1505 W Us 290, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 1984Total Assessed Value $5,924,000County Hays

Property Details

The Commercial property 1505 W Us 290, 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 $5,924,000.

The gross building area is 24,328 square feet and the land area is 217,800 square feet for this Commercial Improved Land built in 1984.

Legal description: A0222 Benjamin F Hanna Survey & A0415 Philip A Smith Survey, Acres 5.00

$5,924,000

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 Area24,328

Land Size217,800

Land Value$2,634,510

Improved Value$3,289,490

Total Assessed Value$5,924,000

Year Built1984

County NameHays

Account NumberR15114

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof CoverComposition shingle

Roof TypeFlat

Type ConstructionOther

No of Stories1

Garage TypeParking structure 0

Exterior WallsRock, stone

Sales History

12/1/2017

Arms-lengthNot Disclosed

Buyer

Sabra Texas Properties Ii Lp

Seller

Scc Nhp

Book Number

2017.43417

Recording Date

12/1/2017

Transaction Details

Sabra Texas Properties Ii Lp acquired the property from Scc Nhp through a Arms-length transaction on 12/1/2017 for .

6/30/2010

Arms-lengthNot Disclosed

Buyer

Snf 1505 West Hwy 290, Llc

Seller

Nhireit Of Texas Lp

Book Number

2010-10020244

Recording Date

6/30/2010

Transaction Details

Snf 1505 West Hwy 290, Llc acquired the property from Nhireit Of Texas Lp through a Arms-length transaction on 6/30/2010 for .

8/1/2005

Other$238,445

Buyer

Snf 1505 West Hwy 290, Llc

Seller

Book Number

Recording Date

8/1/2005

Transaction Details

Snf 1505 West Hwy 290, Llc acquired the property from through a Other transaction on 8/1/2005 for $238,445.

3/16/2005

OtherNot Disclosed

Buyer

Snf 1505 West Hwy 290, Llc

Seller

Book Number

Recording Date

3/16/2005

Transaction Details

Snf 1505 West Hwy 290, Llc acquired the property from through a Other transaction on 3/16/2005 for .

Property constructed in 1984

YSale Price (USD) byXSales Year

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Mortgage History

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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	$2,634,510	$3,289,490	$5,924,000	$5,924,000	1505 W Hwy 290 Prope...	4500 Dorr St, Toledo...	A0222 Benjamin F Han...	C-Ds-290W	A0222	217,800	24,328
2025	$2,634,510	$150,946	$2,700,000	$2,785,456	Snf 1505 West Hwy 29...	66 Monroe Ave Apt 70...	A0222 Benjamin F Han...	C-DS-290W	A0222	217,800	24,328
2024	$2,634,510	$360,604	$2,568,000	$2,995,114	Snf 1505 West Hwy 29...	66 Monroe Ave Apt 70...	A0222 Benjamin F Han...	C-DS-290W	A0222	217,800	24,328
2023	$2,117,360	$22,640	$2,140,000	$2,140,000	Snf 1505 West Hwy 29...	66 Monroe Ave Apt 7...	A0222 Benjamin F Han...	C-DS-290W	A0222	217,800	24,328
2022	$1,339,210	$1,062,998	$2,402,208	$2,402,208	Snf 1505 West Hwy 29...	40 Crestridge Dr, Ja...	A0222 Benjamin F Han...	C-DS-290W	A0222	217,800	24,328
2021	$1,339,210	$684,556	$2,023,766	$2,023,766	Snf 1505 West Hwy 29...	44 Crestridge Dr, Ja...	A0222 Benjamin F Han...	C-DS-290W	A0222	217,800	24,328
2020	$1,339,210	$2,337,470	$3,676,680	$3,676,680	Snf 1505 West Hwy, L...	% Bme Texas Holding ...	A0222 Benjamin F Han...	C-DS-290W	A0222	217,800	24,328
2019	$483,600	$699,640	$1,183,240	$1,183,240	Sabra Texas Holdings...	C/o Sabra Health Car...	A0222 Benjamin F Han...	C-DS-290W	A0222	217,800	24,328
2018	$449,060	$632,710	$1,081,770	$1,081,770	Sabra Texas Holdings...	C/o Sabra Health Car...	A0222 Benjamin F Han...	C-DS-290W	A0222	217,800	24,328
2017	$431,790	$695,300	$1,127,090	$1,127,090	Nhp Scc Llc	600 N Pearl St, Ste ...	A0222 Benjamin F Han...	C-DS-290W	BENJAMIN F HANNA SUR...	217,800	24,328

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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 ↕
—	1505 W Us 290, Dripping Springs, TX 78620	—	-	217,800	1984	24,328	$ 5,924,000	$ 2,634,510	-
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$ 11,754,464

Median$ 1,005,750.0

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

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License Details

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