4620 W Us 290, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 1998Total Assessed Value $1,612,537County Hays

Property Details

The Commercial property 4620 W Us 290, Dripping Springs, TX 78620 is located in Hays County. The specific property type is Commercial Improved Land. The total assessed value of this property is $1,612,537.

The gross building area is 11,894 square feet and the land area is 123,710 square feet for this Commercial Improved Land built in 1998.

Legal description: Ladera, Lot 3A, Acres 2.84

$2,268,915

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 Area11,894

Land Size123,710

Land Value$1,175,250

Improved Value$1,093,665

Total Assessed Value$1,612,537

Year Built1998

County NameHays

Account NumberR141048

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Garage TypeYes

Sales History

12/19/2019

Arms-lengthNot Disclosed

Buyer

Eagle Bay Holdings Llc

Seller

Pgm Of Texas Llc

Book Number

2020.54239

Recording Date

12/19/2019

Transaction Details

Eagle Bay Holdings Llc acquired the property from Pgm Of Texas Llc through a Arms-length transaction on 12/19/2019 for .

7/10/2012

Arms-lengthNot Disclosed

Buyer

Pgm Of Texas Llc

Seller

Wells Fargo Bank National Association

Book Number

2012-12018761

Recording Date

7/10/2012

Transaction Details

Pgm Of Texas Llc acquired the property from Wells Fargo Bank National Association through a Arms-length transaction on 7/10/2012 for .

9/6/2011

ForeclosureNot Disclosed

Buyer

Wells Fargo Bank

Seller

Griffith Partners Ltd

Book Number

2011.11022564

Recording Date

9/6/2011

Transaction Details

Wells Fargo Bank acquired the property from Griffith Partners Ltd through a Foreclosure transaction on 9/6/2011 for .

3/7/2006

Arms-length$515,600

Buyer

Griffith Partners Ltd

Seller

Davis Eric Scott

Book Number

2006.6641

Recording Date

3/7/2006

Transaction Details

Griffith Partners Ltd acquired the property from Davis Eric Scott through a Arms-length transaction on 3/7/2006 for $515,600.

Property constructed in 1998

YSale Price (USD) byXSales Year

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Mortgage History

12/12/2018

Helocs both purchase money and non purchase money helocs$1,550,000

Borrower

Pgm Of Texas Llc

Lender

Whitney Bank

Book Number

2018.43904

Recording Date

12/12/2018

Transaction Details

Pgm Of Texas Llc borrowed the property from Whitney Bank through a Helocs both purchase money and non purchase money helocs transaction on 12/12/2018 for $1,550,000.

3/13/2007

Arms length residential transactions purchase or resales$435,000

Borrower

Griffith Partners Ltd

Lender

Wells Fargo Bank

Book Number

2007.70010377

Recording Date

3/13/2007

Transaction Details

Griffith Partners Ltd borrowed the property from Wells Fargo Bank through a Arms length residential transactions purchase or resales transaction on 3/13/2007 for $435,000.

3/7/2006

Helocs both purchase money and non purchase money helocs$412,500

Borrower

Griffith Partners Ltd

Lender

First State Bank Central Texas

Book Number

2006.6642

Recording Date

3/7/2006

Transaction Details

Griffith Partners Ltd borrowed the property from First State Bank Central Texas through a Helocs both purchase money and non purchase money helocs transaction on 3/7/2006 for $412,500.

Property constructed in 1998

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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	$1,175,250	$1,093,665	$1,612,537	$2,268,915	Adb Investments	4620 W Highway 290, ...	Ladera, Lot 3A, Acre...	C-Ds-Ind	S4696	123,710	11,894
2025	$1,175,250	$168,531	$1,343,781	$1,343,781	Adb Investments	4620 W Highway 290, ...	Ladera, Lot 3A, Acre...	C-DS-IND	S4696	123,710	11,894
2024	$1,175,250	$168,616	$1,343,866	$1,343,866	Adb Investments	4620 W Highway 290, ...	Ladera, Lot 3A, Acre...	C-US290W	S4696	123,710	11,894
2023	$1,175,250	$464,571	$1,639,821	$1,639,821	Adb Tx Investments L...	4602 Flameleaf Sumac...	Ladera, Lot 3A, Acre...	C-US290W	S4696	123,710	11,894
2022	$994,630	$569,240	$1,563,870	$1,563,870	Adb Tx Investments L...	4602 Flameleaf Sumac...	Ladera, Lot 3A, Acre...	C-US290W	S4696	123,710	11,894
2021	$994,630	$569,240	$1,563,870	$1,563,870	Adb Tx Investments L...	101 Colorado St, Apt...	Ladera, Lot 3A, Acre...	C-US290W	S4696	123,710	11,894
2020	$99,460	$650,520	$749,980	$749,980	Eagle Bay Holdings L...	2709 Smmit Ridge Dr,...	Ladera, Lot 3A, Acre...	C-US290W	S4696	123,710	11,894
2019	$99,460	$650,520	$749,980	$749,980	Pgm Of Texas Llc	Po Box 1198, San Mar...	Ladera, Lot 3A, Acre...	C-US290W	S4696	123,710	11,894
2018	$99,460	$650,520	$749,980	$749,980	Pgm Of Texas Llc	Po Box 1198, San Mar...	Ladera, Lot 3A, Acre...	C-US290W	S4696	123,710	11,894
2017	$99,460	$650,520	$749,980	$749,980	Pgm Of Texas Llc	Po Box 1799, Drippin...	Ladera, Lot 3A, Acre...	C-US290W	LADERA	123,710	11,894

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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 ↕
—	4620 W Us 290, Dripping Springs, TX 78620	—	-	123,710	1998	11,894	$ 1,612,537	$ 1,175,250	-
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
Johnson City Bank	4500 W Us 290, Dripping Springs, TX 78620	07/25/2025	$ 400,000	653,400	2000	5,508	$ 373,070	$ 1,420,240
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
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
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$ 11,764,098

Median$ 1,005,750.0

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

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32055507670

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

1/11/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	PLATINUM MOTORSPORTS LLC
	Address Line	4620 w highway 290
	City / State / Zip	dripping spgs TX 78620
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	78620
Registration Details	SOS Code

License Timeline

License Issued

1/11/2023

Currently Active

Status: -

Renewal Required

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