Assisted Living Facility with Medical
820 & 830 E Princeton Dr, Princeton, TX 75407
164-unit assisted living facility with medical office in Princeton, TX.
Type:Assisted Living Facility & Medical Office
Property size:
111,560 SFLot size:
6.78 Acres- Added:
- Jan 27, 2026
- Days on Market:
- 112
- Last Refresh:
- Feb 11 at 7:34 pm
Property Features for 820 & 830 E Princeton Dr
General Information
- Standard status
- Active
- Size
- 111,560 SF
- Lot size
- 6.78 Acres
- Property subtype
- Assisted Living Facility & Medical Office
Building Details
- Year Built
- 1997
Listing agent Michael Kneifel (847) 201-2322
Listing office Hilco Real Estate - Corporate (847) 201-2322
Listing date Jan 27, 2026
Source Hilcorealestatesales
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Hilco Real Estate - Corporate
HighLights
- Large assisted living and memory care facility featuring 164 units in a 111,559± SF complex.
- Value‑add or redevelopment opportunity.
- Includes a detached turnkey 3,000± SF medical office.
- Located on 6.78± AC.
- Amenities include a chapel, library, courtyard, beauty salon, dining hall and recreational rooms.
- Close proximity to multiple schools and new multifamily developments.
Overview
Villa Asuncion is an assisted living and memory care facility encompassing approximately 6.78 acres. The complex, totaling approximately 111,559 square feet, features 164 units. Constructed in 1997 and expanded around 2010, the property includes semi-private and private rooms, along with a secured memory care unit. A detached, turnkey medical office of approximately 3,000 square feet is also located on the premises. The facility offers amenities such as a chapel, library, courtyard, beauty salon, dining hall, and recreational rooms. Pet accommodations are available, and on-site nursing staff provides medical support. Previously licensed under the state of Texas for Type A and Type B assisted living, Villa Asuncion is suitable for healthcare owner-operators or redevelopment. The property is located directly across from new multifamily developments, including Southgate Apartments, Cypress Creek at Hazelwood Street, and Hazelwood Apartments. It is adjacent to Princeton High School, Lovelady High School, Clark Middle School, and Canup Early Childhood Center.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dr. Eduardo G. ...
Physician
Acosta And Acosta Mds
Physician
Similar Places Nearby
- Princeton Medical Lodge — 1401 W Princeton Dr, Princeton, TX 75407
Location Insight
- Map
- Local Demand
- City
- Princeton
- County
- Collin
- State
- Texas
- Longitude
- -96.5158
- Latitude
- 33.1769
Nearby Similar for Sale
FAQs
What type of property is this?
Assisted living facility - 164-unit assisted living facility with medical office in Princeton, TX.
Where is this assisted living facility located?
The property is located at 820 & 830 E Princeton Dr Princeton, TX.
What are key features of this property?
This property features: Large assisted living and memory care facility featuring 164 units in a 111,559± SF complex.; Value‑add or redevelopment opportunity.; Includes a detached turnkey 3,000± SF medical office.
