700 N Lbj Dr Ste110-114, San Marcos, TX 78666 – Commercial Improved Land

CommercialYear Built 1998Total Assessed Value $7,736,429County Hays

Property Details

The Commercial property 700 N Lbj Dr Ste110-114, 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 $7,736,429.

The gross building area is 35,230 square feet and the land area is 131,812 square feet for this Commercial Improved Land built in 1998.

Legal description: The Centre At San Marcos, Lot 1, Acres 3.026

$7,736,429

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 Area35,230

Land Size131,812

Land Value$1,224,530

Improved Value$6,511,899

Total Assessed Value$7,736,429

Year Built1998

County NameHays

Account NumberR23498

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof TypeFlat

Type ConstructionOther

Garage TypeNone 0

Exterior WallsRock, stone

Sales History

11/6/2024

Arms-lengthNot Disclosed

Buyer

Next Door Apartmentssan Marcos Llc

Seller

Treehouse San Marcos Llc

Book Number

2024.43398

Recording Date

11/6/2024

Transaction Details

Next Door Apartmentssan Marcos Llc acquired the property from Treehouse San Marcos Llc through a Arms-length transaction on 11/6/2024 for .

Property constructed in 1998

YSale Price (USD) byXSales Year

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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	$1,224,530	$6,511,899	$7,736,429	$7,736,429	Hjorting Family Trus...	1006 San Roque Rd, S...	The Centre At San Ma...	C-Sm-Ret	S1380	131,812	35,230
2025	$1,224,530	$5,374,281	$6,598,811	$6,598,811	Hjorting Family Trus...	1006 San Roque Rd, S...	The Centre At San Ma...	C-SM-RET	S1380	131,812	35,230
2024	$1,224,530	$6,459,842	$7,684,372	$7,684,372	Hjorting Family Trus...	Hjorting Flemming Ma...	The Centre At San Ma...	C-SM-RET	S1380	131,812	35,230
2023	$1,224,530	$5,275,470	$6,500,000	$6,500,000	Hjorting Family Trus...	Hjorting Flemming M...	The Centre At San Ma...	C-SM-RET	S1380	131,812	35,230
2022	$1,037,360	$5,462,640	$6,500,000	$6,500,000	Hjorting Family Trus...	Hjorting Flemming & ...	The Centre At San Ma...	C-SM-RET	S1380	131,813	35,230
2021	$1,037,360	$5,362,640	$6,400,000	$6,400,000	Hjorting Family Trus...	1006 San Roque Rd, S...	The Centre At San Ma...	C-SM-RET	S1380	131,813	35,230
2020	$1,037,360	$6,294,346	$7,331,706	$7,331,706	Hjorting Family Trus...	Hjorting Flemming & ...	The Centre At San Ma...	C-SM-RET	S1380	131,813	35,230
2019	$1,037,360	$5,856,832	$6,894,192	$6,894,192	Hjorting Family Trus...	Hjorting Flemming & ...	The Centre At San Ma...	C-SM-RET	S1380	131,813	35,230
2018	$1,037,360	$3,325,860	$4,363,220	$4,363,220	Hjorting Family Trus...	Hjorting Flemming & ...	The Centre At San Ma...	C-SM-RET	S1380	131,812	35,230
2017	$684,370	$2,879,630	$3,564,000	$3,564,000	Hjorting Family Trus...	Hjorting Flemming & ...	The Centre At San Ma...	C-SM-RET	THE CENTRE AT SAN MA...	131,812	35,230

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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 ↕
—	700 N Lbj Dr Ste110-114, San Marcos, TX 78666	—	-	131,812	1998	35,230	$ 7,736,429	$ 1,224,530	-
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
Frost Bank	1702 Hunter Rd, San Marcos, TX 78666	02/20/2025	$ 100,000	16,553	2001	896	$ 199,020	$ 120,660

Mean$ 4,004,670

Median$ 1,423,510.0

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

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
700 N LBJ DR, SAN MARCOS, TX 78666-4692	FROZEN CAVE	5123924410	UNCLASSIFIED ESTABLISHMENTS
700 N LBJ DR, SAN MARCOS, TX 78666-4692	CASA CHOI	5123921717	RESTAURANTS
700 N LBJ DR STE 114, SAN MARCOS, TX 78666-4657	ROSE GARDEN CHINESE RESTAURANT	5128050880	FOODS-CARRY OUT
700 N LBJ DR STE 114, SAN MARCOS, TX 78666-4657	ROSE GARDEN CHINESE RESTAURANT	5128050880	RESTAURANTS
700 N LBJ DR STE 104, SAN MARCOS, TX 78666-4657	FROZEN CAVE	5123924410	YOGURT
700 N LBJ DR STE 104, SAN MARCOS, TX 78666-4657	SAN MARCOS WIC	5123938040	GOVERNMENT OFFICES-CITY, VILLAGE & TWP
700 N LBJ DR STE 103A, SAN MARCOS, TX 78666-4657	MOCHA'S JAVA'S	5123965282	COFFEE SHOPS
700 N LBJ DR STE 113, SAN MARCOS, TX 78666-4657	GOTTA HABIT	5126677886	CIGAR CIGARETTE & TOBACCO DEALERS-WHLS
700 N LBJ DR STE 114, SAN MARCOS, TX 78666-4657	TORO RAMEN POKE BARN	7372134092	RESTAURANTS
700 N LBJ DR STE 103, SAN MARCOS, TX 78666-4657	INGLE REALTY	5128057777	REAL ESTATE

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License Details

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