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    Assisted Living Facility with Courtyard
    Updated: May 27
    Assisted Living Facility with Courtyard

    400 Old Highway 290, Dripping Springs, TX 78620

    $6,000,000
    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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    This listing looks promising.

    Here's a quick look at some key insights for

    400 Old Highway 290, Dripping Springs, TX 78620

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    • Est. Cap Rate

      4.8%
      NOI ÷ price

    • Est. NOI

      $290K
      Annual

    • Price @ 7% Cap

      $4.15M
      Suggested
    View Property Analytics
    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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    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Hays County, TX, we suggest exploring several alternatives:

    Hays County, TX Rehabilitation Centers Market Trends and Statistics

    Explore 2 rehabilitation centers for sale in Hays County, 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 $19,900,000.

    Sale prices for rehabilitation centers in Hays County, TX start at $6,000,000, averaging $9,950,000, 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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