701 W Us 290 Unit2, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 2010Total Assessed Value $681,100County Hays

Property Details

The Commercial property 701 W Us 290 Unit2, 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 $681,100.

The gross building area is 0 square feet and the land area is 60,548 square feet for this Commercial Improved Land built in 2010.

Legal description: Dripping Springs Professional Center Condominiums, Unit 2, 38.1% Common Area Interest

$681,100

Market Value

N/A

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 Area0

Land Size60,548

Land Value$681,100

Improved Value$0

Total Assessed Value$681,100

Year Built2010

County NameHays

Account NumberR168965

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Basement3

Sales History

2/12/2022

Arms-lengthNot Disclosed

Buyer

Burttschell, Hunter

Seller

Chj Commercial Llc

Book Number

202222007466

Recording Date

2/12/2022

Transaction Details

Burttschell, Hunter acquired the property from Chj Commercial Llc through a Arms-length transaction on 2/12/2022 for .

4/20/2021

Arms-length$1,550,000

Buyer

Chj Commercial Llc

Seller

Dripping Springs Professional Center Llc

Book Number

202121020487

Recording Date

4/20/2021

Transaction Details

Chj Commercial Llc acquired the property from Dripping Springs Professional Center Llc through a Arms-length transaction on 4/20/2021 for $1,550,000.

Property constructed in 2010

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	$681,100	-	$681,100	$681,100	Burttschell, Hunter	408 Suttles Ave, San...	Dripping Springs Pro...	C-Ds-Off	C2400	60,548	-
2025	$681,100	-	$681,100	$681,100	Burttschell, Hunter	408 Suttles Ave, San...	Dripping Springs Pro...	C-DS-OFF	Dripping Spgs Profes...	60,548	-
2024	$681,100	-	$655,020	$681,100	Burttschell, Hunter	408 Suttles Ave, San...	Dripping Springs Pro...	C-DS-OFF	C2400	60,548	-
2023	$545,850	-	$545,850	$545,850	Burttschell, Hunter	408 Suttles Ave, San...	Dripping Springs Pro...	C-DS-OFF	C2400	60,548	-
2022	$197,930	-	$545,850	$197,930	Burttschell, Hunter	408 Suttles Ave, San...	Dripping Springs Pro...	C-DS-OFF	C2400	60,548	-
2021	$197,930	-	$197,930	$197,930	Chj Commercial Llc	14309 Fm 1826, Austi...	Dripping Springs Pro...	C-DS-OFF	C2400	60,548	-
2020	$197,930	-	$197,930	$197,930	Drippings Springs Pr...	P O Box 1131, Drippi...	Dripping Springs Pro...	C-DS-OFF	C2400	60,548	-

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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 ↕
—	701 W Us 290 Unit2, Dripping Springs, TX 78620	—	-	60,548	2010	-	$ 681,100	$ 681,100	-
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$ 11,762,760

Median$ 1,005,750.0

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

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License Details

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