1006 Frost Ave, Driftwood, TX 78619 – Commercial Improved Land

CommercialYear Built 2025Total Assessed Value $638,599County Hays

Property Details

The Commercial property 1006 Frost Ave, Driftwood, TX 78619 is located in Hays County. The specific property type is Commercial Improved Land. The total assessed value of this property is $638,599.

The gross building area is 2,000 square feet and the land area is 321,952 square feet for this Commercial Improved Land built in 2025.

Legal description: The Gardens Of Howard Ranch, A Residential Condominium, Unit 227, 2.7027% Common Area Interest

$638,599

Market Value

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Cap Rate

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NOI

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Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area2,000

Land Size321,952

Land Value$61,850

Improved Value$576,749

Total Assessed Value$638,599

Year Built2025

County NameHays

Account NumberR164505

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space2

HeatingCentral

Roof CoverComposition shingle

Roof TypeGable or hip

Type ConstructionOther

No of Stories2

Garage TypeMixed 561

Bedrooms3

Partial Baths1

Bathrooms3

Sales History

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Mortgage History

5/11/2023

Arms length residential transactions purchase or resales$360,000

Borrower

Howard Land & Cattle Ltd

Lender

Johnson City Bank

Book Number

2023.20113

Recording Date

5/11/2023

Transaction Details

Howard Land & Cattle Ltd borrowed the property from Johnson City Bank through a Arms length residential transactions purchase or resales transaction on 5/11/2023 for $360,000.

11/8/2021

Helocs both purchase money and non purchase money helocs$360,000

Borrower

Howard Land & Cattle Ltd

Lender

Johnson City Bank

Book Number

2021.62350

Recording Date

11/8/2021

Transaction Details

Howard Land & Cattle Ltd borrowed the property from Johnson City Bank through a Helocs both purchase money and non purchase money helocs transaction on 11/8/2021 for $360,000.

Property constructed in 2025

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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	$61,850	$576,749	$638,599	$638,599	Howard Land & Cattle...	120 Howard Ranch Ln,...	The Gardens Of Howar...	C-Ds-Rr12N	C3500	321,952	2,000
2025	$67,930	$286,311	$354,241	$354,241	Howard Land & Cattle...	120 Howard Ranch Ln,...	The Gardens Of Howar...	DSCONDOS	C3500	321,952	2,449
2024	$67,930	$335,590	$403,520	$403,520	Howard Land & Cattle...	120 Howard Ranch Ln,...	The Gardens Of Howar...	DSCONDOS	C3500	321,952	2,449
2023	$67,930	$590,660	$658,590	$658,590	Howard Land & Cattle...	120 Howard Ranch Ln,...	The Gardens Of Howar...	DSCONDOS	C3500	321,952	2,449
2022	$52,410	-	$52,410	$52,410	Howard Land & Cattle...	120 Howard Ranch Ln,...	The Gardens Of Howar...	GAHORCH	C3500	321,952	-
2021	$52,410	-	$52,410	$52,410	Howard Land & Cattle...	120 Howard Ranch Ln,...	The Gardens Of Howar...	GAHORCH	C3500	321,952	-
2020	$52,410	-	$52,410	$52,410	Howard Land & Cattle...	120 Howard Ranch Ln,...	The Gardens Of Howar...	GAHORCH	C3500	321,952	-
2019	$52,410	-	$52,410	$52,410	Howard Land & Cattle...	120 Howard Ranch Ln,...	The Gardens Of Howar...	GAHORCH	C3500	321,952	-

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Rent & Occupancy

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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 ↕
—	1006 Frost Ave, Driftwood, TX 78619	—	-	321,952	2025	2,000	$ 638,599	$ 61,850	-
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$ 11,762,950

Median$ 1,005,750.0

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

Showing 1 to 10 of 26 entries

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License Details

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