400 Old Highway 290 Dripping Springs, TX 78620
22.7 acres with 2,700' frontage in central Dripping Springs.
Type:Commercial Sale / Mixed Use
Property size:
18,060 SFLot size:
22.70 Acres- Added:
- Jun 11, 2023
- Days on Market:
- 1045
- Last Refresh:
- Mar 13 at 2:06 pm
Property Features for 400 Old Highway 290
General Information
- Standard status
- Active
- Size
- 18,060 SF
- Lot size
- 22.70 Acres
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 2001
Listing agent David Foster License #0519039 (512) 751-1100
Listing office Broker Empire Realty (512) 751-1100
Listing date Jun 11, 2023
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of Broker Empire Realty
Overview
Dripping Springs Prime Commercial Land
This 22.7-acre property, comprised of two lots, is located directly across from Dripping Springs High School. It features approximately 2,700 feet of combined frontage on the new Roger Hanks Parkway extension, linking RR 12 to Hwy 290, and along Old U. S. 290. City water is available on the property, while the existing facility and house utilize septic systems. The property has assignments from the city of 63 LUEs, with the potential for 30 additional LUEs once city sewer is available. Included on the acreage is a 16,006-square-foot facility, previously used as a private school and formerly a memory care center, making it suitable for assisted living, memory care, rehab, a mini-hospital, office space, or a wellness center. The facility includes 17 rooms, 22 bathrooms (including 4 showers), a large dining room and kitchen, a large fitness room, meeting rooms, waiting rooms, offices, and courtyards. The commercially zoned property also includes a 2,054-square-foot house, currently leased to a private school, and a large metal building with an office. The seller maintains a wildlife tax exemption. The property could potentially be used as multi-family. A popular hospital once considered the location for a build-to-suit physical rehab center along Roger Hanks.
Location Intelligence
Current Use by Public Records
Assisted living facilities
Location Insight
- Map
- Local Demand
- City
- Dripping Springs
- County
- Hays
- State
- Texas
- Longitude
- -98.1046983
- Latitude
- 30.1999726
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 22.7 acres with 2,700' frontage in central Dripping Springs.
Where is this mixed-use property located?
The property is located at 400 Old Highway 290 Dripping Springs, TX.
What is the asking price?
The asking price for this property is $14,500,000.
What are key features of this property?
This property features: Prime commercial location: 22.7 acres with approximately 2,700' combined frontage.; High development potential: Zoned commercial with existing LUEs and potential for more, including multi‑family.; Large existing 16,006 SF facility featuring 17 rooms and 22 bathrooms, suitable for various uses.
