251 Old Fitzhugh Rd, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 2020Total Assessed Value $371,628County Hays

Property Details

The Commercial property 251 Old Fitzhugh Rd, 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 $371,628.

The gross building area is 864 square feet and the land area is 16,117 square feet for this Commercial Improved Land built in 2020.

Legal description: A0415 Philip A Smith Survey, Acres 0.37

$396,850

Market Value

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Cap Rate

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NOI

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Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area864

Land Size16,117

Land Value$265,610

Improved Value$131,240

Total Assessed Value$371,628

Year Built2020

County NameHays

Account NumberR17920

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningWindow\unit

Parking Space1

HeatingNone

Roof CoverWood shake or shingles

Roof TypeGable

Type ConstructionOther

No of Stories1

Garage TypeCarport 0

Number of Units1

Exterior WallsWood siding

Sales History

12/20/2024

Arms-length$606,480

Buyer

Face Alchemy Pllc

Seller

Casedy Maureen N

Book Number

2024.49263

Recording Date

12/20/2024

Transaction Details

Face Alchemy Pllc acquired the property from Casedy Maureen N through a Arms-length transaction on 12/20/2024 for $606,480.

11/19/2009

Arms-length$250,000

Buyer

Henninger Terry

Seller

Vitolich Milan

Book Number

2009.90030241

Recording Date

11/19/2009

Transaction Details

Henninger Terry acquired the property from Vitolich Milan through a Arms-length transaction on 11/19/2009 for $250,000.

Property constructed in 2020

YSale Price (USD) byXSales Year

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Mortgage History

12/20/2024

New construction residential transactions$456,000

Borrower

Face Alchemy Pllc

Lender

Primebank Of Texas

Book Number

2024.49264

Recording Date

12/20/2024

Transaction Details

Face Alchemy Pllc borrowed the property from Primebank Of Texas through a New construction residential transactions transaction on 12/20/2024 for $456,000.

11/19/2009

New construction residential transactions$200,000

Borrower

Henninger Terry

Lender

Security State Bank & Trust

Book Number

2009.90030243

Recording Date

11/19/2009

Transaction Details

Henninger Terry borrowed the property from Security State Bank & Trust through a New construction residential transactions transaction on 11/19/2009 for $200,000.

Property constructed in 2020

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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	$265,610	$131,240	$371,628	$396,850	Face Alchemy Pllc	513 S Lariat Cir, Dr...	A0415 Philip A Smith...	C-Ds-Oftz	A0415	16,117	864
2025	$265,610	$44,080	$309,690	$309,690	Face Alchemy Pllc	513 S Lariat Cir, Dr...	A0415 Philip A Smith...	C-DS-OFTZ	None	16,117	864
2024	$265,610	$22,392	$288,002	$288,002	Casedy, Maureen N	910 County Road 126a...	A0415 Philip A Smith...	C-DS-OFTZ	A0415	16,117	864
2023	$265,610	$10,014	$275,624	$275,624	Casedy, Maureen N	910 County Road 126a...	A0415 Philip A Smith...	C-DS-OFTZ	A0415	16,117	864
2022	$224,990	$35,180	$260,170	$260,170	Casedy, Maureen N	910 County Road 126a...	A0415 Philip A Smith...	C-DS-OFTZ	A0415	16,117	864
2021	$162,620	$16,850	$179,470	$179,470	Casedy, Maureen N	910 County Road 126a...	A0415 Philip A Smith...	C-DS-OFTZ	A0415	16,117	864
2020	$121,970	$35,020	$156,990	$156,990	Casedy, Maureen N	700 Ridge Oak Dr, Wi...	A0415 Philip A Smith...	C-DS-OFTZ	A0415	16,117	864
2019	$82,185	$37,690	$119,875	$119,875	Casedy, Maureen N	700 Ridge Oak Dr, Wi...	A0415 Philip A Smith...	C-DS-OFTZ	A0415	16,117	864
2018	$30,460	$49,590	$80,050	$80,050	Casedy, Maureen N	700 Ridge Oak Dr, Wi...	A0415 Philip A Smith...	FITZ	A0415	16,117	864
2017	$30,460	$48,230	$78,690	$78,690	Casedy, Maureen N	700 Ridge Oak Dr, Wi...	A0415 Philip A Smith...	FITZ	PHILIP A SMITH SURVE...	16,117	864

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Rent & Occupancy

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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 ↕
—	251 Old Fitzhugh Rd, Dripping Springs, TX 78620	—	-	16,117	2020	864	$ 371,628	$ 265,610	-
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$ 11,766,252

Median$ 1,005,750.0

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

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Tenant Details

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License Details

License Number

32093268467

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

1/12/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	TIDAL INNOVATIONS LLC
	Address Line	251 old fitzhugh rd
	City / State / Zip	dripping springs 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

1/12/2024

Currently Active

Status: -

Renewal Required

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