400 Old Highway 290

Dripping Springs, TX 78620

$14,500,000
Price
—
Beds
18,060 Sq. Ft.
$803 / Sq. Ft.
18,060
Sq. Ft.
$803
per Sq. Ft.

Description

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...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.
  1. Listed by David Foster • TREC #0519039 • David Foster, Broker • (512) 751-1100

Property Details for 400 Old Highway 290

Subdivision Name
Philip A Smith Survey
Waterfront
No
View
Pasture, Trees/Woods
View YN
Yes
Parcel Number
1004150292000104
Master on Main
No
Year Built Source
Public Records
Property Condition
Updated/Remodeled
LISTING UPDATED: 09/30/2024 01:23 PM

Property Details for 400 Old Highway 290

StatusActive
MLS #9156164
Days on Market112
Taxes$38,506 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built2001
Lot Size22.71 AC / 989,378 SF
CountyHays County

Building Information for 400 Old Highway 290

Stories-Residences-Year Built2001Lot Size22.71 AC / 989,378 SF

Property Information for 400 Old Highway 290

General Information
Parking
  • Parking Total: 26
  • Parking Features: Asphalt, Gated
Interior
  • Flooring: Tile, Vinyl
  • Fireplace: Yes
  • Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • Restrictions: No Lease
Exterior
  • New Construction: No
  • Construction Materials: HardiPlank Type, Stone
  • Accessibility Features: Accessibility Features, Accessible Kitchen Appliances, Accessible Full Bath, Accessible Bedroom, Accessible Closets, Common Area, Customized Wheelchair Accessible, Hand Rails, Accessible Kitchen, Central Living Area, Accessible Entrance, Accessible Hallway(s)
  • Community Features: Fitness Center
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Trees Medium Size
  • Lot Size Source: Appraiser
  • Road Surface Type: Paved
  • Zoning: CS - Commercial Zoning
  • Current Use: Medical/Dental, Mixed Use, Office, Place of Worship
  • Horse: No
Location Information
  • Leasable Area: 18060.0
  • Business Type: Education/School
  • Building Features: Appliances, Cooler(s), Floor Drain(s), Kitchen Facilities, Meeting Room(s), No Loading, Private Restrooms, Public Restrooms, Shower(s), Storage
  • Number Of Buildings: 3
  • Building Area Total: 18,060.00
  • Building Area Source: Public Records
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central, Exhaust Fan, Electric, Fireplace(s), Hot Water, Separate Meters, Zoned
  • Sewer: Aerobic Septic
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Phone Available, Water Connected
  • Water Source: Public
Financial Information
Taxes and HOA Information
  • Tax Assessed Value: $2,289,530
  • Additional Parcels: No
  • Tax Year: 2024
  • Tax Rate: .02%
Showing Information
Showing Information
  • Security Features: Security System, Fire Alarm, Fire Sprinkler System, Security Gate, Smoke Detector(s), Security Lights, Firewall(s)
  • Directions: From downtown Dripping Springs at the intersection of 290 & 12, take 290 west, Right on Roger Hanks Pkwy, next left on Old Hwy 290. Gated entry on right. Property on the corner of Old Hwy 290 & Roger Hanks Pkwy.

Property History for 400 Old Highway 290

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 400 Old Highway 290

This home is within Dripping Springs Independent School District.
Rating
School
Type
Grades
Distance
Walnut Springs Elementary School
Public - PK to 5
Dripping Springs Middle School
Public - 6 to 8
Dripping Springs High School
Public - 9 to 12
Rating
School
Distance
Walnut Springs Elementary School
PublicPK to 5

Dripping Springs Middle School
Public6 to 8

Dripping Springs High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 400 Old Highway 290, Dripping Springs, TX 78620

400 Old Highway 290 is a mixed use property for sale in Dripping Springs, TX 78620. This property was listed for sale on August 1, 2024 by David Foster, Broker, it's currently listed at $14,500,000. This listing's school district is Dripping Springs Independent School District. Nearby schools include Walnut Springs Elementary School, Dripping Springs Middle School and Dripping Springs High School. 400 Old Highway 290 is a 0-bed, 0-bath, 18,060 sqft mixed use property built in 2001.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of David Foster, Broker, David Foster, TREC #0519039

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.