12680 W Us 290 Unit3-B, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 2022Total Assessed Value $1,000,620County Hays

Property Details

The Commercial property 12680 W Us 290 Unit3-B, 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 $1,000,620.

The gross building area is 2,454 square feet and the land area is 540,013 square feet for this Commercial Improved Land built in 2022.

Legal description: Ledge Stone Commercial Condominiums, Unit 3-B, 7.353% Common Area Interest

$1,000,620

Market Value

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Cap Rate

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NOI

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Occupancy

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Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area2,454

Land Size540,013

Land Value$387,590

Improved Value$613,030

Total Assessed Value$1,000,620

Year Built2022

County NameHays

Account NumberR176698

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

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	$387,590	$613,030	$1,000,620	$1,000,620	Zubha Realty Lp	4415 Highway 6, Suga...	Ledge Stone Commerci...	C-Belterra	C4600	540,013	2,454
2025	$387,590	$552,410	$893,676	$940,000	Zubha Realty Lp	4415 Highway 6, Suga...	Ledge Stone Commerci...	C-BELTERRA	C4600	540,013	2,454
2024	$280,810	$463,920	$744,730	$744,730	Zubha Realty Lp	4415 Highway 6, Suga...	Ledge Stone Commerci...	C-BELTERRA	C4600	540,013	2,454
2023	$280,810	$362,860	$643,670	$643,670	Zubha Realty Lp	4415 Highway 6, Suga...	Ledge Stone Commerci...	C-BELTERRA	C4600	540,013	2,454
2022	$238,120	-	$238,120	$238,120	Zubha Realty Lp	4415 Highway 6, Suga...	Ledge Stone Commerci...	C-BELTERRA	C4600	540,013	-

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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 ↕
—	12680 W Us 290 Unit3-B, Dripping Springs, TX 78620	—	-	540,013	2022	2,454	$ 1,000,620	$ 387,590	-
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
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
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
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$ 12,242,873

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

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