400 W Old Hwy 290, Dripping Springs TX 78620
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About This Property
This gorgeous 16,006 SF building is available for lease, including approximately 4 acres on which the facility is situated. The facility sits on a 22.7 acre lot, directly across from Dripping Springs High School, along Roger Hanks Parkway. The building was previously leased to a memory care provider and later a private school. It would be well-suited for assisted living, memory care, rehab, mini-hospital, office, wellness center, private school, church, or other. This facility features 17 rooms, 22 Bathrooms (including 4 showers), a spacious dining room and kitchen, a large fitness room, as well as numerous meeting rooms, waiting areas, offices, and courtyards. The lease will be NNN, with a base rent of $24/SF/YR. The property is serviced by city water and an aerobic septic system. The beautiful acreage is home to deer and other wildlife, situated right in the heart of booming Dripping Springs near Austin. Additional land may be available as part of this lease or separately. David Foster, Owner/Broker
Location
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Property Details
Listing History
| Apr 20, 2026 | Listed | Listing Courtesy of David Foster, Broker - david@longriverrealestate.com | $24 |
| Jul 30, 2025 | Off Market | ||
| Aug 2, 2024 | Listed | $2 |
| Aug 1, 2025 | Pending | ||
| Jul 30, 2025 | Off Market | ||
| Jun 17, 2025 | Price Change | $13,900,000 | |
| Aug 1, 2024 | Listed | $14,500,000 |
| Jun 15, 2023 | Off Market | ||
| May 11, 2023 | Listed | $2 |
| May 31, 2022 | Off Market | ||
| Apr 15, 2021 | Listed | $25 |
| Mar 13, 2020 | Off Market | ||
| Oct 28, 2019 | Listed | $15,000,000 |
| Sep 16, 2019 | Off Market | ||
| Apr 10, 2019 | Listed | $8,500,000 |
Frequently Asked Questions About 400 W Old Hwy 290, Dripping Springs TX 78620
When was 400 W Old Hwy 290, Dripping Springs TX 78620 built?
400 W Old Hwy 290, Dripping Springs TX 78620 was built in 2001.
How much does 400 W Old Hwy 290, Dripping Springs TX 78620 cost?
400 W Old Hwy 290, Dripping Springs TX 78620 is listed for sale at $24.
How big is the lot at 400 W Old Hwy 290, Dripping Springs TX 78620?
The lot at 400 W Old Hwy 290, Dripping Springs TX 78620 is 4 acres.
What type of property is 400 W Old Hwy 290, Dripping Springs TX 78620?
400 W Old Hwy 290, Dripping Springs TX 78620 is a commercial lease property with 1 story.
What subdivision is 400 W Old Hwy 290, Dripping Springs TX 78620 in?
400 W Old Hwy 290, Dripping Springs TX 78620 is located in the Philip A Smith Survey subdivision in Dripping Springs, TX.
How long was 400 W Old Hwy 290, Dripping Springs TX 78620 on the market?
400 W Old Hwy 290, Dripping Springs TX 78620 was on the market for 2 days, listed on April 20, 2026.
What heating and cooling does 400 W Old Hwy 290, Dripping Springs TX 78620 have?
400 W Old Hwy 290, Dripping Springs TX 78620 has central, electric, exhaust fan, fireplace(s), hot water, separate meters, zoned heating and central air cooling.
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