1400 Aquarena Springs Dr, San Marcos, TX 78666 – Commercial Improved Land

CommercialYear Built 1996Total Assessed Value $1,345,970County Hays

Property Details

The Commercial property 1400 Aquarena Springs Dr, 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 $1,345,970.

The gross building area is 8,939 square feet and the land area is 68,825 square feet for this Commercial Improved Land built in 1996.

Legal description: Mamacitas Sub Lot 1 1.58 Ac (68,825 Sf)

$1,345,970

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 Area8,939

Land Size68,825

Land Value$881,140

Improved Value$464,830

Total Assessed Value$1,345,970

Year Built1996

County NameHays

Account NumberR62754

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Type ConstructionOther

Garage TypeParking structure 110

Exterior WallsSiding alum or vinyl

Sales History

5/1/2024

Arms-length$4,497,438

Buyer

Ma Investments

Seller

Bramerson Re Llc

Book Number

2024.16508

Recording Date

5/1/2024

Transaction Details

Ma Investments acquired the property from Bramerson Re Llc through a Arms-length transaction on 5/1/2024 for $4,497,438.

5/24/2021

Arms-length$3,187,500

Buyer

Bramerson Re Llc

Seller

Mamacitas

Book Number

2021.28477

Recording Date

5/24/2021

Transaction Details

Bramerson Re Llc acquired the property from Mamacitas through a Arms-length transaction on 5/24/2021 for $3,187,500.

Property constructed in 1996

YSale Price (USD) byXSales Year

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Mortgage History

5/24/2021

Helocs both purchase money and non purchase money helocs$2,550,000

Borrower

Bramerson Re Llc

Lender

Stearns Bank

Book Number

2021.28478

Recording Date

5/24/2021

Transaction Details

Bramerson Re Llc borrowed the property from Stearns Bank through a Helocs both purchase money and non purchase money helocs transaction on 5/24/2021 for $2,550,000.

6/22/2009

Helocs both purchase money and non purchase money helocs$1,400,000

Borrower

Mamacitas

Lender

Wells Fargo Bank

Book Number

2009.90016868

Recording Date

6/22/2009

Transaction Details

Mamacitas borrowed the property from Wells Fargo Bank through a Helocs both purchase money and non purchase money helocs transaction on 6/22/2009 for $1,400,000.

2/15/2006

Arms length residential transactions purchase or resales$10,088,824

Borrower

Mamacitas

Lender

Wells Fargo Bank

Book Number

2006.4489

Recording Date

2/15/2006

Transaction Details

Mamacitas borrowed the property from Wells Fargo Bank through a Arms length residential transactions purchase or resales transaction on 2/15/2006 for $10,088,824.

Property constructed in 1996

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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	$881,140	$464,830	$1,345,970	$1,345,970	Ma Investments Llc	13636 Breton Ridge S...	Mamacitas Sub Lot 1 ...	C-Sm-Aqua	S5103	68,825	8,939
2025	$831,270	$464,830	$1,296,100	$1,296,100	Ma Investments Llc	13636 Breton Ridge S...	Mamacitas Sub Lot 1 ...	C-SM-AQUA	S5103	68,825	8,939
2024	$831,270	$1,069,380	$1,900,650	$1,900,650	Ma Investments Llc	13636 Breton Ridge S...	Mamacitas Sub Lot 1 ...	C-SM-AQUA	S5103	68,825	8,939
2023	$831,270	$1,069,380	$1,900,650	$1,900,650	Bramerson Re Llc	25915 Kalksteine Loo...	Mamacitas Sub Lot 1 ...	C-SM-AQUA	S5103	68,825	8,939
2022	$704,080	$1,069,380	$1,773,460	$1,773,460	Bramerson Re Llc	25915 Kalksteine Loo...	Mamacitas Sub Lot 1 ...	C-SM-AQUA	S5103	68,825	8,939
2021	$704,080	$1,069,380	$1,773,460	$1,773,460	Bramerson Re Llc	25915 Kalksteine Loo...	Mamacitas Sub Lot 1 ...	C-SM-AQUA	S5103	68,825	8,939
2020	$704,080	$1,069,380	$1,773,460	$1,773,460	Mamacitas	215 Junction Hwy, Ke...	Mamacitas Sub Lot 1 ...	C-SM-AQUA	S5103	68,825	8,939
2019	$640,070	$972,160	$1,612,230	$1,612,230	Mamacitas	215 Junction Hwy, Ke...	Mamacitas Sub Lot 1 ...	C-SM-AQUA	S5103	68,825	8,939
2018	$640,070	$972,160	$1,612,230	$1,612,230	Mamacitas	215 Junction Hwy, Ke...	Mamacitas Sub Lot 1 ...	350	S5103	68,825	8,939
2017	$412,950	$815,650	$1,228,600	$1,228,600	Mamacitas	215 Junction Hwy, Ke...	Mamacitas Sub Lot 1 ...	350	S5103 - MAMACITAS SU...	68,825	8,939

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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 ↕
—	1400 Aquarena Springs Dr, San Marcos, TX 78666	—	-	68,825	1996	8,939	$ 1,345,970	$ 881,140	-
Resflo Llc	161 Weldon Johnston Way, Kyle, TX 78640	09/26/2025	$ 700,000	49,658	0	-	$ 124,590	$ 124,590	-
Pioneer Finance Inc	5898 Camino Real, Kyle, TX 78640	09/10/2025	$ 7,300,000	256,830	2020	10,452	$ 2,720,100	$ 456,490	5898 Camino Real Business Llc
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
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
Nfm Inc	Fm 150, Kyle, TX 78640	05/22/2025	$ 367,205	39,901	2022	1,640	$ 476,760	$ 244,220	-
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
Sage Capital Bank	340 E Fm 150, Kyle, TX 78640	03/20/2025	$ 1,027,840	179,206	2024	24,456	$ 2,030,540	$ 596,490

Mean$ 3,986,577

Median$ 1,188,295.0

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

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

MB254741

LIQUOR

Issued By

LIQUOR

State Authority

Issue Date

4/20/2019

Original Issuance

Expire Date

4/19/2021

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	MAMACITA'S RESTAURANT AND CANT
	Address Line	215 junction hwy
	City / State / Zip	kerrville TX 78028
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	78028
Registration Details	SOS Code

License Timeline

License Issued

4/20/2019

Currently Active

Status: -

Renewal Required

4/19/2021

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