2131 Ih 35, San Marcos, TX 78666 – Commercial Improved Land

CommercialYear Built 2016Total Assessed Value $11,689,525County Hays

Property Details

The Commercial property 2131 Ih 35, San Marcos, TX 78666 is located in Hays County. The specific property type is Commercial Improved Land. The total assessed value of this property is $11,689,525.

The gross building area is 76,266 square feet and the land area is 125,496 square feet for this Commercial Improved Land built in 2016.

Legal description: San Marcos North Business Park, Lot 1, Acres 2.881

$11,689,525

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 Area76,266

Land Size125,496

Land Value$1,185,940

Improved Value$10,503,585

Total Assessed Value$11,689,525

Year Built2016

County NameHays

Account NumberR113969

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Number of Units98

Sales History

1/30/2024

Arms-lengthNot Disclosed

Buyer

Pcrif San Marcos Hotel Owner Llc

Seller

Acton Hotel Group Llc

Book Number

2024.3371

Recording Date

1/30/2024

Transaction Details

Pcrif San Marcos Hotel Owner Llc acquired the property from Acton Hotel Group Llc through a Arms-length transaction on 1/30/2024 for .

6/10/2014

Arms-lengthNot Disclosed

Buyer

Acton Hotel Group Llc

Seller

Amin Nirav

Book Number

2014.14016140

Recording Date

6/10/2014

Transaction Details

Acton Hotel Group Llc acquired the property from Amin Nirav through a Arms-length transaction on 6/10/2014 for .

8/7/2013

Arms-length$551,984

Buyer

Amin Nirav

Seller

Carson Haysco Holdings Lp

Book Number

2013.13026834

Recording Date

8/7/2013

Transaction Details

Amin Nirav acquired the property from Carson Haysco Holdings Lp through a Arms-length transaction on 8/7/2013 for $551,984.

12/31/2012

Arms-lengthNot Disclosed

Buyer

Acton Hotel Group Llc

Seller

Carson Diversified Land Lp

Book Number

2012.36466

Recording Date

12/31/2012

Transaction Details

Acton Hotel Group Llc acquired the property from Carson Diversified Land Lp through a Arms-length transaction on 12/31/2012 for .

12/31/2012

Arms-lengthNot Disclosed

Buyer

Acton Hotel Group Llc

Seller

Carson Diversified Land Lp

Book Number

12036466

Recording Date

12/31/2012

Transaction Details

Acton Hotel Group Llc acquired the property from Carson Diversified Land Lp through a Arms-length transaction on 12/31/2012 for .

Property constructed in 2016

YSale Price (USD) byXSales Year

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Mortgage History

10/14/2020

Helocs both purchase money and non purchase money helocs$10,000

Borrower

Acton Hotel Group Llc

Lender

Prosperity Bank

Book Number

2020.51825

Recording Date

10/14/2020

Transaction Details

Acton Hotel Group Llc borrowed the property from Prosperity Bank through a Helocs both purchase money and non purchase money helocs transaction on 10/14/2020 for $10,000.

10/30/2014

Reo and trustee deeds$7,936,500

Borrower

Acton Hotel Group Llc

Lender

Prosperity Bank

Book Number

2014.14032663

Recording Date

10/30/2014

Transaction Details

Acton Hotel Group Llc borrowed the property from Prosperity Bank through a Reo and trustee deeds transaction on 10/30/2014 for $7,936,500.

Property constructed in 2016

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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	$1,185,940	$10,503,585	$11,689,525	$11,689,525	Pcrif San Marcos Hot...	5847 San Felipe St S...	San Marcos North Bus...	C-Sm-Hotel	S7486	125,496	76,266
2025	$711,560	$8,939,740	$9,651,300	$9,651,300	Pcrif San Marcos Hot...	1360 Post Oak Blvd S...	San Marcos North Bus...	C-SM-HOTEL	S7486	125,496	76,266
2024	$711,560	$7,696,940	$8,408,500	$8,408,500	Pcrif San Marcos Hot...	1360 Post Oak Blvd S...	San Marcos North Bus...	C-SM-HOTEL	S7486	125,496	76,266
2023	$711,560	$8,275,942	$8,987,502	$8,987,502	Acton Hotel Group Ll...	Po Box 1064, San Mar...	San Marcos North Bus...	C-SM-HOTEL	S7486	125,496	76,266
2022	$602,380	$6,566,109	$7,168,489	$7,168,489	Acton Hotel Group Ll...	Po Box 1064, San Mar...	San Marcos North Bus...	C-SM-HOTEL	S7486	125,496	76,266
2021	$602,380	$4,558,121	$5,160,501	$5,160,501	Acton Hotel Group Ll...	Po Box 1064, San Mar...	San Marcos North Bus...	C-SM-HOTEL	S7486	125,496	76,266
2020	$602,380	$6,051,650	$6,654,030	$6,654,030	Acton Hotel Group Ll...	Po Box 1064, San Mar...	San Marcos North Bus...	C-SM-HOTEL	S7486	125,496	76,266
2019	$602,380	$5,419,037	$6,021,417	$6,021,417	Acton Hotel Group Ll...	Po Box 1064, San Mar...	San Marcos North Bus...	C-SM-HOTEL	S7486	125,496	76,266
2018	$602,380	$2,700,527	$3,302,907	$3,302,907	Acton Hotel Group Ll...	Po Box 1064, San Mar...	San Marcos North Bus...	C-SM-HOTEL	S7486	125,496	76,266
2017	$602,380	$6,300,000	$6,902,380	$6,902,380	Acton Hotel Group Ll...	Po Box 1064, San Mar...	San Marcos North Bus...	C-SM-HOTEL	S7486 - SAN MARCOS N...	125,496	76,266

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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 ↕
—	2131 Ih 35, San Marcos, TX 78666	—	-	125,496	2016	76,266	$ 11,689,525	$ 1,185,940	-
Resflo Llc	161 Weldon Johnston Way, Kyle, TX 78640	09/26/2025	$ 700,000	49,658	0	-	$ 124,590	$ 124,590	-
Pioneer Finance Inc	5898 Camino Real, Kyle, TX 78640	09/10/2025	$ 7,300,000	256,830	2020	10,452	$ 2,720,100	$ 456,490	5898 Camino Real Business Llc
Frost Bank	700 Rebel Dr, Kyle, TX 78640	09/10/2025	$ 484,500	69,260	2019	4,875	$ 976,440	$ 611,700	Danaza Llc
Mission Valley Bank	1081 Wonder World Dr, San Marcos, TX 78666	08/22/2025	$ 4,602,200	28,619	1997	2,938	$ 902,070	$ 464,030	Blc Hot Dogs Inc
Firstlockhart National Bank	120 W Hopkins St, San Marcos, TX 78666	07/22/2025	$ 257,200	7,351	2011	7,108	$ 705,270	$ 114,570
Rocket Mortgage Llc	118 E San Antonio St, San Marcos, TX 78666	05/27/2025	$ 430,411	3,006	0	1,080	$ 225,850	$ 126,200
Nfm Inc	Fm 150, Kyle, TX 78640	05/22/2025	$ 367,205	39,901	2022	1,640	$ 476,760	$ 244,220	-
Baron Creek Fund Ii Lp	712 E Hopkins St, San Marcos, TX 78666	05/15/2025	$ 475,000	18,250	1969	4,100	$ 662,280	$ 394,170
Blue Sky Bank	1012 Sh 123, San Marcos, TX 78666	05/07/2025	$ 18,250,000	30,535	2000	3,468	$ 1,080,000	$ 559,580	Qsr 2 Llc
Sage Capital Bank	340 E Fm 150, Kyle, TX 78640	03/20/2025	$ 1,027,840	179,206	2024	24,456	$ 2,030,540	$ 596,490

Mean$ 3,930,564

Median$ 982,506.0

Loan Amount Range$ 100,000 - $ 26,122,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

MB964783

LIQUOR

Issued By

Liquor

State Authority

Issue Date

11/28/2022

Original Issuance

Expire Date

11/20/2024

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	ACTON HOTEL GROUP LLC
	Address Line	po box 1064
	City / State / Zip	san marcos TX 78667
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	78667
Registration Details	SOS Code

License Timeline

License Issued

11/28/2022

Currently Active

Status: -

Renewal Required

11/20/2024

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