171 Benney Ln, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 2010Total Assessed Value $1,912,422County Hays

Property Details

The Commercial property 171 Benney Ln, 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 $1,912,422.

The gross building area is 10,132 square feet and the land area is 65,340 square feet for this Commercial Improved Land built in 2010.

Legal description: A Benney Subd, Lot 1-A2, Acres 1.5

$1,912,422

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 Area10,132

Land Size65,340

Land Value$1,087,260

Improved Value$825,162

Total Assessed Value$1,912,422

Year Built2010

County NameHays

Account NumberR120355

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof CoverWood shake or shingles

Roof TypeGable

Type ConstructionOther

Exterior WallsBrick

Sales History

2/16/2018

Arms-lengthNot Disclosed

Buyer

Benney Lane Comerical Builduing Llc

Seller

171 Bemey Lane Llc

Book Number

2018.11410

Recording Date

2/16/2018

Transaction Details

Benney Lane Comerical Builduing Llc acquired the property from 171 Bemey Lane Llc through a Arms-length transaction on 2/16/2018 for .

2/16/2018

Arms-lengthNot Disclosed

Buyer

Benney Lane Commercial Building I Llc

Seller

171 Benney Lane Llc

Book Number

2018.11672

Recording Date

2/16/2018

Transaction Details

Benney Lane Commercial Building I Llc acquired the property from 171 Benney Lane Llc through a Arms-length transaction on 2/16/2018 for .

2/16/2018

Arms-lengthNot Disclosed

Buyer

Benny Lane Commercial Building I Llc

Seller

171 Benney Lane Llc

Book Number

2018.11642

Recording Date

2/16/2018

Transaction Details

Benny Lane Commercial Building I Llc acquired the property from 171 Benney Lane Llc through a Arms-length transaction on 2/16/2018 for .

4/28/2015

Arms-lengthNot Disclosed

Buyer

Corridor Title Llc

Seller

Nalle Elizabeth Blocker

Book Number

2015.15013151

Recording Date

4/28/2015

Transaction Details

Corridor Title Llc acquired the property from Nalle Elizabeth Blocker through a Arms-length transaction on 4/28/2015 for .

11/26/2014

Arms-lengthNot Disclosed

Buyer

Corridor Title Llc

Seller

Whitman Ryan C

Book Number

2014.14034922

Recording Date

11/26/2014

Transaction Details

Corridor Title Llc acquired the property from Whitman Ryan C through a Arms-length transaction on 11/26/2014 for .

8/21/2014

Arms-lengthNot Disclosed

Buyer

Ds Exchange Llc

Seller

Haug Robert Logan

Book Number

2014.14025000

Recording Date

8/21/2014

Transaction Details

Ds Exchange Llc acquired the property from Haug Robert Logan through a Arms-length transaction on 8/21/2014 for .

8/5/2010

Arms-length$1,062,500

Buyer

171 Benney Lane Llc

Seller

Rex G Baker Iii Gift Trust

Book Number

2010-10023139

Recording Date

8/5/2010

Transaction Details

171 Benney Lane Llc acquired the property from Rex G Baker Iii Gift Trust through a Arms-length transaction on 8/5/2010 for $1,062,500.

9/28/2006

Arms-lengthNot Disclosed

Buyer

171 Benney Lane Llc

Seller

Liberal Funding Ii Inc

Book Number

2006.70009498

Recording Date

9/28/2006

Transaction Details

171 Benney Lane Llc acquired the property from Liberal Funding Ii Inc through a Arms-length transaction on 9/28/2006 for .

9/28/2006

Arms-lengthNot Disclosed

Buyer

171 Benney Lane Llc

Seller

Liberal Funding Ii Inc

Book Number

70009498

Recording Date

9/28/2006

Transaction Details

171 Benney Lane Llc acquired the property from Liberal Funding Ii Inc through a Arms-length transaction on 9/28/2006 for .

Property constructed in 2010

YSale Price (USD) byXSales Year

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Mortgage History

4/3/2018

Arms length residential transactions purchase or resales$1,600,000

Borrower

Benney Lane Commercial Buildings I Llc

Lender

Book Number

2018.11954

Recording Date

4/3/2018

Transaction Details

Benney Lane Commercial Buildings I Llc borrowed the property from through a Arms length residential transactions purchase or resales transaction on 4/3/2018 for $1,600,000.

2/28/2018

Helocs both purchase money and non purchase money helocs$750,393

Borrower

Benney Lane Commercial Buildings I Llc

Lender

Book Number

2018.39225

Recording Date

2/28/2018

Transaction Details

Benney Lane Commercial Buildings I Llc borrowed the property from through a Helocs both purchase money and non purchase money helocs transaction on 2/28/2018 for $750,393.

2/23/2015

Sale$775,393

Borrower

171 Benney Lane Llc

Lender

Vcd Centurion Discretionary Trust

Book Number

2015.15016879

Recording Date

2/23/2015

Transaction Details

171 Benney Lane Llc borrowed the property from Vcd Centurion Discretionary Trust through a transaction on 2/23/2015 for $775,393.

7/25/2012

Sale$1,000,393

Borrower

Lane 171 Beney

Lender

Vcd Centurion Discretionary Trust

Book Number

2012.12029956

Recording Date

7/25/2012

Transaction Details

Lane 171 Beney borrowed the property from Vcd Centurion Discretionary Trust through a transaction on 7/25/2012 for $1,000,393.

8/5/2010

Helocs both purchase money and non purchase money helocs$850,000

Borrower

171 Benney Lane Llc

Lender

Pioneer Bank Ssb

Book Number

Recording Date

8/5/2010

Transaction Details

171 Benney Lane Llc borrowed the property from Pioneer Bank Ssb through a Helocs both purchase money and non purchase money helocs transaction on 8/5/2010 for $850,000.

7/7/2006

Arms length residential transactions purchase or resales$234,285

Borrower

Liberal Funding Ii Inc

Lender

Book Number

2006.20349

Recording Date

7/7/2006

Transaction Details

Liberal Funding Ii Inc borrowed the property from through a Arms length residential transactions purchase or resales transaction on 7/7/2006 for $234,285.

Property constructed in 2010

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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	$1,087,260	$825,162	$1,912,422	$1,912,422	Benny Lane Commercia...	171 Benny Ln, Drippi...	A Benney Subd, Lot 1...	C-Ds-Off	S0370	65,340	10,132
2025	$1,087,260	$737,740	$1,825,000	$1,825,000	Benny Lane Commercia...	171 Benny Ln, Drippi...	A Benney Subd, Lot 1...	C-DS-OFF	S0370	65,340	10,132
2024	$1,087,260	$646,676	$1,733,936	$1,733,936	Benny Lane Commercia...	171 Benny Ln, Drippi...	A Benney Subd, Lot 1...	C-DS-OFF	S0370	65,340	10,132
2023	$870,980	$872,407	$1,743,387	$1,743,387	Benny Lane Commercia...	171 Benny Ln, Drippi...	A Benney Subd, Lot 1...	C-DS-OFF	S0370	65,340	10,132
2022	$552,780	$1,647,253	$2,200,033	$2,200,033	Benny Lane Commercia...	171 Benny Ln, Drippi...	A Benney Subd, Lot 1...	C-DS-OFF	S0370	65,340	10,132
2021	$552,780	$1,525,134	$2,077,914	$2,077,914	Benny Lane Commercia...	171 Benny Ln, Drippi...	A Benney Subd, Lot 1...	C-DS-OFF	S0370	65,340	10,132
2020	$552,780	$1,660,507	$2,213,287	$2,213,287	Benny Lane Commercia...	171 Benny Ln, Drippi...	A Benney Subd, Lot 1...	C-DS-OFF	S0370	65,340	10,132
2019	$196,020	$1,308,470	$1,504,490	$1,504,490	Benny Lane Commercia...	171 Benny Ln, Drippi...	A Benney Subd, Lot 1...	C-DS-290W	S0370	65,340	10,132
2018	$150,000	$1,308,470	$1,458,470	$1,458,470	Benny Lane Commercia...	171 Benny Ln, Drippi...	A Benney Subd, Lot 1...	C-DS-290W	S0370	65,340	10,132
2017	$147,410	$1,324,240	$1,471,650	$1,471,650	171 Benney Lane Llc	171 Benney Ln, Ste 1...	A Benney Subd, Lot 1...	C-DS-290W	A BENNEY SUBD	65,340	10,132

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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 ↕
—	171 Benney Ln, Dripping Springs, TX 78620	—	-	65,340	2010	10,132	$ 1,912,422	$ 1,087,260	-
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
First United Bank & Trust Co	800 W Us 290, Dripping Springs, TX 78620	05/15/2025	$ 800,000	219,412	2001	4,000	$ 845,137	$ 441,180	Cir Holdings 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

Mean$ 11,779,483

Median$ 1,005,750.0

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

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
171 BENNEY LN, DRIPPING SPRINGS, TX 78620-5391	BAKER ROBERTSON	5128940083	NONCLASSIFIED ESTABLISHMENTS
171 BENNEY LN STE 300, DRIPPING SPRINGS, TX 78620-5394	HOKE, HAROLD	5128940052	TAX RETURN PREPARATION & FILING
171 BENNEY LN STE 200 # 1, DRIPPING SPRINGS, TX 78620-5393	CORRIDOR TITLE LLC	5128944334	INSURANCE-TITLE
171 BENNEY LN STE 100, DRIPPING SPRINGS, TX 78620-5392	BAKER ASSOC	5128940957	ASSOCIATIONS
171 BENNEY LN STE 300, DRIPPING SPRINGS, TX 78620-5394	HOKE VAN CAMP ASSOC LLC	5128585492	ACCOUNTANTS
171 BENNEY LN STE 100, DRIPPING SPRINGS, TX 78620-5392	BAKER ASSOC	5128940890	ASSOCIATIONS

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License Details

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