3989 W Us 290, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 1997Total Assessed Value $2,111,761County Hays

Property Details

The Commercial property 3989 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 $2,111,761.

The gross building area is 8,600 square feet and the land area is 87,991 square feet for this Commercial Improved Land built in 1997.

Legal description: Sunset Canyon Sec 1, Lot 299, Acres 2.02

$2,160,690

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 Area8,600

Land Size87,991

Land Value$1,805,140

Improved Value$355,550

Total Assessed Value$2,111,761

Year Built1997

County NameHays

Account NumberR44536

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Type ConstructionOther

Garage TypeParking structure 18

Exterior WallsSiding alum or vinyl

Sales History

11/30/2021

Arms-lengthNot Disclosed

Buyer

Martha Tahmoressi 2021 Trust

Seller

Tahmoressi Maghsoud

Book Number

202121066971

Recording Date

11/30/2021

Transaction Details

Martha Tahmoressi 2021 Trust acquired the property from Tahmoressi Maghsoud through a Arms-length transaction on 11/30/2021 for .

1/21/2006

Arms-lengthNot Disclosed

Buyer

Seller

Sunset Canyon Resources Llp

Book Number

200606001994

Recording Date

1/21/2006

Transaction Details

acquired the property from Sunset Canyon Resources Llp through a Arms-length transaction on 1/21/2006 for .

8/12/2004

Arms-lengthNot Disclosed

Buyer

Sunset Canyon Resources Llp

Seller

Johnson Angela Kay Lennon

Book Number

200404023430

Recording Date

8/12/2004

Transaction Details

Sunset Canyon Resources Llp acquired the property from Johnson Angela Kay Lennon through a Arms-length transaction on 8/12/2004 for .

12/4/1995

Arms-lengthNot Disclosed

Buyer

Lennon Angela

Seller

Ingram Larry M

Book Number

199500391071

Recording Date

12/4/1995

Transaction Details

Lennon Angela acquired the property from Ingram Larry M through a Arms-length transaction on 12/4/1995 for .

3/9/1992

Arms-lengthNot Disclosed

Buyer

Ingram Larry M

Seller

Austin Federal Savings & Loan Assn

Book Number

199200318594

Recording Date

3/9/1992

Transaction Details

Ingram Larry M acquired the property from Austin Federal Savings & Loan Assn through a Arms-length transaction on 3/9/1992 for .

Property constructed in 1997

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	$1,805,140	$355,550	$2,111,761	$2,160,690	Tahmoressi Martha 20...	Po Box 1786, Drippin...	Sunset Canyon Sec 1,...	C-Sunset-C	S8475	87,991	8,600
2025	$1,504,120	$355,550	$1,759,801	$1,859,670	Tahmoressi Martha 20...	Po Box 1786, Drippin...	Sunset Canyon Sec 1,...	C-SUNSET-C	S8475	87,991	8,600
2024	$1,166,501	$300,000	$1,466,501	$1,466,501	Tahmoressi Martha 20...	Tahmoressi Maghsoud ...	Sunset Canyon Sec 1,...	C-SUNSET-C	S8475	87,991	8,600
2023	$1,504,120	$355,550	$1,859,670	$1,859,670	Tahmoressi Martha 20...	Tahmoressi Maghsoud ...	Sunset Canyon Sec 1,...	C-SUNSET-C	S8475	87,991	8,600
2022	$1,355,840	$355,550	$1,711,390	$1,711,390	Tahmoressi Martha 20...	Tahmoressi Maghsoud ...	Sunset Canyon Sec 1,...	C-SUNSET-C	S8475	87,991	8,600
2021	$813,300	$355,550	$1,168,850	$1,168,850	Tahmoressi Maghsoud	P O Box 1786, Drippi...	Sunset Canyon Sec 1,...	C-SUNSET-C	S8475	87,991	8,600
2020	$757,690	$331,920	$1,089,610	$1,089,610	Tahmoressi Maghsoud	P O Box 1786, Drippi...	Sunset Canyon Sec 1,...	C-SUNSET-C	S8475	87,991	8,600
2019	$252,630	$331,920	$584,550	$584,550	Tahmoressi Maghsoud	P O Box 1786, Drippi...	Sunset Canyon Sec 1,...	C-SUNSET-C	S8475	87,991	8,600
2018	$252,630	$331,920	$584,550	$584,550	Tahmoressi Maghsoud	P O Box 1786, Drippi...	Sunset Canyon Sec 1,...	C-SUNSET-C	S8475	87,991	8,600
2017	$243,360	$320,100	$563,460	$563,460	Tahmoressi Maghsoud	P O Box 1786, Drippi...	Sunset Canyon Sec 1,...	C-SUNSET-C	SUNSET CANYON SEC 1	87,991	8,600

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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 ↕
—	3989 W Us 290, Dripping Springs, TX 78620	—	-	87,991	1997	8,600	$ 2,111,761	$ 1,805,140	-
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
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
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
Independent Bank	3987 W Us 290, Dripping Springs, TX 78620	03/28/2025	$ 2,776,000	86,684	2002	6,850	$ 1,493,069	$ 1,487,500	C & B Interests Llc
Network Funding Lp	315 Holton Dr, Austin, TX 78737	03/14/2025	$ 378,000	30,087	2023	6,394	$ 1,943,740	$ 812,550

Mean$ 12,337,585

Median$ 1,078,250.0

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

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License Details

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