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400 W Old Hwy 290

dripping springs, TX 78620

$13,900,000

  • contract signed

INTERESTED? LET'S CONNECT

22.7 acres comprised of 2 lots 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.
There is city water on the property. The facility and house are on septic. The property has assignments from the city of 63 LUEs, with a potential of 30 additional LUEs, once the city sewer reaches it.
There is a gorgeous 16,006 SF facility recently vacated by a private school. The facility was formerly used as a memory care center, so 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 home to deer and other wildlife right in the heart of booming Dripping Springs, near Austin. The seller maintains a wildlife tax exemption. The property is zoned commercial and could potentially be used as multi-family. This property also includes a 2054 SF house, which is leased to a private school, and a large metal building with an office.
This property is optimally located with 22.7 acres and approximately 2,700' of frontage in very central Dripping Springs. The seller was once approached to build-to-suit a physical rehab center along Roger Hanks by a popular hospital. This could be a winning option for a section of the frontage, but many options are possible.
Owner/Broker.

Details

18,060 Sq Ft

22.713 Private Acres Lot Size

Commercial

Built in 2001

MLS/Listing ID 9156164

Amenities & Features

Accessible Full Bath

Accessible Hallways

Accessible Kitchen

Accessible Entrance

Accessible Closets

Accessible Bedroom

Accessibility Features

Accessible Kitchen Appliances

Central Living Area

Common Area

Customized Wheelchair Accessible

Hand Rails

Pasture View

Trees Woods View

Parking - Asphalt

Parking - Gated

Lot - Medium Trees

Dryer Hookup

Electric Dryer Hookup

Washer Hookup

Heating - Electric

Heating - Zoned

Tile

Vinyl

Construction - Hardi Plank Type

Construction - Stone

Community - Fitness Center

ACTRIS

Interested in 400 W Old Hwy 290?