12400 Hwy 290 West Ste400-460, Austin, TX 78737 – Commercial Improved Land

CommercialYear Built 2023Total Assessed Value $6,372,958County Hays

Property Details

The Commercial property 12400 Hwy 290 West Ste400-460, Austin, TX 78737 is located in Hays County. The specific property type is Commercial Improved Land. The total assessed value of this property is $6,372,958.

The gross building area is 15,000 square feet and the land area is 380,392 square feet for this Commercial Improved Land built in 2023.

Legal description: Ledgestone East Condominium, Unit 7, 20.70% Common Area Interest

$6,372,958

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 Area15,000

Land Size380,392

Land Value$1,014,830

Improved Value$5,358,128

Total Assessed Value$6,372,958

Year Built2023

County NameHays

Account NumberR198152

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Sales History

7/9/2024

Arms-lengthNot Disclosed

Buyer

Marlay Ledgestone Llc

Seller

Ledgestone East Unit 7 Lp

Book Number

2024.26439

Recording Date

7/9/2024

Transaction Details

Marlay Ledgestone Llc acquired the property from Ledgestone East Unit 7 Lp through a Arms-length transaction on 7/9/2024 for .

4/26/2024

Arms-lengthNot Disclosed

Buyer

Ledgestone East Unit 7 Lp

Seller

Ledgestone East Ltd

Book Number

2024.18074

Recording Date

4/26/2024

Transaction Details

Ledgestone East Unit 7 Lp acquired the property from Ledgestone East Ltd through a Arms-length transaction on 4/26/2024 for .

Property constructed in 2023

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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	$1,014,830	$5,358,128	$6,372,958	$6,372,958	Marlay Ledgestone Ll...	Po Box 719, Camarill...	Ledgestone East Cond...	C-Ds-Ret	C1045	380,392	15,000
2025	$1,014,830	$5,295,423	$6,310,253	$6,310,253	Marlay Ledgestone Ll...	Po Box 719, Camarill...	Ledgestone East Cond...	C-BELTERRA	C1045	380,392	15,000

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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 ↕
—	12400 Hwy 290 West Ste400-460, Austin, TX 78737	—	-	380,392	2023	15,000	$ 6,372,958	$ 1,014,830	-
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$ 12,254,200

Median$ 1,005,750.0

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

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License Details

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