3509 Creek Rd, Dripping Springs, TX 78620 – Cabin

CommercialYear Built 2017Total Assessed Value $7,519,150County Hays

Property Details

The Commercial property 3509 Creek Rd, Dripping Springs, TX 78620 is located in Hays County. The specific property type is Cabin. The total assessed value of this property is $7,519,150.

The gross building area is 39,363 square feet and the land area is 965,290 square feet for this Cabin built in 2017.

Legal description: A0193 Joseph Gainer Survey, Acres 22.16

$7,519,150

Market Value

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Cap Rate

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Occupancy

Avg Rent

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Property Information

Property TypeCommercial

Sub Property TypeCabin

Building Area39,363

Land Size965,290

Land Value$1,853,530

Improved Value$5,665,620

Total Assessed Value$7,519,150

Year Built2017

County NameHays

Account NumberR14385

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Type ConstructionOther

Sales History

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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	$1,853,530	$5,665,620	$7,519,150	$7,519,150	Hancockhanks Investm...	P O Box 1676, Drippi...	A0193 Joseph Gainer ...	C-B-And-B	A0193	965,290	39,363
2025	$1,664,600	$9,835,400	$11,500,000	$11,500,000	Hancockhanks Investm...	P O Box 1676, Drippi...	A0193 Joseph Gainer ...	C-B-AND-B	A0193	965,290	17,242
2024	$915,550	$11,034,450	$11,950,000	$11,950,000	Hancockhanks Investm...	P O Box 1676, Drippi...	A0193 Joseph Gainer ...	C-B-AND-B	A0193	965,290	17,242
2023	$915,550	$5,801,060	$6,716,610	$6,716,610	Hancockhanks Investm...	P O Box 1676, Drippi...	A0193 Joseph Gainer ...	C-B-AND-B	A0193	965,290	37,464
2022	$775,890	$5,801,060	$6,576,950	$6,576,950	Hancock/hanks Invest...	P O Box 1676, Drippi...	A0193 Joseph Gainer ...	C-B-AND-B	A0193	965,290	17,242
2021	$431,050	$4,818,950	$5,250,000	$5,250,000	Hancock/hanks Invest...	P O Box 1676, Drippi...	A0193 Joseph Gainer ...	C-B-AND-B	A0193	965,290	17,242
2020	$366,390	$3,892,627	$4,259,017	$4,259,017	Hancock/hanks Invest...	P O Box 1676, Drippi...	A0193 Joseph Gainer ...	C-B-AND-B	A0193	965,290	14,426
2019	$302,030	$3,395,552	$3,697,582	$3,697,582	Hancock/hanks Invest...	P O Box 1676, Drippi...	A0193 Joseph Gainer ...	C-B-AND-B	A0193	965,290	7,667
2018	$244,380	$1,648,810	$1,893,190	$1,893,190	Hancock/hanks Invest...	P O Box 1676, Drippi...	A0193 Joseph Gainer ...	4ABS	A0193	965,290	7,667
2017	$244,180	$1,280,230	$1,524,410	$1,524,410	Hancock/hanks Invest...	P O Box 1676, Drippi...	A0193 Joseph Gainer ...	4ABS	JOSEPH GAINER SURVEY	965,290	9,135

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Rent & Occupancy

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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 ↕
—	3509 Creek Rd, Dripping Springs, TX 78620	—	-	965,290	2017	39,363	$ 7,519,150	$ 1,853,530	-
Crosscountry Mortgage Llc	561 Ranch Road, Fredericksburg, TX 78624	08/28/2025	$ 250,000	35,153	2018	2,215	$ 800,880	$ 103,580	Riversde Retreat Llc
Sage Capital Bank	3250 Wayside Dr, Wimberley, TX 78676	06/30/2025	$ 350,000	217,800	2007	1,960	$ 912,485	$ 696,940
Deephaven Mortgage Llc	406 Candlelight Cir, Fredericksburg, TX 78624	06/13/2025	$ 425,000	15,360	1985	2,082	$ 502,270	$ 208,740	Lab 1 Holdings406 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
Cardinal Finl Co Lp	406 E Centre St, Fredericksburg, TX 78624	05/23/2025	$ 489,600	14,137	1970	1,405	$ 671,980	$ 267,900
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
Tilson Home Corporation	1704 Cr 117, Nixon, TX 78140	05/17/2025	$ 570,578	962,676	2020	240	$ 13,820	$ 281,950
Usam Fund 3 Llc	5460 Fm 2325, Wimberley, TX 78676	05/05/2025	$ 425,000	435,644	2022	1,542	$ 892,650	$ 552,290	Notta 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
Loandepotcom Llc	314 W Hackberry St, Fredericksburg, TX 78624	04/26/2025	$ 356,072	13,504	1950	853	$ 417,590	$ 247,120

Mean$ 8,431,036

Median$ 474,800.0

Loan Amount Range$ 80,000 - $ 199,500,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
3509 CREEK RD, DRIPPING SPRINGS, TX 78620-4809	TILIE'S	5128942633	RESTAURANTS
3509 CREEK RD, DRIPPING SPRINGS, TX 78620-4809	CAMP LUCY	5128944400	CAMPS
3509 CREEK RD, DRIPPING SPRINGS, TX 78620-4809	CAMP LUCY LLC	5128944400	EVENT CENTERS

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License Details

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