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400 Old Highway 290
Dripping Springs, TX 78620 Hill Country

$13,900,000 USD

Land For Sale  •  22.7 AC

Property Details

  • Property Type Land
  • Lot Size 22.7 AC
  • Zoning Commercial
30 Walk Score

Description

22.7 acres directly across from Dripping Springs High School, with an incredible approximate 2,700' combined frontage 1) on the new Roger Hanks Parkway extension linking busy RR 12 to bustling Hwy 290, and 2) along Old U.S. 290. 
This attractive, well-built 16,006 SF facility was previously used as a memory care center. It could be used for assisted living, memory care, rehab, mini-hospital, office, wellness center, or other.  This facility has 17 rooms, 22 bathrooms (including 4 showers), a large dining room and kitchen, a large fitness room, plus many meeting rooms, waiting rooms, offices, and courtyards. This beautiful acreage is right in the heart of booming Dripping Springs, near Austin, TX. The property is zoned commercial and could potentially be used as multi-family.  This property also includes a 2054 SF house leased to a private school and a large metal building with an office. 
There is city water on the property. The facility and house are on septic. 
This property is optimally located with  22.7 acres and approximately 2,700 feet of frontage in very central Dripping Springs. There are no listings like it on the market today. The seller was approached by a popular hospital to build-to-suit a physical rehab center along Roger Hanks. This could be a winning option for a section of the frontage, but many options are possible. Broker/Owner David Foster 512-751-1100

Highlights

22.7 acres centrally located in Dripping Springs, TX, directly across from the high school. Approximately 2700' of frontage! Old Hwy 290 & Roger Hank
OWNER FINANCE available for full purchase
1 ACRE up to 18 ACRE tracts available or purchase the full 22.7 ACRES
Roger Hanks Pkwy now connects RR 12 to U.S. 290 - significant traffic count along the 2700' frontage
Gorgeous well built assisted living / medical / office/school 16006 SF facility vacant, plus a leased 2054 SF house and metal building,
63 LUEs allotted when city sewer reaches property, with the possibility of 30 add'l LUEs. Facility currently on septic. City water to property.

Public Transportation

AirportDriveWalkDistance
Austin-Bergstrom International 49 min - 30.7 mi
David Foster 512-751-1100 David Foster
David Foster 512-751-1100 David Foster