1500 W Us 290, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 2001Total Assessed Value $2,309,501County Hays

Property Details

The Commercial property 1500 W Us 290, 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 $2,309,501.

The gross building area is 3,364 square feet and the land area is 134,905 square feet for this Commercial Improved Land built in 2001.

Legal description: Security Plaza, Lot 1, Acres 3.097

$2,340,650

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 Area3,364

Land Size134,905

Land Value$1,979,400

Improved Value$361,250

Total Assessed Value$2,309,501

Year Built2001

County NameHays

Account NumberR101000

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space24

HeatingCentral

Roof CoverWood shake or shingles

Roof TypeFlat

Type ConstructionOther

Garage TypeNone 0

Exterior WallsBrick

Sales History

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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	$1,979,400	$361,250	$2,309,501	$2,340,650	Security State Bank ...	P O Box 471, Fredric...	Security Plaza, Lot ...	C-Ds-290W	S7564	134,905	3,364
2025	$1,738,750	$321,700	$1,924,584	$2,060,450	Security State Bank ...	P O Box 471, Fredric...	Security Plaza, Lot ...	C-DS-290W	S7564	134,905	3,364
2024	$1,282,120	$321,700	$1,603,820	$1,603,820	Security State Bank ...	P O Box 471, Fredric...	Security Plaza, Lot ...	C-DS-290W	S7564	134,905	3,364
2023	$1,038,750	$361,250	$1,400,000	$1,400,000	Security State Bank ...	P O Box 471, Fredric...	Security Plaza, Lot ...	C-DS-290W	S7564	134,905	3,364
2022	$1,006,210	$361,250	$1,367,460	$1,367,460	Security State Bank ...	P O Box 471, Fredric...	Security Plaza, Lot ...	C-DS-290W	S7564	134,905	3,364
2021	$1,006,210	$361,250	$1,367,460	$1,367,460	Security State Bank ...	P O Box 471, Fredric...	Security Plaza, Lot ...	C-DS-290W	S7564	134,905	3,364
2020	$1,006,210	$361,250	$1,367,460	$1,367,460	Security State Bank ...	P O Box 471, Fredric...	Security Plaza, Lot ...	C-DS-290W	S7564	134,905	3,364
2019	$707,120	$361,250	$1,068,370	$1,068,370	Security State Bank ...	P O Box 471, Fredric...	Security Plaza, Lot ...	C-DS-290W	S7564	134,905	3,364
2018	$656,610	$326,710	$983,320	$983,320	Security State Bank ...	P O Box 471, Fredric...	Security Plaza, Lot ...	C-DS-290W	S7564	134,905	3,364
2017	$368,290	$314,140	$682,430	$682,430	Security State Bank ...	P O Box 471, Fredric...	Security Plaza, Lot ...	C-DS-290W	S7564 - SECURITY PLA...	134,905	3,364

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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 ↕
—	1500 W Us 290, Dripping Springs, TX 78620	—	-	134,905	2001	3,364	$ 2,309,501	$ 1,979,400	-
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$ 11,770,903

Median$ 1,005,750.0

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

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Tenant Details

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License Details

License Number

17408909921

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

4/9/2002

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	SECURITY STATE BANK & TRUST
	Address Line	po box 471 attn: brenda burrie
	City / State / Zip	fredericksbrg TX 78624
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48209
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	78624
Registration Details	SOS Code

License Timeline

License Issued

4/9/2002

Currently Active

Status: -

Renewal Required

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