550 E Us 290, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 2020Total Assessed Value $13,028,194County Hays

Property Details

The Commercial property 550 E 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 $13,028,194.

The gross building area is 56,828 square feet and the land area is 227,949 square feet for this Commercial Improved Land built in 2020.

Legal description: Dripping Springs Retail Center, Block A, Lot Pt Of 6, Acres 5.233, (Area C3)

$13,028,194

Market Value

N/A

Cap Rate

N/A

NOI

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Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area56,828

Land Size227,949

Land Value$403,470

Improved Value$12,624,724

Total Assessed Value$13,028,194

Year Built2020

County NameHays

Account NumberR131621

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Type ConstructionOther

Number of Units91

Sales History

3/17/2016

Arms-lengthNot Disclosed

Buyer

Ds Hospitality Llc

Seller

B&o Dripping Springs Investors Ltd

Book Number

16008108

Recording Date

3/17/2016

Transaction Details

Ds Hospitality Llc acquired the property from B&o Dripping Springs Investors Ltd through a Arms-length transaction on 3/17/2016 for .

3/17/2016

Arms-lengthNot Disclosed

Buyer

Ds Hospitality Llc

Seller

B&o Dripping Springs Investors Ltd

Book Number

2016.8108

Recording Date

3/17/2016

Transaction Details

Ds Hospitality Llc acquired the property from B&o Dripping Springs Investors Ltd through a Arms-length transaction on 3/17/2016 for .

Property constructed in 2020

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	$403,470	$12,624,724	$13,028,194	$13,028,194	Ds Hospitality Llc	4939 De Zavala Rd St...	Dripping Springs Ret...	C-Ds-Hotel	S2634	227,949	56,828
2025	$403,470	$9,089,516	$9,492,986	$9,492,986	Ds Hospitality Llc	13279 W Interstate 1...	Dripping Springs Ret...	C-DS-HOTEL	S2634	227,949	56,828
2024	$403,470	$6,626,530	$7,030,000	$7,030,000	Ds Hospitality Llc	13279 W Interstate 1...	Dripping Springs Ret...	C-DS-HOTEL	S2634	227,949	56,828
2023	$403,470	$5,846,530	$6,250,000	$6,250,000	Ds Hospitality Llc	13279 W Interstate 1...	Dripping Springs Ret...	C-DS-HOTEL	S2634	227,949	56,828
2022	$369,280	$3,430,720	$3,800,000	$3,800,000	Ds Hospitality Llc	13279 W Interstate 1...	Dripping Springs Ret...	C-DS-290E	S2634	227,949	56,828
2021	$369,280	$2,781,960	$3,151,240	$3,151,240	Ds Hospitality Llc	13279 W Interstate 1...	Dripping Springs Ret...	C-DS-290E	S2634	227,949	56,828
2020	$369,280	-	$369,280	$369,280	Ds Hospitality Llc	13279 W Interstate 1...	Dripping Springs Ret...	C-DS-290E	S2634	227,949	-
2019	$369,280	-	$369,280	$369,280	Ds Hospitality Llc	13279 W Interstate 1...	Dripping Springs Ret...	C-DS-290E	S2634	227,949	-
2018	$273,540	-	$273,540	$273,540	Ds Hospitality Llc	13279 W Interstate 1...	Dripping Springs Ret...	C-DS-290E	S2634	227,949	-
2017	$273,540	-	$273,540	$273,540	Ds Hospitality Llc	13279 W Interstate 1...	Dripping Springs Ret...	C-DS-290E	-	227,949	-

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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 ↕
—	550 E Us 290, Dripping Springs, TX 78620	—	-	227,949	2020	56,828	$ 13,028,194	$ 403,470	-
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$ 11,770,916

Median$ 1,005,750.0

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

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License Details

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