2501 Old Red Ranch Rd, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 2025Total Assessed Value $915,450County Hays

Property Details

The Commercial property 2501 Old Red Ranch 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 $915,450.

The gross building area is 756 square feet and the land area is 1,229,699 square feet for this Commercial Improved Land built in 2025.

Legal description: Abs 632 Mina Wilson Survey 28.23 Ac (W/ 7.6 Blanco 81355)

$915,450

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 Area756

Land Size1,229,699

Land Value$725,700

Improved Value$189,750

Total Assessed Value$915,450

Year Built2025

County NameHays

Account NumberR19714

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

12/18/2024

Arms-length$6,650,000

Buyer

Lagom Ranch Llc

Seller

2501 Old Red Ranch Road Revocable Family

Book Number

Recording Date

12/18/2024

Transaction Details

Lagom Ranch Llc acquired the property from 2501 Old Red Ranch Road Revocable Family through a Arms-length transaction on 12/18/2024 for $6,650,000.

12/22/2023

Other$1,632,000

Buyer

Douds Family Revocable Living Trust

Seller

King William Ross

Book Number

2024.1010

Recording Date

12/22/2023

Transaction Details

Douds Family Revocable Living Trust acquired the property from King William Ross through a Other transaction on 12/22/2023 for $1,632,000.

4/8/2019

Arms-length$815,000

Buyer

Douds Patrick A

Seller

Himmelvo Jane

Book Number

19011232

Recording Date

4/8/2019

Transaction Details

Douds Patrick A acquired the property from Himmelvo Jane through a Arms-length transaction on 4/8/2019 for $815,000.

8/25/2017

Arms-lengthNot Disclosed

Buyer

Vo Danh Hung

Seller

Himmelvo Jane

Book Number

2017.30406

Recording Date

8/25/2017

Transaction Details

Vo Danh Hung acquired the property from Himmelvo Jane through a Arms-length transaction on 8/25/2017 for .

8/26/2013

Arms-length$336,802

Buyer

Douds Family Revocable Living Trust

Seller

Johannsen Tomasz & Gouri

Book Number

2013-13029273

Recording Date

8/26/2013

Transaction Details

Douds Family Revocable Living Trust acquired the property from Johannsen Tomasz & Gouri through a Arms-length transaction on 8/26/2013 for $336,802.

Property constructed in 2025

YSale Price (USD) byXSales Year

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Mortgage History

12/18/2024

New construction residential transactions$5,000,000

Borrower

Lagom Ranch Llc

Lender

Live Oak Banking Company

Book Number

Recording Date

12/18/2024

Transaction Details

Lagom Ranch Llc borrowed the property from Live Oak Banking Company through a New construction residential transactions transaction on 12/18/2024 for $5,000,000.

12/20/2023

Arms length residential transactions purchase or resales$350,000

Borrower

Carranza Jimenez Rodrigo

Lender

Austex Parts & Svc Ltd

Book Number

2024.1005

Recording Date

12/20/2023

Transaction Details

Carranza Jimenez Rodrigo borrowed the property from Austex Parts & Svc Ltd through a Arms length residential transactions purchase or resales transaction on 12/20/2023 for $350,000.

4/8/2019

New construction residential transactions$651,984

Borrower

Douds Patrick A

Lender

Southstar Bank Ssb

Book Number

19011233

Recording Date

4/8/2019

Transaction Details

Douds Patrick A borrowed the property from Southstar Bank Ssb through a New construction residential transactions transaction on 4/8/2019 for $651,984.

8/26/2013

New construction residential transactions$311,802

Borrower

Himmelvo Jane

Lender

Book Number

Recording Date

8/26/2013

Transaction Details

Himmelvo Jane borrowed the property from through a New construction residential transactions transaction on 8/26/2013 for $311,802.

Property constructed in 2025

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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	$725,700	$189,750	$915,450	$915,450	Lagom Ranch Llc	2501 Old Red Ranch R...	Abs 632 Mina Wilson ...	4Abs	A0632	1,229,699	756
2025	$746,060	-	$746,060	$746,060	Lagom Ranch Llc	2501 Old Red Ranch R...	Abs 632 Mina Wilson ...	4ABS	Mina Wilson Survey	1,229,699	-
2024	$746,060	-	$4,210	$746,060	2501 Old Red Ranch R...	Daniel Martin Leslie...	Abs 632 Mina Wilson ...	4ABS	A0632	1,229,699	-
2023	$746,060	-	$4,400	$746,060	Douds Family Revocab...	Patrick A Ashley S ...	Abs 632 Mina Wilson ...	4ABS	A0632	1,229,699	-
2022	$632,250	-	$4,180	$632,250	Douds Family Revocab...	Patrick A & Ashley S...	Abs 632 Mina Wilson ...	4ABS	A0632	1,229,699	-
2021	$451,930	-	$4,320	$451,930	Douds Family Revocab...	1325 Drifting Wind R...	Abs 632 Mina Wilson ...	4ABS	A0632	1,229,699	-
2020	$393,450	-	$4,420	$393,450	Douds Family Revocab...	Patrick A & Ashley S...	Abs 632 Mina Wilson ...	4ABS	A0632	1,229,699	-
2019	$329,640	-	$4,690	$329,640	Himmelvo Jane & Laur...	7900 Tecoma Cir, Apt...	Abs 632 Mina Wilson ...	4ABS	A0632	1,229,699	-
2018	$323,200	-	$4,260	$323,200	Vo Danh Hung	2501 Old Red Ranch R...	Abs 632 Mina Wilson ...	4ABS	A0632	1,229,699	-
2017	$306,680	-	$3,960	$306,680	Himmelvo Jane	281 Arlington Ave, S...	Abs 632 Mina Wilson ...	4ABS	ABS 632	1,247,558	-

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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 ↕
—	2501 Old Red Ranch Rd, Dripping Springs, TX 78620	—	-	1,229,699	2025	756	$ 915,450	$ 725,700	-
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$ 11,757,368

Median$ 1,005,750.0

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

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