3991 E Us 290, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 1997Total Assessed Value $2,261,050County Hays

Property Details

The Commercial property 3991 E 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 $2,261,050.

The gross building area is 10,000 square feet and the land area is 86,684 square feet for this Commercial Improved Land built in 1997.

Legal description: Sunset Canyon Sec 1-C Lot 16 1.99 Ac Geo#90406210

$2,261,050

Market Value

N/A

Cap Rate

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NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area10,000

Land Size86,684

Land Value$1,785,000

Improved Value$476,050

Total Assessed Value$2,261,050

Year Built1997

County NameHays

Account NumberR44709

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Garage Type8

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	$1,785,000	$476,050	$2,261,050	$2,261,050	Stokes, Rex	2814 Willow Fork Dr,...	Sunset Canyon Sec 1-...	C-Sunset-C	S8490	86,684	10,000
2025	$1,487,500	$476,050	$1,963,550	$1,963,550	Stokes, Rex	2814 Willow Fork Dr,...	Sunset Canyon Sec 1-...	C-SUNSET-C	S8490	86,684	10,000
2024	$1,487,500	$476,050	$1,963,550	$1,963,550	Stokes, Rex	2814 Willow Fork Dr,...	Sunset Canyon Sec 1-...	C-SUNSET-C	S8490	86,684	10,000
2023	$1,487,500	$476,050	$1,963,550	$1,963,550	Stokes, Rex	5107 Sandyfields Ln,...	Sunset Canyon Sec 1-...	C-SUNSET-C	S8490	86,684	10,000
2022	$1,340,780	$476,050	$1,816,830	$1,816,830	Stokes, Rex	5107 Sandyfields Ln,...	Sunset Canyon Sec 1-...	C-SUNSET-C	S8490	86,684	10,000
2021	$804,260	$476,050	$1,280,310	$1,280,310	Stokes, Rex	5107 Sandyfields Ln,...	Sunset Canyon Sec 1-...	C-SUNSET-C	S8490	86,684	10,000
2020	$749,270	$443,490	$1,192,760	$1,192,760	Stokes, Rex	200 Katy Fort Bend R...	Sunset Canyon Sec 1-...	C-SUNSET-C	S8490	86,684	10,000
2019	$229,170	$443,490	$672,660	$672,660	Stokes, Rex	200 Katy Fort Bend R...	Sunset Canyon Sec 1-...	C-SUNSET-C	S8490	86,684	10,000
2018	$229,170	$443,490	$672,660	$672,660	Stokes, Rex	P O Box 307, O'Donne...	Sunset Canyon Sec 1-...	C-SUNSET-C	S8490	86,684	10,000
2017	$220,760	$427,230	$647,990	$647,990	Stokes, Rex	P O Box 307, O'Donne...	Sunset Canyon Sec 1-...	C-SUNSET-C	SUNSET CANYON SEC I-...	86,684	10,000

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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 ↕
—	3991 E Us 290, Dripping Springs, TX 78620	—	-	86,684	1997	10,000	$ 2,261,050	$ 1,785,000	-
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
Independent Bank	3987 W Us 290, Dripping Springs, TX 78620	03/28/2025	$ 2,776,000	86,684	2002	6,850	$ 1,493,069	$ 1,487,500	C & B Interests 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

Mean$ 12,337,585

Median$ 1,078,250.0

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

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Tenant Details

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License Details

License Number

32092713612

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

12/6/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	STEEPOLOGIE LLC
	Address Line	3991 e highway 290
	City / State / Zip	dripping springs TX 78620
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	78620
Registration Details	SOS Code

License Timeline

License Issued

12/6/2023

Currently Active

Status: -

Renewal Required

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