400 Old Highway 290 - Commercial LAND FOR SALE


Dripping Springs, TX 78620- Hill Country988,812 SF
$13,900,000 USD
512-751-1100
400 Old Highway 290, Dripping Springs, TX for Sale
$13,900,000 USD
Commercial LAND - FOR SALE
1/49
988,812 SF

400 Old Highway 290
Dripping Springs, TX 78620
Hill Country


HIGHLIGHTS

  • 22.7 acres very centrally located in Dripping Springs, TX, directly across from the high school.
  • Approximately 2700' of frontage! Old Hwy 290 & Roger Hanks Pkwy Old Hwy 290
  • 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.

OVERVIEW

22.7 acres directly across from Dripping Springs High School, with an incredible combined frontage of 2700 Feet on the new Roger Hanks Parkway extension linking busy RR 12 to bustling Hwy 290, and Old Hwy. 290 1 acre to 18 acre pads available. Or purchase the entire 22.7 acres. There is a very attractive, well-constructed 16,006 SF facility that was formerly used as a memory care center. It could be used for assisted living, memory care, rehab, a mini-hospital, an office, a wellness center, a lab, 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, covered porches, and a courtyard. This beautiful acreage is right in the heart of booming Dripping Springs, near Austin, and only 38 minutes from the airport. The property is zoned commercial and could potentially be used for multi-family. This property also includes a 2054 SF house leased to a private school and a large metal building with an office. This property is optimally located along the new thoroughfare in Dripping Springs. A popular hospital approached the seller 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. The seller maintains a wildlife tax exemption. Broker/Owner David Foster 512-751-1100

FOR SALE DETAILS

PRICE

$13,900,000 USD

PRICE/ACRE

$612,335/AC

PRICE/SF

$14 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use, Hospitality, Apartment Units, Apartment Units - Senior, Apartment Units - Subsdzd, Community Center, Health Care, Hold for Development, Hotel, Medical, Motel, Rehabilitation Center, Religious Facility, Restaurant, Schools, Service Station, Storefront Retail/Office, Strip Center, Theater/Concert Hall

LAND ACRES

22.7 AC

LAND SF

988,812 SF

OFFSITE IMPROVEMENTS

Water, Electricity, Streets, Cable, Telephone

ZONING

Commercial

APN/PARCEL ID

R99956,R99966

ASK ABOUT THIS PROPERTY

David FosterDavid FosterMore Info
512-751-1100

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David FosterDavid FosterMore Info
512-751-1100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.