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$14,500,000
143 Days On Site

400 W Old Hwy 290
Dripping Springs, TX 78620

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
18,060
SqFt
$803
/SqFt
2001
Built
Subdivision:
Philip A Smith Survey
County:
Hays
400 W Old Hwy 290400 W Old Hwy 290400 W Old Hwy 290400 W Old Hwy 290
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Monthly Payment (Est.)

$66,155
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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.

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Listing Snapshot
Price 
$14,500,000
Days On Site 
143 Days
Bedrooms 
N/A
Inside Area (SqFt) 
18,060 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
22.713 Acres
Year Built 
2001
MLS® Number 
9156164
Status 
Active
Property Tax 
$38,505.77
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 months agoListing first seen on site
5 months agoListing updated with changes from the MLS®
General Features
Acres 
22.713
Additional Property Use 
Medical/DentalMixed UseOffice
Disclosures 
Owner/ Agent
Parking 
AsphaltGated
Parking Spaces 
26
Property Condition 
Updated/Remodeled
Property Sub Type 
Mixed Use
Security 
Smoke Detector(s)Fire AlarmFire Sprinkler SystemSecurity GateSecurity LightsSecurity System
Sewer 
Aerobic Septic
Special Circumstances 
Standard
SqFt Total 
18060
Utilities 
Electricity ConnectedPhone AvailableWater Connected
Water Source 
Public
Zoning 
CS - Commercial Zoning
Interior Features
Cooling 
Central Air
Flooring 
TileVinyl
Heating 
CentralElectricExhaust FanFireplace(s)Hot WaterSeparate MetersZoned
Interior 
High Speed Internet
Laundry Features 
Electric Dryer HookupWasher Hookup
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Exterior Features
Construction Details 
HardiPlank TypeStone
Lot Features 
Rolling Slope
Other Structures 
See Remarks
View 
PastureTrees/Woods
Waterview 
PastureTrees/Woods
Community Features
Accessibility Features 
Accessible BedroomCentral Living AreaAccessible ClosetsCommon AreaCustomized Wheelchair AccessibleAccessible EntranceAccessible Full BathAccessible Hallway(s)Accessible KitchenAccessible Kitchen Appliances
Financing Terms Available 
CashConventional
MLS Area 
HD
Listing courtesy of David Foster, Broker david@longriverrealestate.com


All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied.
Data last update - 2024-10-29 07:00 PM CDT

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Neighborhood & Commute
Source: Walkscore
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