1180 Thorpe Ln, San Marcos, TX 78666 – Commercial Improved Land

CommercialYear Built 1998Total Assessed Value $15,400,125County Hays

Property Details

The Commercial property 1180 Thorpe Ln, 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 $15,400,125.

The gross building area is 102,687 square feet and the land area is 246,235 square feet for this Commercial Improved Land built in 1998.

Legal description: Springtown Subdivision, Lot 2B, Acres 6.066

$15,400,125

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 Area102,687

Land Size246,235

Land Value$2,266,350

Improved Value$13,133,775

Total Assessed Value$15,400,125

Year Built1998

County NameHays

Account NumberR164741

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof TypeFlat

Type ConstructionOther

Exterior WallsConcrete block

Sales History

12/7/2021

Arms-length$7,343,800

Buyer

Albert J Gomez Separate Property Trust

Seller

Humpty Dumpty Ssm Ltd

Book Number

2021.67114

Recording Date

12/7/2021

Transaction Details

Albert J Gomez Separate Property Trust acquired the property from Humpty Dumpty Ssm Ltd through a Arms-length transaction on 12/7/2021 for $7,343,800.

Property constructed in 1998

YSale Price (USD) byXSales Year

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Mortgage History

12/8/2021

Sale$6,875,000

Borrower

Albert J Gomez Separate Property Trust

Lender

Humpty Dumpty Ssm Ltd

Book Number

202121067115

Recording Date

12/8/2021

Transaction Details

Albert J Gomez Separate Property Trust borrowed the property from Humpty Dumpty Ssm Ltd through a transaction on 12/8/2021 for $6,875,000.

6/28/2018

Helocs both purchase money and non purchase money helocs$380,012

Borrower

Monterry Road Invetsmenst Group Llc

Lender

Pinnacle Bank

Book Number

2018.23775

Recording Date

6/28/2018

Transaction Details

Monterry Road Invetsmenst Group Llc borrowed the property from Pinnacle Bank through a Helocs both purchase money and non purchase money helocs transaction on 6/28/2018 for $380,012.

Property constructed in 1998

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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	$2,266,350	$13,133,775	$15,400,125	$15,400,125	Gomez Separate Prope...	40 Cinnamon Ct, Hill...	Springtown Subdivisi...	C-Sm-Ret	S8194	246,235	102,687
2025	$2,266,350	$13,312,724	$15,579,074	$15,579,074	Gomez Separate Prope...	40 Cinnamon Ct, Hill...	Springtown Subdivisi...	C-SM-RET	S8194	246,235	102,687
2024	$2,266,350	$14,289,162	$16,555,512	$16,555,512	Gomez Separate Prope...	Gomez Albert J Trust...	Springtown Subdivisi...	C-SM-RET	S8194	246,235	102,687
2023	$2,266,350	$13,986,237	$16,252,587	$16,252,587	Gomez Separate Prope...	Gomez Albert J Trust...	Springtown Subdivisi...	C-SM-RET	S8194	246,235	102,687
2022	$1,920,630	$13,432,037	$15,352,667	$15,352,667	Gomez Separate Prope...	Gomez Albert J Trust...	Springtown Subdivisi...	C-SM-RET	S8194	246,245	102,687
2021	$1,477,410	$11,673,220	$13,150,630	$13,150,630	Humpty Dumpty Ssm Lt...	500 W 5th St, Ste 70...	Springtown Subdivisi...	C-SM-RET	S8194	246,245	102,687
2020	$1,477,410	$14,522,590	$16,000,000	$16,000,000	Humpty Dumpty Ssm Lt...	500 W 5th St, Ste 70...	Springtown Subdivisi...	C-SM-RET	S8194	246,245	102,687
2019	$1,477,410	$15,040,752	$16,518,162	$16,518,162	Humpty Dumpty Ssm Lt...	500 W 5th St, Ste 70...	Springtown Subdivisi...	C-SM-RET	S8194	246,245	102,687

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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 ↕
—	1180 Thorpe Ln, San Marcos, TX 78666	—	-	246,235	1998	102,687	$ 15,400,125	$ 2,266,350	-
Resflo Llc	161 Weldon Johnston Way, Kyle, TX 78640	09/26/2025	$ 700,000	49,658	0	-	$ 124,590	$ 124,590	-
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
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
Nfm Inc	Fm 150, Kyle, TX 78640	05/22/2025	$ 367,205	39,901	2022	1,640	$ 476,760	$ 244,220	-
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
Sage Capital Bank	340 E Fm 150, Kyle, TX 78640	03/20/2025	$ 1,027,840	179,206	2024	24,456	$ 2,030,540	$ 596,490

Mean$ 3,986,577

Median$ 1,188,295.0

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

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
1180 THORPE LN # 113, SAN MARCOS, TX 78666-7106	TOTAL NUTRITION	5126676771	NUTRITIONISTS
1180 THORPE LN STE 120, SAN MARCOS, TX 78666-7108	GOLD'S GYM	5123923998	HEALTH CLUBS STUDIOS & GYMNASIUMS
1180 THORPE LN STE 204, SAN MARCOS, TX 78666-7137	GREAT CLIPS	5123923488	BEAUTY SALONS
1180 THORPE LN STE 201, SAN MARCOS, TX 78666-7137	AMERICA'S BEST	5122146182	OPTICAL GOODS-RETAIL
1180 THORPE LN, SAN MARCOS, TX 78666-7106	HUMPTY DUMPTY T S M	5123921120	NONCLASSIFIED ESTABLISHMENTS
1180 THORPE LN STE 206, SAN MARCOS, TX 78666-7137	E NINE 7 SPRINGTOWN	5123922191	COFFEE SHOPS
1180 THORPE LN STE 130, SAN MARCOS, TX 78666-7108	EVO ENTERTAINMENT SPRINGTOWN	5122108600	THEATRES-MOVIE
1180 THORPE LN STE 120, SAN MARCOS, TX 78666-7108	GOLDS HOLDING CORP	5123920762	HOLDING COMPANIES (NON-BANK)

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License Details

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