231 Frog Pond Ln, Dripping Springs, TX 78620 – Light Industrial/Manufacturing

IndustrialYear Built 2019Total Assessed Value $1,611,537County Hays

Property Details

The Industrial property 231 Frog Pond Ln, Dripping Springs, TX 78620 is located in Hays County. The specific property type is Light Industrial/Manufacturing. The total assessed value of this property is $1,611,537.

The gross building area is 5,940 square feet and the land area is 83,461 square feet for this Light Industrial/Manufacturing built in 2019.

Legal description: Frog Pond The, Lot 4, Acres 1.916

$1,611,537

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeIndustrial

Sub Property TypeLight Industrial/Manufacturing

Building Area5,940

Land Size83,461

Land Value$521,420

Improved Value$1,090,117

Total Assessed Value$1,611,537

Year Built2019

County NameHays

Account NumberR86721

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Roof CoverWood shake or shingles

Roof TypeGable

Type ConstructionOther

Garage TypeParking structure 0

Sales History

4/16/2026

OtherNot Disclosed

Buyer

Kckc Property Investments Llc

Seller

Three Wishes Property Management Llc

Book Number

2026.13502

Recording Date

4/16/2026

Transaction Details

Kckc Property Investments Llc acquired the property from Three Wishes Property Management Llc through a Other transaction on 4/16/2026 for .

7/16/2021

Arms-length$2,850,000

Buyer

Three Wishes Property Management Llc

Seller

Cmerek Investments Llc

Book Number

202121061080

Recording Date

7/16/2021

Transaction Details

Three Wishes Property Management Llc acquired the property from Cmerek Investments Llc through a Arms-length transaction on 7/16/2021 for $2,850,000.

7/15/2021

Arms-length$3,206,300

Buyer

Three Wishes Property Management Llc

Seller

Cmerek Investments Llc

Book Number

2021.39480

Recording Date

7/15/2021

Transaction Details

Three Wishes Property Management Llc acquired the property from Cmerek Investments Llc through a Arms-length transaction on 7/15/2021 for $3,206,300.

12/27/2017

Arms-length$218,800

Buyer

Cmerek Investments Llc

Seller

Austin Performance Volleyball Inc

Book Number

17045254

Recording Date

12/27/2017

Transaction Details

Cmerek Investments Llc acquired the property from Austin Performance Volleyball Inc through a Arms-length transaction on 12/27/2017 for $218,800.

9/8/2015

Arms-length$164,300

Buyer

Austin Performance Volleyball Inc

Seller

Ecr Properties Llc

Book Number

15028605

Recording Date

9/8/2015

Transaction Details

Austin Performance Volleyball Inc acquired the property from Ecr Properties Llc through a Arms-length transaction on 9/8/2015 for $164,300.

11/1/2003

Arms-lengthNot Disclosed

Buyer

Ecr Properties Llc

Seller

Reames Thomas R

Book Number

200303036025

Recording Date

11/1/2003

Transaction Details

Ecr Properties Llc acquired the property from Reames Thomas R through a Arms-length transaction on 11/1/2003 for .

Property constructed in 2019

YSale Price (USD) byXSales Year

Loading Sale History...

Mortgage History

7/15/2021

Helocs both purchase money and non purchase money helocs$2,565,000

Borrower

Three Wishes Property Management Llc

Lender

Trustmark National Bank

Book Number

Recording Date

7/15/2021

Transaction Details

Three Wishes Property Management Llc borrowed the property from Trustmark National Bank through a Helocs both purchase money and non purchase money helocs transaction on 7/15/2021 for $2,565,000.

4/9/2021

Arms length residential transactions purchase or resales$99,925

Borrower

Treague Ryan D

Lender

Frost Bank

Book Number

2021.23609

Recording Date

4/9/2021

Transaction Details

Treague Ryan D borrowed the property from Frost Bank through a Arms length residential transactions purchase or resales transaction on 4/9/2021 for $99,925.

10/30/2019

Helocs both purchase money and non purchase money helocs$431,250

Borrower

Cmerek Investments Llc

Lender

Prosperity Bank

Book Number

2019.40346

Recording Date

10/30/2019

Transaction Details

Cmerek Investments Llc borrowed the property from Prosperity Bank through a Helocs both purchase money and non purchase money helocs transaction on 10/30/2019 for $431,250.

8/8/2018

Reo and trustee deeds$404,122

Borrower

Cmerek Investments Llc

Lender

Prosperity Bank

Book Number

2018.28710

Recording Date

8/8/2018

Transaction Details

Cmerek Investments Llc borrowed the property from Prosperity Bank through a Reo and trustee deeds transaction on 8/8/2018 for $404,122.

12/27/2017

Sale$175,000

Borrower

Cmerek Investments Llc

Lender

Prosperity Bank

Book Number

2018.25

Recording Date

12/27/2017

Transaction Details

Cmerek Investments Llc borrowed the property from Prosperity Bank through a transaction on 12/27/2017 for $175,000.

9/8/2015

Sale$131,451

Borrower

Austin Performance Volleyball Inc

Lender

Ecr Properties Llc

Book Number

2015.15028606

Recording Date

9/8/2015

Transaction Details

Austin Performance Volleyball Inc borrowed the property from Ecr Properties Llc through a transaction on 9/8/2015 for $131,451.

Property constructed in 2019

Loading Mortgage History...

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	$521,420	$1,090,117	$1,611,537	$1,611,537	Three Wishes Propert...	2801 Live Oak St Un...	Frog Pond The, Lot 4...	C-Ds-Off	S3114	83,461	5,940
2025	$521,420	$714,992	$1,236,412	$1,236,412	Three Wishes Propert...	8133 Mesa Dr Ste 100...	Frog Pond The, Lot 4...	C-DS-OFF	The Frog Pond	83,461	4,800
2024	$521,420	$1,578,580	$2,100,000	$2,100,000	Three Wishes Propert...	8133 Mesa Dr Ste 100...	Frog Pond The, Lot 4...	C-DS-OFF	S3114	83,461	4,800
2023	$521,420	$1,799,060	$2,320,480	$2,320,480	Three Wishes Propert...	8133 Mesa Dr Ste 10...	Frog Pond The, Lot 4...	C-DS-OFF	S3114	83,461	5,940
2022	$842,340	$1,868,987	$2,320,480	$2,711,327	Three Wishes Propert...	8133 Mesa Dr, Ste 10...	Frog Pond The, Lot 4...	C-US290E	S3114	83,461	4,800
2021	$401,110	$775,970	$1,177,080	$1,177,080	Cmerek Investments L...	1020 Foothills Dr, D...	Frog Pond The, Lot 4...	C-US290E	S3114	83,461	4,800
2020	$278,550	$307,750	$586,300	$586,300	Cmerek Investments L...	1020 Foothills Dr, D...	Frog Pond The, Lot 4...	C-US290E	S3114	83,461	4,800
2019	$241,410	-	$241,410	$241,410	Cmerek Investments L...	1020 Foothills Dr, D...	Frog Pond The, Lot 4...	C-US290E	S3114	83,461	-
2018	$244,300	-	$244,300	$244,300	Cmerek Investments L...	1020 Foothills Dr, D...	Frog Pond The, Lot 4...	C-US290E	S3114	84,461	-
2017	$125,160	-	$125,160	$125,160	Austin Performance V...	150 Victoria Ct, Aus...	Frog Pond The, Lot 4...	C-US290E	THE FROG POND	84,461	-

Showentries

Showing 1 to 10 of 18 entries

Loading Assessment History...

Rent & Occupancy

Loading Rent & Occupancy...

Comparables

Loading Comparables...

Nearby Lenders

Showentries

Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	231 Frog Pond Ln, Dripping Springs, TX 78620	—	-	83,461	2019	5,940	$ 1,611,537	$ 521,420	-
Roscoe Bank	2526 W Sh 71 Unit1, Cedar Creek, TX 78612	08/13/2025	$ 89,000	66,603	2004	14,384	$ 1,230,777	$ 489,939	Knagy Properties Llc
First United Bank & Trust Co	15431 Fitzhugh Rd, Dripping Springs, TX 78620	08/06/2025	$ 407,600	206,431	1992	1,744	$ 1,845,490	$ 1,845,490	Ashman Property 1 Llc
Encore Bank	15431 Fitzhugh Rd, Dripping Springs, TX 78620	08/01/2025	$ 351,587	206,431	1992	1,744	$ 1,845,490	$ 1,845,490	Mmxiv Llc
Symetra Life Insurance Co	1820 Watson Ln E, New Braunfels, TX 78130	07/21/2025	$ 10,250,000	435,687	2011	28,256	$ 4,413,252	$ 465,170	Osi 124 Industrial Dr Llc
Cadence Bank Na	1104 Westview Dr, Gatesville, TX 76528	07/17/2025	$ 272,800	8,625	1975	2,376	$ 19,020	$ 9,750	Hareem Business Llc
Extraco Banks Na	4723 E Hwy 84, Gatesville, TX 76528	05/29/2025	$ 161,250	43,996	1970	4,380	$ 147,650	$ 90,190	Texas Commercial Refrigeration Llc
Crosscountry Mortgage Llc	491 N Krueger Ave, New Braunfels, TX 78130	04/11/2025	$ 248,289	43,473	1990	11,560	$ 743,820	$ 196,060
First Natl Bankcentral Texas	250 S Fm 116, Gatesville, TX 76528	04/07/2025	$ 64,042	87,120	1984	4,900	$ 91,250	$ 43,560
The First National Bank Of Eva	278 N Hwy 281, Evant, TX 76525	03/31/2025	$ 314,500	42,035	1960	6,368	$ 239,080	$ 25,220	278 Ebc Llc
Citibank Na	3023 W Us 290, Dripping Springs, TX 78620	02/24/2025	$ 8,901,000	1,603,226	1987	18,450	$ 3,134,100	$ 1,457,010	Store Master Funding Xxxvii Llc

Mean$ 1,431,867

Median$ 365,000.0

Loan Amount Range$ 64,042 - $ 10,250,000

Showing 1 to 10 of 26 entries

Loading Lenders...

Tenant Details

Showentries

Search:

Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
231 FROG POND LN, DRIPPING SPRINGS, TX 78620-4915	HILL TOP EVENTS	7372600008	NONCLASSIFIED ESTABLISHMENTS

Showing 1 to 1 of 1 entries

Tenant Industry Distribution

Loading Tenants...

License Details

License Number

32059452832

Receipts

Issued By

Mixed Beverage

State Authority

Issue Date

8/5/2021

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	RUMINATE DISTILLING, LLC
	Address Line	231 frog pond ln
	City / State / Zip	dripping spgs 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

8/5/2021

Currently Active

Status: -

Renewal Required

Loading License Details...