400 W Us-290, Dripping Springs, Texas

$14,500,000

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18,060

Square feet

19.21

Acres

About 400 W Us-290

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.

Features of 400 W Us-290

MLS® # 555578
Price $14,500,000
Bathrooms 0.00
Square Footage 18,060
Acres 19.21
Year Built 2001
Type Commercial
Sub-Type Commercial
Status Active

Community Information

Address 400 W Us-290
City Dripping Springs
County Hays
State Texas
Zip Code 78620

Amenities

Amenities Trail(s)
Utilities Electricity Available
Features Trails/Paths
Parking Circular Driveway, Parking Space(s), Handicap
View Meadow, Panoramic
Is Waterfront No
Has Pool No

Interior

Interior Laminate
Heating Central
Cooling Central Air
Fireplace No
# of Stories 1
Stories One

Exterior

Exterior Features Lighting
Roof Composition, Metal, Shingle
Construction Brick, Masonry
Foundation Slab

School Information

District Dripping Springs ISD

Additional Information

Date Listed September 3rd, 2024
Days on Market 1
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeDavid Foster, Broker

Listing Map

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