150 Benney Ln, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 2017Total Assessed Value $6,897,556County Hays

Property Details

The Commercial property 150 Benney Ln, 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 $6,897,556.

The gross building area is 27,828 square feet and the land area is 94,830 square feet for this Commercial Improved Land built in 2017.

Legal description: A Benney Subd, Lot 6-A1/A2, Acres 2.177

$6,897,556

Market Value

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NOI

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Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area27,828

Land Size94,830

Land Value$1,449,950

Improved Value$5,447,606

Total Assessed Value$6,897,556

Year Built2017

County NameHays

Account NumberR150993

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof CoverWood shake or shingles

Roof TypeHip

Type ConstructionOther

Exterior WallsBrick

Sales History

1/14/2022

Arms-length$327,940,800

Buyer

Dripping Springs Mp Rk6 Llc

Seller

Dripping Springs Mob Llc

Book Number

2022.3366

Recording Date

1/14/2022

Transaction Details

Dripping Springs Mp Rk6 Llc acquired the property from Dripping Springs Mob Llc through a Arms-length transaction on 1/14/2022 for $327,940,800.

Property constructed in 2017

YSale Price (USD) byXSales Year

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Mortgage History

1/14/2022

New construction residential transactions$262,353,622

Borrower

Dripping Springs Mp Rk6 Llc

Lender

Capital One National Association

Book Number

202222003367

Recording Date

1/14/2022

Transaction Details

Dripping Springs Mp Rk6 Llc borrowed the property from Capital One National Association through a New construction residential transactions transaction on 1/14/2022 for $262,353,622.

Property constructed in 2017

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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	$1,449,950	$5,447,606	$6,897,556	$6,897,556	Dripping Springs Mp ...	800 W Madison St St...	A Benney Subd, Lot 6...	C-Ds-Off	S0370	94,830	27,828
2025	$1,449,950	$5,536,123	$6,986,073	$6,986,073	Dripping Springs Mp ...	800 W Madison St Ste...	A Benney Subd, Lot 6...	C-DS-OFF	S0370	94,830	27,828
2024	$1,449,950	$5,300,050	$6,750,000	$6,750,000	Dripping Springs Mp ...	C/o Remedy Medical P...	A Benney Subd, Lot 6...	C-DS-OFF	S0370	94,830	27,828
2023	$1,164,510	$6,507,272	$7,671,782	$7,671,782	Dripping Springs Mp ...	C/o Remedy Medical P...	A Benney Subd, Lot 6...	C-DS-OFF	S0370	94,830	27,828
2022	$737,780	$5,042,220	$5,780,000	$5,780,000	Dripping Springs Mp ...	C/o Remedy Medical P...	A Benney Subd, Lot 6...	C-DS-OFF	S0370	94,830	27,828
2021	$737,780	$4,613,345	$5,351,125	$5,351,125	Dripping Springs Mob...	4653 Trueman Blvd, S...	A Benney Subd, Lot 6...	C-DS-OFF	S0370	94,830	27,828
2020	$737,780	$4,303,247	$5,041,027	$5,041,027	Dripping Springs Mob...	Attn: Equity, Llc, 4...	A Benney Subd, Lot 6...	C-DS-OFF	S0370	94,830	27,828
2019	$458,830	$4,173,090	$4,631,920	$4,631,920	Dripping Springs Mob...	Attn: Equity, Llc, 4...	A Benney Subd, Lot 6...	C-DS-290W	S0370	94,830	27,828
2018	$426,050	$2,017,770	$2,443,820	$2,443,820	Dripping Springs Mob...	1301 S Capital Of Tx...	A Benney Subd, Lot 6...	C-DS-290W	S0370	94,830	27,828
2017	$245,610	-	$245,610	$245,610	Dripping Springs Mob...	1301 S Capital Of Tx...	A Benney Subd, Lot 6...	C-DS-290W	A BENNEY SUBD	94,830	-

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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 ↕
—	150 Benney Ln, Dripping Springs, TX 78620	—	-	94,830	2017	27,828	$ 6,897,556	$ 1,449,950	-
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
First United Bank & Trust Co	800 W Us 290, Dripping Springs, TX 78620	05/15/2025	$ 800,000	219,412	2001	4,000	$ 845,137	$ 441,180	Cir Holdings 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

Mean$ 11,779,483

Median$ 1,005,750.0

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

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