24711 Rr 12, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 2019Total Assessed Value $1,448,410County Hays

Property Details

The Commercial property 24711 Rr 12, 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 $1,448,410.

The gross building area is 4,950 square feet and the land area is 457,380 square feet for this Commercial Improved Land built in 2019.

Legal description: A0096 William Cockburn Survey, Acres 10.5

$1,448,410

Market Value

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Cap Rate

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NOI

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Occupancy

Avg Rent

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Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area4,950

Land Size457,380

Land Value$1,285,060

Improved Value$163,350

Total Assessed Value$1,448,410

Year Built2019

County NameHays

Account NumberR96094

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

6/29/2017

Arms-lengthNot Disclosed

Buyer

Seale Robert Henry

Seller

Reeves Cody W

Book Number

2017.27897

Recording Date

6/29/2017

Transaction Details

Seale Robert Henry acquired the property from Reeves Cody W through a Arms-length transaction on 6/29/2017 for .

Property constructed in 2019

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	$1,285,060	$163,350	$1,448,410	$1,448,410	Seale Robert H Iii &...	P O Box 1214, Dripp...	A0096 William Cockbu...	4Abs	A0096	457,380	4,950
2025	$1,230,180	-	$1,230,180	$1,230,180	Seale Robert H Iii &...	P O Box 1214, Drippi...	A0096 William Cockbu...	4ABS	A0096	457,380	-
2024	$1,235,180	-	$1,235,180	$1,235,180	Seale Robert H Iii &...	P O Box 1214, Drippi...	A0096 William Cockbu...	4ABS	A0096	457,380	-
2023	$1,049,903	-	$1,049,903	$1,049,903	Seale Robert H Iii &...	P O Box 1214, Dripp...	A0096 William Cockbu...	4ABS	A0096	457,380	-
2022	$915,920	-	$915,920	$915,920	Seale Robert H Iii &...	P.o. Box 1214, Dripp...	A0096 William Cockbu...	4ABS	A0096	457,380	-
2021	$270,900	-	$270,900	$270,900	Seale Robert H Iii &...	P.o. Box 1214, Dripp...	A0096 William Cockbu...	4ABS	A0096	457,380	-
2020	$230,270	-	$230,270	$230,270	Seale Robert H Iii &...	P.o. Box 1214, Dripp...	A0096 William Cockbu...	4ABS	A0096	457,380	-
2019	$189,630	-	$189,630	$189,630	Seale Robert H Iii &...	P.o. Box 1214, Dripp...	A0096 William Cockbu...	4ABS	A0096	457,380	-
2018	$161,190	-	$161,190	$161,190	Seale Robert H Iii &...	P.o. Box 1214, Dripp...	A0096 William Cockbu...	4ABS	A0096	457,380	-
2017	$147,180	-	$1,420	$147,180	Reeves Cody W & Mich...	24711 Ranch Rd 12, D...	A0096 William Cockbu...	4ABS	WILLIAM COCKBURN SUR...	457,380	-

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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 ↕
—	24711 Rr 12, Dripping Springs, TX 78620	—	-	457,380	2019	4,950	$ 1,448,410	$ 1,285,060	-
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
Network Funding Lp	315 Holton Dr, Austin, TX 78737	03/14/2025	$ 378,000	30,087	2023	6,394	$ 1,943,740	$ 812,550
Primary Resid Mortgage Inc	315 Holton Dr, Austin, TX 78737	03/07/2025	$ 313,500	30,087	2023	6,394	$ 1,943,740	$ 812,550

Mean$ 12,393,827

Median$ 1,005,750.0

Loan Amount Range$ 228,000 - $ 199,500,000

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