4234 S Ih 35, San Marcos, TX 78666 – Commercial Improved Land

CommercialYear Built 2023Total Assessed Value $2,878,510County Hays

Property Details

The Commercial property 4234 S Ih 35, 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 $2,878,510.

The gross building area is 16,119 square feet and the land area is 85,378 square feet for this Commercial Improved Land built in 2023.

Legal description: Lowman Ranch Subd Sec 1, Acres 1.96, Lot 6

$2,878,510

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 Area16,119

Land Size85,378

Land Value$1,470,720

Improved Value$1,407,790

Total Assessed Value$2,878,510

Year Built2023

County NameHays

Account NumberR189751

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Sales History

8/30/2022

Other$1,265,000

Buyer

San Marcos Hft Development, Llc

Seller

Book Number

Recording Date

8/30/2022

Transaction Details

San Marcos Hft Development, Llc acquired the property from through a Other transaction on 8/30/2022 for $1,265,000.

Property constructed in 2023

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	$1,470,720	$1,407,790	$2,878,510	$2,878,510	Grasik Llc	110 Belfalls Dr, Geo...	Lowman Ranch Subd Se...	C-Sm-Om	S5076	85,378	16,119
2025	$1,470,720	$1,407,790	$2,878,510	$2,878,510	San Marcos Hft Devel...	272 W Hancock Ave, A...	Lowman Ranch Subd Se...	C-SM-OM	S5076	85,378	16,119
2024	$1,470,720	$1,407,790	$2,878,510	$2,878,510	San Marcos Hft Devel...	Attn Rick Steele 272...	Lowman Ranch Subd Se...	C-SM-OM	S5076	85,378	16,119
2023	$1,470,720	-	$1,470,720	$1,470,720	San Marcos Hft Devel...	Attn: Rick Steele, 2...	Lowman Ranch Subd Se...	C-SM-OM	S5076	85,378	-

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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 ↕
—	4234 S Ih 35, San Marcos, TX 78666	—	-	85,378	2023	16,119	$ 2,878,510	$ 1,470,720	-
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
Texas Partners Bank	8989 N I35 Frontage Rd, New Braunfels, TX 78130	07/25/2025	$ 7,995,000	1,952,838	2021	2,160	$ 5,789,280	$ 2,405,480	Treeside Rv Llc
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
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
First National Bank Of Sonora	200 Fm 32, San Marcos, TX 78666	04/10/2025	$ 354,000	80,839	2018	320	$ 601,330	$ 601,330	Dark Horse Syndicate Llc
Frost Bank	1702 Hunter Rd, San Marcos, TX 78666	02/20/2025	$ 100,000	16,553	2001	896	$ 199,020	$ 120,660
Maverick Bank	4206 S Ih 35, San Marcos, TX 78666	12/27/2024	$ 2,295,000	43,560	2018	2,286	$ 1,495,270	$ 848,110

Mean$ 4,119,010

Median$ 1,572,048.0

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

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Tenant Details

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License Details

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