Medical Center

Dripping Springs, TX Medical Centers for Sale

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Austin, TX Driftwood, TX Wimberley, TX Lakeway, TX Johnson City, TX Briarcliff, TX Bee Cave, TX Blanco, TX
Assisted Living Facility with Courtyard
Updated: May 27
Assisted Living Facility with Courtyard

400 Old Highway 290, Dripping Springs, TX 78620

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16,006 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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Rehabilitation and Care Facility Campus
Updated: Aug 1, 2024
Rehabilitation and Care Facility Campus

400 W Old Hwy 290, Dripping Springs, TX 78620

$13,900,000
18,060 sqft 22.70 AC lot
22.7‑acre commercial campus with a recently vacated 16,006 SF facility formerly used as a memory care center
Approx. 2,700' combined frontage across from Dripping Springs High School along the Roger Hanks Parkway extension and Old U.S. 290
Facility layout includes 17 rooms and 22 bathrooms (including 4 showers), plus large dining/kitchen, fitness room, meeting rooms, offices, waiting rooms, and courtyards
Utility capacity includes city water on the property; currently served by septic, and has 63 LUEs with potential for 30 additional LUEs when city sewer reaches
Zoned commercial with potential for multi‑family use; includes a 2,054 SF leased house and a large metal building with an office
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Dripping Springs, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Built-Out Medical Office Space
Built-Out Medical Office Space

9011 Mountain Ridge Drive, Austin, TX 78759

$2,000,000
4,854 sqft

Ground-floor entry with reception, exam rooms, private offices, and covered parking.

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Medical Office Development in Leander
Medical Office Development in Leander

000 San Gabriel Parkway, Leander, TX 78641

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60,000 sqft

Medical office development opportunity near HCA St. David’s Hospital.

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Medical Office with Long-Term Leases
Medical Office with Long-Term Leases

1660 Raider Way, Leander, TX 78641

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13,264 sqft

For sale medical office leased to an Emergency Animal Hospital and ACES Autism Therapy under 5- and 20-year commitments.

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Fully Leased Medical Office Building
Fully Leased Medical Office Building

7000 Bee Caves Rd, Austin, TX 78746

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20,042 sqft 1.00 AC lot

Purpose-built medical office building on 1 acre with 20,042 SF and multiple tenants.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Medical Development Land Sites Portfolio
Medical Development Land Sites Portfolio

San Antonio, TX 78233

Contact for pricing
4,212 sqft

Two Northeast San Antonio medical development land sites for sale.

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College Station Commercial Land Opportunity
College Station Commercial Land Opportunity

3906 Rock Prairie Road, College Station, TX 77845

$2,930,500
10.35 AC lot

Ideal location near Baylor Scott and White Hospital campus.

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Commercial Land with Drive-Thru Potential
Commercial Land with Drive-Thru Potential

6050 S Collins Street, Arlington, TX 76018

$2,631,024
3.02 AC lot

3.02-acre corner site with 820' frontage and public utilities, zoned CC for community-commercial uses.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

8.402 AC W US Hwy 180, Mineral Wells, TX 76067

$525,000
8.40 AC lot

Commercial land with public water and public sewer and approximately ONE THOUSAND FEET of highway frontage on US Hwy 180.

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Dripping Springs, TX Medical Centers Market Trends and Statistics

Explore 2 medical centers for sale in Dripping Springs, TX on our real estate platform. These investment opportunities span a total of 34,066 square feet of properties for sale, with an estimated market value of $13,900,000.

Sale prices for medical buildings in Dripping Springs, TX average $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 4
Rehabilitation centers 3
Medical 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 $13.9M

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Hays County

Residential Income

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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