421 Sportsplex Dr, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 2018Total Assessed Value $1,471,987County Hays

Property Details

The Commercial property 421 Sportsplex Dr, Dripping Springs, TX 78620 is located in Hays County. The specific property type is Commercial Improved Land. The total assessed value of this property is $1,471,987.

The gross building area is 6,400 square feet and the land area is 32,670 square feet for this Commercial Improved Land built in 2018.

Legal description: Sportsplex Sub No 3, Lot 5, Acres 0.750

$1,471,987

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area6,400

Land Size32,670

Land Value$624,650

Improved Value$847,337

Total Assessed Value$1,471,987

Year Built2018

County NameHays

Account NumberR113762

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Roof CoverWood shake or shingles

Roof TypeFlat

Type ConstructionOther

Garage TypeNone 0

Exterior WallsBrick

Sales History

4/11/2019

Arms-length$1,375,000

Buyer

Four Two One Sportsplex Llc

Seller

Bent Sky Investments Llc

Book Number

2019.12289

Recording Date

4/11/2019

Transaction Details

Four Two One Sportsplex Llc acquired the property from Bent Sky Investments Llc through a Arms-length transaction on 4/11/2019 for $1,375,000.

10/20/2008

Arms-length$841,400

Buyer

Four Two One Sportsplex Llc

Seller

Berg And Florio, Od, Pa

Book Number

2008-80031847

Recording Date

10/20/2008

Transaction Details

Four Two One Sportsplex Llc acquired the property from Berg And Florio, Od, Pa through a Arms-length transaction on 10/20/2008 for $841,400.

8/26/2008

Arms-lengthNot Disclosed

Buyer

Bent Sky Investments Llc

Seller

Sportsplex Development Inc

Book Number

80025562

Recording Date

8/26/2008

Transaction Details

Bent Sky Investments Llc acquired the property from Sportsplex Development Inc through a Arms-length transaction on 8/26/2008 for .

8/26/2008

Arms-lengthNot Disclosed

Buyer

Bent Sky Investments Llc

Seller

Sportsplex Development Inc

Book Number

2008.80025562

Recording Date

8/26/2008

Transaction Details

Bent Sky Investments Llc acquired the property from Sportsplex Development Inc through a Arms-length transaction on 8/26/2008 for .

8/26/2008

Arms-lengthNot Disclosed

Buyer

Berg & Florio O D Pa

Seller

Sportsplex Development Inc

Book Number

2008.80025562

Recording Date

8/26/2008

Transaction Details

Berg & Florio O D Pa acquired the property from Sportsplex Development Inc through a Arms-length transaction on 8/26/2008 for .

Property constructed in 2018

YSale Price (USD) byXSales Year

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Mortgage History

6/22/2018

Helocs both purchase money and non purchase money helocs$320,000

Borrower

Benty Sky Investments Llc

Lender

Regions Bank

Book Number

2018.22492

Recording Date

6/22/2018

Transaction Details

Benty Sky Investments Llc borrowed the property from Regions Bank through a Helocs both purchase money and non purchase money helocs transaction on 6/22/2018 for $320,000.

10/20/2008

Reo and trustee deeds$673,135

Borrower

Bent Sky Investments Llc

Lender

Broadway National Bank

Book Number

2008.80031848

Recording Date

10/20/2008

Transaction Details

Bent Sky Investments Llc borrowed the property from Broadway National Bank through a Reo and trustee deeds transaction on 10/20/2008 for $673,135.

Property constructed in 2018

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$624,650	$847,337	$1,471,987	$1,471,987	Four Two One Sportsp...	421 Sportsplex Dr St...	Sportsplex Sub No 3,...	C-Ds-Ret	S8056	32,670	6,400
2025	$624,650	$884,085	$1,508,735	$1,508,735	Four Two One Sportsp...	421 Sportsplex Dr St...	Sportsplex Sub No 3,...	C-DS-RET	S8056	32,670	6,400
2024	$624,650	$1,004,564	$1,629,214	$1,629,214	Four Two One Sportsp...	421 Sportsplex Dr St...	Sportsplex Sub No 3,...	C-DS-RET	S8056	32,670	6,400
2023	$570,080	$995,196	$1,565,276	$1,565,276	Four Two One Sportsp...	421 Sportsplex Dr S...	Sportsplex Sub No 3,...	C-DS-RET	S8056	32,670	6,400
2022	$355,660	$1,103,657	$1,459,317	$1,459,317	Four Two One Sportsp...	421 Sportsplex Dr, S...	Sportsplex Sub No 3,...	C-DS-290W	S8056	32,670	6,400
2021	$355,660	$923,236	$1,278,896	$1,278,896	Four Two One Sportsp...	207 San Jacinto, Aus...	Sportsplex Sub No 3,...	C-DS-290W	S8056	32,670	6,400
2020	$355,660	$934,830	$1,290,490	$1,290,490	Four Two One Sportsp...	207 San Jacinto, Aus...	Sportsplex Sub No 3,...	C-DS-290W	S8056	32,670	6,400
2019	$197,590	$105,770	$303,360	$303,360	Bent Sky Investments...	Po Box 91293, Austin...	Sportsplex Sub No 3,...	C-DS-290W	S8056	32,670	6,400
2018	$183,470	$11,200	$194,670	$194,670	Bent Sky Investments...	Po Box 91293, Austin...	Sportsplex Sub No 3,...	C-DS-290W	S8056	32,670	-
2017	$105,850	$10,770	$116,620	$116,620	Bent Sky Investments...	Po Box 91293, Austin...	Sportsplex Sub No 3,...	C-DS-290W	SPORTSPLEX SUBD NO 3	32,670	-

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Comparables

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	421 Sportsplex Dr, Dripping Springs, TX 78620	—	-	32,670	2018	6,400	$ 1,471,987	$ 624,650	-
Rio Bank	15210 Fitzhugh Rd Unit17, Austin, TX 78736	09/24/2025	$ 1,150,000	425,146	2021	5,072	$ 1,199,089	$ 141,000	-
Cap Certified Dev Corporation	404 Headwaters Blvd Ste200, Dripping Springs, TX 78620	09/05/2025	$ 2,484,000	92,826	2024	13,600	$ 3,008,036	$ 278,960	R & S Prep School Holding Thre
Firstlockhart National Bank	26450 S Ranch Rd 12, Dripping Springs, TX 78620	08/25/2025	$ 850,000	87,120	2001	2,836	$ 1,478,580	$ 814,570	Wysa Llc
First United Bank & Trust Co	1160 E Us Hwy 290, Dripping Springs, TX 78620	08/01/2025	$ 1,275,000	39,988	2003	2,976	$ 828,820	$ 366,230	New Freedom Holdings Llc
Anthem Bank & Trust	15210 Fitzhugh Rd Unit7, Austin, TX 78736	07/25/2025	$ 690,000	425,146	2021	4,800	$ 1,500,000	$ 141,000	Warehouse007 Llc
First State Bank Of Uvalde	Beverly Dr, Dripping Springs, TX 78620	05/29/2025	$ 4,678,805	53,535	0	-	$ 464,280	$ 464,280	Oakwood Land Holdings Llc
Texas Regional Bank	W Us 290, Dripping Springs, TX 78620	05/23/2025	$ 1,011,500	45,738	1982	4,072	$ 900,363	$ 800,000	Arlin Park Llc
Cap Certified Dev Corporation	14721 Fitzhugh Rd, Austin, TX 78737	05/02/2025	$ 1,145,000	88,514	2022	13,508	$ 2,173,890	$ 1,103,770	Vv Property Group Llc
First United Bank & Trust Co	3401 Creek Rd, Dripping Springs, TX 78620	04/28/2025	$ 1,000,000	4,109,015	2013	9,077	$ 2,304,180	$ 3,335,010	Whim Hospitality Llc
Lone Star Capital Bank Na	13575 Fitzhugh Rd Ste300, Austin, TX 78736	03/31/2025	$ 50,000	87,120	2021	16,880	$ 1,460,352	$ 1,089,870	Dag Acres Llc

Mean$ 11,770,560

Median$ 1,005,750.0

Loan Amount Range$ 50,000 - $ 199,500,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32081543590

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

10/20/2021

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	MARITIME SOUTHEAST LLC
	Address Line	421 sportsplex dr ste c
	City / State / Zip	dripping spgs TX 78620
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48209
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	78620
Registration Details	SOS Code	A

License Timeline

License Issued

10/20/2021

Currently Active

Status: -

Renewal Required

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