101 Farrell Rd, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 2002Total Assessed Value $1,592,139County Hays

Property Details

The Commercial property 101 Farrell Rd, 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 $1,592,139.

The gross building area is 9,228 square feet and the land area is 199,984 square feet for this Commercial Improved Land built in 2002.

Legal description: Bright Land Sub Lot 2 4.591 Ac

$1,592,139

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 Area9,228

Land Size199,984

Land Value$527,760

Improved Value$1,064,379

Total Assessed Value$1,592,139

Year Built2002

County NameHays

Account NumberR22025

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

No of Stories1

Garage TypeParking structure 0

Sales History

7/17/2025

Arms-length$798,000

Buyer

101 Farrell Partners Llc

Seller

Miller And Bangs Custom Designs Inc

Book Number

2025.26374

Recording Date

7/17/2025

Transaction Details

101 Farrell Partners Llc acquired the property from Miller And Bangs Custom Designs Inc through a Arms-length transaction on 7/17/2025 for $798,000.

10/1/2024

Foreclosure$1,464,682

Buyer

Miller And Bangs Custom Designs Inc

Seller

Sessums Mark T

Book Number

2024.38231

Recording Date

10/1/2024

Transaction Details

Miller And Bangs Custom Designs Inc acquired the property from Sessums Mark T through a Foreclosure transaction on 10/1/2024 for $1,464,682.

8/9/2022

Arms-length$172,900

Buyer

Farrell Lane Commercial Park Llc

Seller

Miller And Bangs Custom Designs Inc

Book Number

2022.38506

Recording Date

8/9/2022

Transaction Details

Farrell Lane Commercial Park Llc acquired the property from Miller And Bangs Custom Designs Inc through a Arms-length transaction on 8/9/2022 for $172,900.

6/30/2014

Arms-lengthNot Disclosed

Buyer

Miller And Bangs Custom Designs Inc

Seller

Bangs Ricky N

Book Number

201414019049

Recording Date

6/30/2014

Transaction Details

Miller And Bangs Custom Designs Inc acquired the property from Bangs Ricky N through a Arms-length transaction on 6/30/2014 for .

9/17/2002

Arms-lengthNot Disclosed

Buyer

Miller And Bangs Custom Design Inc

Seller

Miller And Bangs Custom Design

Book Number

200202027316

Recording Date

9/17/2002

Transaction Details

Miller And Bangs Custom Design Inc acquired the property from Miller And Bangs Custom Design through a Arms-length transaction on 9/17/2002 for .

Property constructed in 2002

YSale Price (USD) byXSales Year

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Mortgage History

8/9/2022

New construction residential transactions$326,500

Borrower

Farrell Lane Commercial Park Llc

Lender

Miller And Bangscustom Designs, Inc

Book Number

202222038507

Recording Date

8/9/2022

Transaction Details

Farrell Lane Commercial Park Llc borrowed the property from Miller And Bangscustom Designs, Inc through a New construction residential transactions transaction on 8/9/2022 for $326,500.

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	$527,760	$1,064,379	$1,592,139	$1,592,139	101 Farrell Partners...	170 Bunker Ranch Blv...	Bright Land Sub Lot ...	C-Ds-Ind	S0815	199,984	9,228
2025	$527,760	$816,708	$1,344,468	$1,344,468	Miller & Bangs Custo...	101 Farrell Rd, Drip...	Bright Land Sub Lot ...	C-DS-IND	S0815	199,984	9,228
2024	$591,090	$319,710	$910,800	$910,800	Farrell Lane Commerc...	323 Drury Ln, Austin...	Bright Land Sub Lot ...	C-DS-290W	S0815	199,984	9,228
2023	$472,710	$319,710	$792,420	$792,420	Farrell Lane Commerc...	323 Drury Ln, Austin...	Bright Land Sub Lot ...	C-DS-290W	S0815	199,984	9,228
2022	$250,080	$319,710	$569,790	$569,790	Miller & Bangs Custo...	101 Farrell Rd, Drip...	Bright Land Sub Lot ...	C-DS-290W	S0815	199,984	9,228
2021	$250,080	$319,710	$569,790	$569,790	Farrell Lane Commerc...	101 Farrell Rd, Drip...	BRIGHT LAND SUB LOT ...	29	BRIGHT LAND SUBD	199,984	7,500
2020	$250,080	$319,710	$569,790	$569,790	Miller & Bangs Custo...	101 Farrell Rd, Drip...	Bright Land Sub Lot ...	C-DS-290W	S0815	199,984	9,228
2019	$285,800	$254,200	$540,000	$540,000	Miller & Bangs Custo...	101 Farrell Rd, Drip...	Bright Land Sub Lot ...	C-DS-290W	S0815	199,984	9,228
2018	$182,960	$280,700	$463,660	$463,660	Miller & Bangs Custo...	101 Farrell Rd, Drip...	Bright Land Sub Lot ...	C-DS-290W	S0815	199,984	9,228
2017	$175,950	$269,950	$445,900	$445,900	Miller & Bangs Custo...	101 Farrell Rd, Drip...	Bright Land Sub Lot ...	C-DS-290W	BRIGHT LAND SUBD	199,984	9,228

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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 ↕
—	101 Farrell Rd, Dripping Springs, TX 78620	—	-	199,984	2002	9,228	$ 1,592,139	$ 527,760	-
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
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
Lone Star Capital Bank Na	13575 Fitzhugh Rd Ste300, Austin, TX 78736	03/31/2025	$ 50,000	87,120	2021	16,880	$ 1,460,352	$ 1,089,870	Dag Acres Llc

Mean$ 11,899,483

Median$ 1,078,250.0

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

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