400 W Old Hwy 290, Dripping Springs, TX 78620
Gated former memory care facility on acreage with multiple wings, client rooms, dining areas, and covered patios.
Property Features for 400 W Old Hwy 290
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Based on property information with market context.
The gated entrance is located on Old Hwy 290, a short distance from Highway 290 and Roger Hanks Parkway. The facility sits on mature oak trees with pastoral views, near Dripping Springs High School.
The current configuration lends itself to a range of healthcare and service uses, including assisted living, memory care, rehab, office, wellness center, lab, or other compatible uses. The seller indicates willingness to expand the acreage included, potentially to include access to Roger Hanks Parkway directly across from the high school, and also offers owner financing. The larger available 22.74-acre site could support development of a multi-care level campus with retail and services for residents, subject to applicable approvals.
Key Highlights
- 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
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Demographics for 78620, TX
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- Grace and Pax House — 1459 w hwy 290, dripping springs, tx 78620