1942 S Ih 35, San Marcos, TX 78666 – Commercial Improved Land

CommercialYear Built 1960Total Assessed Value $9,738,316County Hays

Property Details

The Commercial property 1942 S Ih 35, San Marcos, TX 78666 is located in Hays County. The specific property type is Commercial Improved Land. The total assessed value of this property is $9,738,316.

The gross building area is 141,278 square feet and the land area is 358,063 square feet for this Commercial Improved Land built in 1960.

Legal description: A F Weatherford #1, Lot 14B, Acres 8.22

$10,042,396

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 Area141,278

Land Size358,063

Land Value$2,274,600

Improved Value$7,767,796

Total Assessed Value$9,738,316

Year Built1960

County NameHays

Account NumberR91917

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Parking Space26

HeatingNone

Roof CoverWood shake or shingles

Roof TypeGable

Type ConstructionOther

Garage TypeNone 0

Exterior WallsBrick

Sales History

7/14/2022

Arms-lengthNot Disclosed

Buyer

Interstate Business Park Llc

Seller

Interstate Business Park 2018 Lp

Book Number

2022.49603

Recording Date

7/14/2022

Transaction Details

Interstate Business Park Llc acquired the property from Interstate Business Park 2018 Lp through a Arms-length transaction on 7/14/2022 for .

11/16/2018

Arms-length$5,000,000

Buyer

Interstate Business Park 2018 Lp

Seller

Ibp San Marcos Ltd

Book Number

2018.40573

Recording Date

11/16/2018

Transaction Details

Interstate Business Park 2018 Lp acquired the property from Ibp San Marcos Ltd through a Arms-length transaction on 11/16/2018 for $5,000,000.

6/25/2013

Arms-lengthNot Disclosed

Buyer

Interstate Business Park Llc

Seller

Hapes Properties Llc

Book Number

2013-13021689

Recording Date

6/25/2013

Transaction Details

Interstate Business Park Llc acquired the property from Hapes Properties Llc through a Arms-length transaction on 6/25/2013 for .

9/19/2012

Arms-lengthNot Disclosed

Buyer

Patel Vikash

Seller

Theriot Robert H

Book Number

2012-12028429

Recording Date

9/19/2012

Transaction Details

Patel Vikash acquired the property from Theriot Robert H through a Arms-length transaction on 9/19/2012 for .

1/10/2008

Arms-lengthNot Disclosed

Buyer

Ibp San Marcos Ltd

Seller

Southwest Hawaii Partners

Book Number

DOC#080001245

Recording Date

1/10/2008

Transaction Details

Ibp San Marcos Ltd acquired the property from Southwest Hawaii Partners through a Arms-length transaction on 1/10/2008 for .

1/10/2008

Arms-length$2,375,000

Buyer

Hapes Properties Llc

Seller

Southwest Hawaii Partners

Book Number

2008.80001245

Recording Date

1/10/2008

Transaction Details

Hapes Properties Llc acquired the property from Southwest Hawaii Partners through a Arms-length transaction on 1/10/2008 for $2,375,000.

1/10/2008

Arms-lengthNot Disclosed

Buyer

Ibp San Marcos Ltd

Seller

Southwest Hawaii Partners

Book Number

2008.C#080001245

Recording Date

1/10/2008

Transaction Details

Ibp San Marcos Ltd acquired the property from Southwest Hawaii Partners through a Arms-length transaction on 1/10/2008 for .

Property constructed in 1960

YSale Price (USD) byXSales Year

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Mortgage History

11/16/2018

Helocs both purchase money and non purchase money helocs$4,000,000

Borrower

Interstate Business Park 2018 Lp

Lender

Horizon Bank Ssb

Book Number

2018.40574

Recording Date

11/16/2018

Transaction Details

Interstate Business Park 2018 Lp borrowed the property from Horizon Bank Ssb through a Helocs both purchase money and non purchase money helocs transaction on 11/16/2018 for $4,000,000.

1/10/2008

Helocs both purchase money and non purchase money helocs$1,900,000

Borrower

Hapes Properties Llc

Lender

Wells Fargo Bank Na

Book Number

2008.80001246

Recording Date

1/10/2008

Transaction Details

Hapes Properties Llc borrowed the property from Wells Fargo Bank Na through a Helocs both purchase money and non purchase money helocs transaction on 1/10/2008 for $1,900,000.

Property constructed in 1960

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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	$2,274,600	$7,767,796	$9,738,316	$10,042,396	Interstate Business ...	12777 Jones Rd Ste 1...	A F Weatherford #1, ...	C-Sm-Ind	S9345	358,063	141,278
2025	$2,274,600	$5,840,663	$8,115,263	$8,115,263	Interstate Business ...	15835 Park Ten Pl St...	A F Weatherford #1, ...	C-SM-IND	S9345	358,063	141,278
2024	$2,274,600	$5,259,140	$7,533,740	$7,533,740	Interstate Business ...	15835 Park Ten Pl St...	A F Weatherford #1, ...	C-SM-IND	S9345	358,063	141,278
2023	$2,274,600	$4,736,754	$7,011,354	$7,011,354	Interstate Business ...	15835 Park Ten Pl S...	A F Weatherford #1, ...	C-SM-IND	S9345	358,063	141,278
2022	$1,928,170	$4,678,654	$6,606,824	$6,606,824	Interstate Business ...	16500 San Pedro Ave,...	A F Weatherford #1, ...	C-SM-IND	S9345	358,063	141,278
2021	$1,928,170	$3,478,798	$5,406,968	$5,406,968	Interstate Business ...	16500 San Pedro Ave,...	A F Weatherford #1, ...	C-SM-IND	S9345	358,063	141,278
2020	$1,928,170	$1,893,402	$3,821,572	$3,821,572	Interstate Business ...	16500 San Pedro Ave,...	A F Weatherford #1, ...	C-SM-IND	S9345	358,063	141,278
2019	$1,371,380	$2,450,192	$3,821,572	$3,821,572	Interstate Business ...	2705 Bee Cave Rd, St...	A F Weatherford #1, ...	C-SM-IND	S9345	358,063	141,278
2018	$1,027,640	$1,561,210	$2,588,850	$2,588,850	Ibp San Marcos Ltd	9442 N Capital Of Te...	A F Weatherford #1, ...	494	S9345	358,063	141,278
2017	$1,027,640	$1,561,210	$2,588,850	$2,588,850	Ibp San Marcos Ltd	9442 N Capital Of Te...	A F Weatherford #1, ...	494	A F WEATHERFORD #1	358,063	141,278

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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 ↕
—	1942 S Ih 35, San Marcos, TX 78666	—	-	358,063	1960	141,278	$ 9,738,316	$ 2,274,600	-
Pioneer Finance Inc	5898 Camino Real, Kyle, TX 78640	09/10/2025	$ 7,300,000	256,830	2020	10,452	$ 2,720,100	$ 456,490	5898 Camino Real Business Llc
Mission Valley Bank	1081 Wonder World Dr, San Marcos, TX 78666	08/22/2025	$ 4,602,200	28,619	1997	2,938	$ 902,070	$ 464,030	Blc Hot Dogs Inc
Firstlockhart National Bank	120 W Hopkins St, San Marcos, TX 78666	07/22/2025	$ 257,200	7,351	2011	7,108	$ 705,270	$ 114,570
Guaranty Bank & Trust Na	4980 Transportation Way, San Marcos, TX 78666	06/05/2025	$ 1,645,826	140,525	2014	11,550	$ 1,500,000	$ 256,520	Autobus 2000 Llc
Rocket Mortgage Llc	118 E San Antonio St, San Marcos, TX 78666	05/27/2025	$ 430,411	3,006	0	1,080	$ 225,850	$ 126,200
Baron Creek Fund Ii Lp	712 E Hopkins St, San Marcos, TX 78666	05/15/2025	$ 475,000	18,250	1969	4,100	$ 662,280	$ 394,170
Blue Sky Bank	1012 Sh 123, San Marcos, TX 78666	05/07/2025	$ 18,250,000	30,535	2000	3,468	$ 1,080,000	$ 559,580	Qsr 2 Llc
Frost Bank	1702 Hunter Rd, San Marcos, TX 78666	02/20/2025	$ 100,000	16,553	2001	896	$ 199,020	$ 120,660
Maverick Bank	4206 S Ih 35, San Marcos, TX 78666	12/27/2024	$ 2,295,000	43,560	2018	2,286	$ 1,495,270	$ 848,110
Wells Fargo Bank Na	24801 Logistics Dr, Kyle, TX 78640	12/16/2024	$ 357,776	4,217,087	2022	1,647,300	$ 76,200,000	$ 7,464,240	Mdh F3 Aus Kyle 35 Llc

Mean$ 4,121,316

Median$ 1,572,048.0

Loan Amount Range$ 100,000 - $ 26,122,000

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