26222 Rr 12, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 2012Total Assessed Value $1,716,706County Hays

Property Details

The Commercial property 26222 Rr 12, 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 $1,716,706.

The gross building area is 4,212 square feet and the land area is 87,991 square feet for this Commercial Improved Land built in 2012.

Legal description: Blue Ridge Sec 1, Lot 2, Acres 2.02

$1,716,706

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 Area4,212

Land Size87,991

Land Value$1,000,000

Improved Value$716,706

Total Assessed Value$1,716,706

Year Built2012

County NameHays

Account NumberR21671

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Fireplace1

Parking Space12

HeatingCentral

Roof CoverWood shake or shingles

Type ConstructionOther

No of Stories1

Garage TypeMixed 1800

Bathrooms2

Exterior WallsRock, stone

Sales History

3/7/2023

Arms-lengthNot Disclosed

Buyer

Lk Heart & Soil Real Estate Llc

Seller

Saladino Paul

Book Number

2023.9754

Recording Date

3/7/2023

Transaction Details

Lk Heart & Soil Real Estate Llc acquired the property from Saladino Paul through a Arms-length transaction on 3/7/2023 for .

1/5/2023

Arms-lengthNot Disclosed

Buyer

Lk Heart & Soil Real Estate Llc

Seller

Johnson Brian M

Book Number

2023.2379

Recording Date

1/5/2023

Transaction Details

Lk Heart & Soil Real Estate Llc acquired the property from Johnson Brian M through a Arms-length transaction on 1/5/2023 for .

4/18/2022

Arms-length$2,500,000

Buyer

Paul Saladino

Seller

26222 Rr 12 Llc

Book Number

202222016687

Recording Date

4/18/2022

Transaction Details

Paul Saladino acquired the property from 26222 Rr 12 Llc through a Arms-length transaction on 4/18/2022 for $2,500,000.

12/23/2020

Arms-length$915,000

Buyer

26222 Rr 12 Llc

Seller

26222 Rr 12 South Llc

Book Number

20060251

Recording Date

12/23/2020

Transaction Details

26222 Rr 12 Llc acquired the property from 26222 Rr 12 South Llc through a Arms-length transaction on 12/23/2020 for $915,000.

12/23/2010

Arms-lengthNot Disclosed

Buyer

26222 Rr 12 South Llc

Seller

Schoenborn Randy

Book Number

10035772

Recording Date

12/23/2010

Transaction Details

26222 Rr 12 South Llc acquired the property from Schoenborn Randy through a Arms-length transaction on 12/23/2010 for .

Property constructed in 2012

YSale Price (USD) byXSales Year

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Mortgage History

4/4/2022

Sale$1,180,000

Borrower

Brian Johnson

Lender

26222 Rr 12 Llc

Book Number

202222016688

Recording Date

4/4/2022

Transaction Details

Brian Johnson borrowed the property from 26222 Rr 12 Llc through a transaction on 4/4/2022 for $1,180,000.

3/23/2021

Arms length residential transactions purchase or resales$782,000

Borrower

26222 Rr12 Llc

Lender

Verabank National Association

Book Number

2021.16174

Recording Date

3/23/2021

Transaction Details

26222 Rr12 Llc borrowed the property from Verabank National Association through a Arms length residential transactions purchase or resales transaction on 3/23/2021 for $782,000.

Property constructed in 2012

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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	$1,000,000	$716,706	$1,716,706	$1,716,706	Lk Heart & Soil Real...	13876 Longwood Dr, W...	Blue Ridge Sec 1, Lo...	C-Ds-Off	S0645	87,991	4,212
2025	$1,641,910	$90,582	$1,732,492	$1,732,492	Lk Heart & Soil Real...	13876 Longwood Dr, W...	Blue Ridge Sec 1, Lo...	C-DS-OFF	Blue Ridge	87,991	4,212
2024	$1,641,910	$142,650	$1,784,560	$1,784,560	Lk Heart & Soil Real...	13876 Longwood Dr, W...	Blue Ridge Sec 1, Lo...	C-DS-OFF	S0645	87,991	4,212
2023	$1,641,910	$149,725	$1,791,635	$1,791,635	Lk Heart & Soil Real...	13876 Longwood Dr, W...	Blue Ridge Sec 1, Lo...	C-DS-OFF	S0645	87,991	4,212
2022	$695,130	$1,068,984	$1,764,114	$1,764,114	Johnson Brian & Sala...	13876 Longwood Dr, W...	Blue Ridge Sec 1, Lo...	C-DS-RR12S	S0645	87,991	4,212
2021	$386,280	$571,860	$958,140	$958,140	26222 Rr 12 Llc	2344 Echoing Oak, Ne...	Blue Ridge Sec 1, Lo...	C-DS-RR12S	S0645	87,991	4,212
2020	$315,030	$593,170	$908,200	$908,200	26222 Rr 12 South Ll...	11601 W Highway 290,...	Blue Ridge Sec 1, Lo...	C-DS-RR12S	S0645	87,991	4,212
2019	$162,910	$537,110	$700,020	$700,020	26222 Rr 12 South Ll...	11601 W Highway 290,...	Blue Ridge Sec 1, Lo...	C-DS-RR12S	S0645	87,991	4,212
2018	$152,720	$475,010	$627,730	$627,730	26222 Rr 12 South Ll...	900 Polo Club Dr, Au...	Blue Ridge Sec 1, Lo...	C-DS-RR12S	S0645	87,991	4,212
2017	$145,450	$440,090	$585,540	$585,540	26222 Rr 12 South Ll...	900 Polo Club Dr, Au...	Blue Ridge Sec 1, Lo...	C-DS-RR12S	BLUE RIDGE SEC 1	87,991	4,212

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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 ↕
—	26222 Rr 12, Dripping Springs, TX 78620	—	-	87,991	2012	4,212	$ 1,716,706	$ 1,000,000	-
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
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
Broadway National Bank	26228 Rr 12, Dripping Springs, TX 78620	04/24/2025	$ 3,250,000	87,120	0	1,595	$ 1,117,150	$ 814,570

Mean$ 11,873,714

Median$ 1,078,250.0

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

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