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120 David Wade Dr 135,102 SF Health Care Building Offered For Sale in Victoria, TX 77905

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EXECUTIVE SUMMARY

CBRE’s National Behavioral Health Group presents a rare opportunity to acquire a 422-acre behavioral health campus just two hours southwest of Houston. Formerly operated by Devereux Foundation, this expansive property has a legacy of delivering mental health, child welfare, and IDD services, including residential treatment, education, and vocational programs.
The campus features a gym, playground, dining hall, and extensive outdoor recreation and training areas—ideal for continued behavioral health use or adaptive reuse as a camp, retreat, or conference center. Offered As-Is.

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Health Care
Property Subtype
Rehabilitation Center
  • Healthcare Assisted Living
  • Healthcare Skilled Nursing Facility
Building Class C
Lot Size 422.00 AC
Building Size 135,102 SF
No. Beds 60
No. Stories 1
Year Built/Renovated 1970/2018

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01020-000-02201
Land Assessment
$313,020
Improvements Assessment
$0
Total Assessment
$313,020
  • Listing ID: 36562731

  • Date on Market: 7/1/2025

  • Last Updated:

  • Address: 120 David Wade Dr, Victoria, TX 77905

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