2951 Rr 165, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 2007Total Assessed Value $2,100,000County Hays

Property Details

The Commercial property 2951 Rr 165, 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 $2,100,000.

The gross building area is 340 square feet and the land area is 1,190,495 square feet for this Commercial Improved Land built in 2007.

Legal description: A0432 Ralph E Sevey Survey, Acres 27.33

$2,100,000

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 Area340

Land Size1,190,495

Land Value$1,415,190

Improved Value$684,810

Total Assessed Value$2,100,000

Year Built2007

County NameHays

Account NumberR18246

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

2/19/2013

Arms-length$531,300

Buyer

Cottonwood Creek Rv Park Llc

Seller

Drp Management Lp

Book Number

2013.13006113

Recording Date

2/19/2013

Transaction Details

Cottonwood Creek Rv Park Llc acquired the property from Drp Management Lp through a Arms-length transaction on 2/19/2013 for $531,300.

10/3/2012

Arms-length$750,000

Buyer

Cottonwood Creek Rv Part Llc

Seller

Cc Biz Inc

Book Number

2012-12029013

Recording Date

10/3/2012

Transaction Details

Cottonwood Creek Rv Part Llc acquired the property from Cc Biz Inc through a Arms-length transaction on 10/3/2012 for $750,000.

Property constructed in 2007

YSale Price (USD) byXSales Year

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Mortgage History

3/9/2020

Helocs both purchase money and non purchase money helocs$500,000

Borrower

Cottonwood Creek Rv Park Llc

Lender

Prosperity Bank

Book Number

2020.9100

Recording Date

3/9/2020

Transaction Details

Cottonwood Creek Rv Park Llc borrowed the property from Prosperity Bank through a Helocs both purchase money and non purchase money helocs transaction on 3/9/2020 for $500,000.

3/23/2017

Arms length residential transactions purchase or resales$50,000

Borrower

Cottonwood Creek Rv Park Llc

Lender

Book Number

2017.10043

Recording Date

3/23/2017

Transaction Details

Cottonwood Creek Rv Park Llc borrowed the property from through a Arms length residential transactions purchase or resales transaction on 3/23/2017 for $50,000.

12/4/2017

Reo and trustee deeds$600,000

Borrower

Ruff William S

Lender

Security State Bank & Trust

Book Number

2017.42784

Recording Date

12/4/2017

Transaction Details

Ruff William S borrowed the property from Security State Bank & Trust through a Reo and trustee deeds transaction on 12/4/2017 for $600,000.

2/19/2013

Helocs both purchase money and non purchase money helocs$425,000

Borrower

Cottonwood Creek Rv Park Llc

Lender

Independent Bank

Book Number

2013.13006114

Recording Date

2/19/2013

Transaction Details

Cottonwood Creek Rv Park Llc borrowed the property from Independent Bank through a Helocs both purchase money and non purchase money helocs transaction on 2/19/2013 for $425,000.

10/3/2012

Helocs both purchase money and non purchase money helocs$425,000

Borrower

Drp Management Lp

Lender

Cc Biz Inc

Book Number

2012-12029014

Recording Date

10/3/2012

Transaction Details

Drp Management Lp borrowed the property from Cc Biz Inc through a Helocs both purchase money and non purchase money helocs transaction on 10/3/2012 for $425,000.

Property constructed in 2007

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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) ↕
2025	$1,415,190	$684,810	$2,100,000	$2,100,000	Cottonwood Creek Rv ...	2951 Ranch Road 165,...	A0432 Ralph E Sevey ...	C-DS-RVP	A0432	1,190,495	340
2024	$1,415,190	$534,810	$1,950,000	$1,950,000	Cottonwood Creek Rv ...	2951 Ranch Road 165,...	A0432 Ralph E Sevey ...	C-DS-RVP	A0432	1,190,495	340
2023	$1,415,190	$480,271	$1,895,461	$1,895,461	Cottonwood Creek Rv ...	2951 Ranch Road 165,...	A0432 Ralph E Sevey ...	C-DS-RVP	A0432	1,190,495	340
2022	$1,199,320	$439,680	$1,639,000	$1,639,000	Cottonwood Creek Rv ...	2951 Ranch Road 165,...	A0432 Ralph E Sevey ...	C-DS-RVP	A0432	1,190,495	340
2021	$649,630	$998,170	$1,647,800	$1,647,800	Cottonwood Creek Rv ...	2951 Ranch Road 165,...	A0432 Ralph E Sevey ...	C-DS-RVP	A0432	1,190,495	340
2020	$589,660	$439,672	$1,029,332	$1,029,332	Cottonwood Creek Rv ...	2951 Ranch Road 165,...	A0432 Ralph E Sevey ...	C-DS-RVP	A0432	1,190,495	340
2019	$499,720	$142,040	$641,760	$641,760	Cottonwood Creek Rv ...	2951 Ranch Road 165,...	A0432 Ralph E Sevey ...	4ABS	A0432	1,190,495	340
2018	$488,100	$142,040	$630,140	$630,140	Cottonwood Creek Rv ...	2951 Ranch Road 165,...	A0432 Ralph E Sevey ...	4ABS	A0432	1,190,495	340
2017	$482,000	$160,660	$642,660	$642,660	Cottonwood Creek Rv ...	2951 Ranch Road 165,...	A0432 Ralph E Sevey ...	4ABS	RALPH E SEVEY SURVEY	1,190,495	-
2016	$521,090	$160,660	$681,750	$681,750	Cottonwood Creek Rv ...	2951 Ranch Road 165,...	A0432 Ralph E Sevey ...	10-0432	RALPH E SEVEY SURVEY	1,190,495	-

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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 ↕
—	2951 Rr 165, Dripping Springs, TX 78620	—	-	1,190,495	2007	340	$ 2,100,000	$ 1,415,190	-
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
Cadence Bank Na	612 Melody Way, Wimberley, TX 78676	08/29/2025	$ 342,000	20,037	0	2,050	$ 142,188	$ 145,620	3c Drywall Llc
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
Security State Bank & Trust	711 Ranch Road 32, Blanco, TX 78606	05/21/2025	$ 4,182,274	491,967	2019	34,200	$ 3,762,600	$ 520,100	Blanco Rv & Storage 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
Ozona Bank	15711 Ranch Road 12, Wimberley, TX 78676	04/17/2025	$ 424,000	28,358	2024	2,400	$ 350,090	$ 218,500

Mean$ 9,125,109

Median$ 962,500.0

Loan Amount Range$ 120,000 - $ 199,500,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

5166JH

PLEASURE

Issued By

Boat KENNER- 18V

State Authority

Issue Date

2/14/2000

Original Issuance

Expire Date

3/31/2024

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	BRIAN SCHUCHARDT
	Address Line	2951 rr 165
	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

License Timeline

License Issued

2/14/2000

Currently Active

Status: -

Renewal Required

3/31/2024

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