with large windows for natural light
Includes several covered patios, an attached apartment, and an attractive courtyard; raised herb gardens are on site
On‑site client amenities include a client beauty salon nook and a large activity room
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Commercial Land with Dual-Road Frontage
Updated: Sep 30
Commercial Land with Dual-Road Frontage

00 Roger Hanks Pkwy, Dripping Springs, TX 78620

$6,200,000
9.7 commercial acres
Approximately 1,800 feet of frontage on Roger Hanks Parkway and Old Hwy 290
Across from Dripping Springs High School
Roger Hanks Parkway extension connects W Hwy 290 and RR 12 N
City water available; septic needed and city sewer coming
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Dripping Springs, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Licensed Type B Assisted Living Facility
Licensed Type B Assisted Living Facility

12119 San Miguel, San Antonio, TX 78233

$749,000
2,627 sqft 0.16 AC lot

Licensed residential care setting with dedicated support space, walk-in bathing areas, and a permitted food-service kitchen.

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Nursing Home with Commercial Kitchen
Nursing Home with Commercial Kitchen

1405 W Storey Street, San Saba, TX 76877

$465,000
1.02 AC lot

Former care facility with ADA bathing areas, staff offices, laundry space, and on-site parking.

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Nursing Home Building with Kitchen
Nursing Home Building with Kitchen

1405 W Storey, San Saba, TX 76877

$465,000
1.02 AC lot

Purpose-designed care facility with resident rooms, ADA showers, staff offices, laundry space, and substantial parking.

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Assisted Living Facility with Deck
Assisted Living Facility with Deck

4154 Swans Landing, San Antonio, TX 78217

$900,000

Former office building converted to licensed assisted living with 16-person capacity and wheelchair-accessible showers.

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Dripping Springs, TX Assisted Living Facilities Market Trends and Statistics

Explore 2 assisted living facilities for sale in Dripping Springs, TX on our real estate platform. These investment opportunities span a total of 18,060 square feet of properties for sale, with an estimated market value of $20,100,000.

Sale prices for assisted living facilities in Dripping Springs, TX start at $6,200,000, averaging $10,050,000, and reaching up to $13,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Assisted living facilities 3
Rehabilitation centers 2
Medical space 1

Demographics Overview

Population 21K
Population Growth (5Y) +22.2%
Median Household Income $146,551
College Educated 83.1%

High-Yield Neighborhoods for Investment

Identify Dripping Springs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
78620 $10.4M

Taxes & Financing

Tax Rate (average for all types) 1.51%
Property Tax per SF $39.84 per SF
Tax Rate vs County Average 0.22 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hays County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Dripping Springs fall within the 100,000+ square foot range.

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