3839/3939 S Ih 35, San Marcos, TX 78666 – Commercial Improved Land

CommercialYear Built 1999Total Assessed Value $55,858,905County Hays

Property Details

The Commercial property 3839/3939 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 $55,858,905.

The gross building area is 290,338 square feet and the land area is 3,332,340 square feet for this Commercial Improved Land built in 1999.

Legal description: Prime Outlet I, Lot 1, Acres 76.50

$55,858,905

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 Area290,338

Land Size3,332,340

Land Value$10,223,620

Improved Value$45,635,285

Total Assessed Value$55,858,905

Year Built1999

County NameHays

Account NumberR93225

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space5

HeatingCentral

Roof CoverTile

Roof TypeHip

Type ConstructionOther

No of Stories1

Garage TypeParking structure 0

Exterior WallsSiding alum or vinyl

Sales History

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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	$10,223,620	$45,635,285	$55,858,905	$55,858,905	Prime Outlets At San...	P O Box 6120, Indian...	Prime Outlet I, Lot ...	C-Sm-Ret	S6582	3,332,340	290,338
2025	$10,223,620	$43,654,728	$53,878,348	$53,878,348	Prime Outlets At San...	Simon Property Group...	Prime Outlet I, Lot ...	C-SM-RET	S6582	3,332,340	290,338
2024	$10,223,620	$45,450,379	$55,673,999	$55,673,999	Prime Outlets At San...	Prime Retail Lp Simo...	Prime Outlet I, Lot ...	C-SM-RET	S6582	3,332,340	290,338
2023	$10,223,620	$49,595,292	$59,818,912	$59,818,912	Prime Outlets At San...	% Prime Retail Lp, %...	Prime Outlet I, Lot ...	C-SM-RET	S6582	3,332,340	290,338
2022	$8,664,080	$46,372,797	$55,036,877	$55,036,877	Prime Outlets At San...	% Prime Retail Lp, %...	Prime Outlet I, Lot ...	C-SM-RET	S6582	3,332,340	290,338
2021	$6,664,680	$44,916,273	$51,580,953	$51,580,953	Prime Outlets At San...	P O Box 6120, Indian...	Prime Outlet I, Lot ...	C-SM-RET	S6582	3,332,340	290,338
2020	$6,664,680	$45,637,728	$52,302,408	$52,302,408	Prime Outlets At San...	% Prime Retail Lp, %...	Prime Outlet I, Lot ...	C-SM-RET	S6582	3,332,340	290,338
2019	$6,664,680	$45,637,728	$52,302,408	$52,302,408	Prime Outlets At San...	% Prime Retail Lp, %...	Prime Outlet I, Lot ...	C-SM-RET	S6582	3,332,340	290,338
2018	$6,664,680	$43,424,491	$50,089,171	$50,089,171	Prime Outlets At San...	% Prime Retail Lp, %...	Prime Outlet I, Lot ...	C-SM-RET	S6582	3,332,340	290,338
2017	$6,664,680	$40,731,014	$47,395,694	$47,395,694	Prime Outlets At San...	% Prime Retail Lp, %...	Prime Outlet I, Lot ...	C-SM-OM	S6582 - PRIME OUTLET...	3,332,340	290,338

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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 ↕
—	3839/3939 S Ih 35, San Marcos, TX 78666	—	-	3,332,340	1999	290,338	$ 55,858,905	$ 10,223,620	-
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
Texas Partners Bank	8989 N I35 Frontage Rd, New Braunfels, TX 78130	07/25/2025	$ 7,995,000	1,952,838	2021	2,160	$ 5,789,280	$ 2,405,480	Treeside Rv Llc
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

Mean$ 4,392,771

Median$ 1,730,878.5

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

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License Details

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