400 Old Hwy 290, Dripping Springs, TX 78620 For Sale

22.7 acres comprised 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.

Owner Finance possible.

The property includes an attractive 16,006 SF facility, which was formerly used as a memory care center. It could be used for assisted living, memory care, rehab, mini-hospital, office, wellness center, research labs, or other uses. 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. The facility is available for lease at $24/SF/YR NNN. Smaller tracts may also be made available. An owner's study of running a memory care facility in this property is available upon request.

This large tract sits right in the heart of booming Dripping Springs, across from Dripping Springs High School near Austin, TX. The property is zoned commercial and could potentially be used as multi-family. This property also includes a 2054 SF house and a large metal building with an office, which are currently leased to a private school.

This property is optimally located with 22.7 acres and approximately 2,700 feet of frontage. There is no comparable property in the area; this property is much nicer than most commercial offerings in the area. This property is also listed for sale & the seller is willing to sell parcels of the acreage ranging from 2 acres up to the full 22.7 acres. Seller is willing to owner-finance this property. Presented by David Foster, Owner/Broker.