Listing Courtesy of: David Foster - David Foster, Broker 512-751-1100
$14,500,000 affordable loan icon Calculate Payment

400 W Old Hwy 290 Dripping Springs, TX 78620

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Mixed Use Residence
Beds
Baths
18,060 Sq. Ft.
22.71 Acre Lot

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Last updated on 11/11/2024 12:19 PM
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. Continue reading
MLS#
9156164
Property Type
Mixed Use
Year Built
2001
Square Feet
18,060 sq. ft
Lot Size
22.71
Sewer
Aerobic Septic

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Listing Courtesy of: David Foster - David Foster, Broker 512-751-1100
This content last refreshed on 11/11/2024 12:19 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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