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.
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Listing Snapshot
Price
$14,500,000
Days On Site
105 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
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Recent Activity
3 months ago
Listing first seen on site
3 months ago
Listing 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
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
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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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