251 Circle Dr, Wimberley, TX 78676 – Commercial Improved Land

CommercialYear Built 2002Total Assessed Value $1,671,340County Hays

Property Details

The Commercial property 251 Circle Dr, Wimberley, TX 78676 is located in Hays County. The specific property type is Commercial Improved Land. The total assessed value of this property is $1,671,340.

The gross building area is 10,526 square feet and the land area is 997,960 square feet for this Commercial Improved Land built in 2002.

Legal description: Burnett Ranch Sec 1 & 2, Lot Pt Of 5 & 15, Acres 22.91

$1,671,340

Market Value

N/A

Cap Rate

N/A

NOI

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Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area10,526

Land Size997,960

Land Value$551,390

Improved Value$1,119,950

Total Assessed Value$1,671,340

Year Built2002

County NameHays

Account NumberR22385

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Fireplace1

Parking Space2

HeatingCentral

Roof CoverWood shake or shingles

Roof TypeGable

Type ConstructionOther

No of Stories1

Garage TypeDetached garage 1200

Number of Units6

Exterior WallsConcrete

Sales History

9/27/2007

Arms-lengthNot Disclosed

Buyer

Elkinborgelt Llc

Seller

Elkin Sherry Lee

Book Number

2007.70028913

Recording Date

9/27/2007

Transaction Details

Elkinborgelt Llc acquired the property from Elkin Sherry Lee through a Arms-length transaction on 9/27/2007 for .

9/27/2007

Arms-lengthNot Disclosed

Buyer

Elkin Borgelt Llc

Seller

Elkin Sherry Lee

Book Number

2007.70028913

Recording Date

9/27/2007

Transaction Details

Elkin Borgelt Llc acquired the property from Elkin Sherry Lee through a Arms-length transaction on 9/27/2007 for .

9/27/2007

Arms-lengthNot Disclosed

Buyer

Elkinborgelt Llc

Seller

Elkin, Sherry Lee

Book Number

70028913

Recording Date

9/27/2007

Transaction Details

Elkinborgelt Llc acquired the property from Elkin, Sherry Lee through a Arms-length transaction on 9/27/2007 for .

Property constructed in 2002

YSale Price (USD) byXSales Year

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Mortgage History

11/1/2007

Arms length residential transactions purchase or resales$610,000

Borrower

Elkin Borgelt Llc

Lender

Prosperity Bank

Book Number

2007.70032286

Recording Date

11/1/2007

Transaction Details

Elkin Borgelt Llc borrowed the property from Prosperity Bank through a Arms length residential transactions purchase or resales transaction on 11/1/2007 for $610,000.

Property constructed in 2002

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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	$551,390	$1,119,950	$1,671,340	$1,671,340	Elkinborgelt Llc	251 Circle Dr	Burnett Ranch Sec 1 ...	8Abs	S0990	997,960	10,526
2025	$675,930	$1,119,950	$1,795,880	$1,795,880	Elkinborgelt Llc	251 Circle Dr, Wimbe...	Burnett Ranch Sec 1 ...	8ABS	Burnett Ranch Sec 1	997,960	10,526
2024	$675,930	$1,119,950	$1,795,880	$1,795,880	Elkinborgelt Llc	251 Circle Dr, Wimbe...	Burnett Ranch Sec 1 ...	8ABS	S0990	997,960	10,526
2023	$675,930	$1,119,950	$1,795,880	$1,795,880	Elkin-borgelt Llc	251 Circle Dr, Wimbe...	Burnett Ranch Sec 1 ...	8ABS	S0990	997,960	10,526
2022	$572,820	$1,175,510	$1,748,330	$1,748,330	Elkin-borgelt Llc	251 Circle Dr, Wimbe...	Burnett Ranch Sec 1 ...	BURN	S0990	997,960	10,526
2021	$434,390	$1,175,510	$1,609,900	$1,609,900	Elkin-borgelt Llc	251 Circle Dr, Wimbe...	Burnett Ranch Sec 1 ...	BURN	S0990	997,960	10,526
2020	$394,290	$1,175,510	$1,569,800	$1,569,800	Elkin-borgelt Llc	251 Circle Dr, Wimbe...	Burnett Ranch Sec 1 ...	BURN	S0990	997,960	10,526
2019	$334,150	$1,175,510	$1,509,660	$1,509,660	Elkin-borgelt Llc	251 Circle Dr, Wimbe...	Burnett Ranch Sec 1 ...	BURN	S0990	997,960	10,526
2018	$255,980	$1,175,510	$1,431,490	$1,431,490	Elkin-borgelt Llc	251 Circle Dr, Wimbe...	Burnett Ranch Sec 1 ...	BURN	S0990	997,960	10,526
2017	$175,720	$1,175,510	$1,351,230	$1,351,230	Elkin-borgelt Llc	251 Circle Dr, Wimbe...	Burnett Ranch Sec 1 ...	BURN	BURNETT RANCH SEC 1	997,960	10,526

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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 ↕
—	251 Circle Dr, Wimberley, TX 78676	—	-	997,960	2002	10,526	$ 1,671,340	$ 551,390	-
A Federal Credit Union	100 W Spoke Hill Dr, Wimberley, TX 78676	09/03/2025	$ 1,560,000	952,657	2010	8,997	$ 1,294,640	$ 1,999,690	Hill Country Medicos Llc
Cadence Bank Na	612 Melody Way, Wimberley, TX 78676	08/29/2025	$ 342,000	20,037	0	2,050	$ 142,188	$ 145,620	3c Drywall Llc
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
Cardinal Black Llc	455 Red Hawk Rd, Wimberley, TX 78676	06/30/2025	$ 435,000	332,145	1999	7,272	$ 925,450	$ 334,100	Unity Church Of Wimberley
Sage Capital Bank	3250 Wayside Dr, Wimberley, TX 78676	06/30/2025	$ 350,000	217,800	2007	1,960	$ 912,485	$ 696,940
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
Security State Bank & Trust	711 Ranch Road 32, Blanco, TX 78606	05/21/2025	$ 4,182,274	491,967	2019	34,200	$ 3,762,600	$ 520,100	Blanco Rv & Storage Llc
Independent Bank	101 Wimberley Sq, Wimberley, TX 78676	05/14/2025	$ 1,250,000	9,148	0	3,900	$ 556,350	-	-
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

Mean$ 1,268,651

Median$ 887,500.0

Loan Amount Range$ 100,000 - $ 8,580,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
251 CIRCLE DR, WIMBERLEY, TX 78676-9145	SERENITY FARMHOUSE INN	5128478985	BED & BREAKFAST ACCOMMODATIONS

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Tenant Industry Distribution

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License Details

License Number

9976KN

PLEASURE

Issued By

Boat SEA DOO- 29NT

State Authority

Issue Date

5/27/2022

Original Issuance

Expire Date

5/31/2024

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	BARNETT ALLGOOD
	Address Line	251 circle dr
	City / State / Zip	wimberley TX 78676
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	78676
Registration Details	SOS Code

License Timeline

License Issued

5/27/2022

Currently Active

Status: -

Renewal Required

5/31/2024

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