321 S Lbj Dr, San Marcos, TX 78666 – Commercial Improved Land

CommercialYear Built 1988Total Assessed Value $282,060County Hays

Property Details

The Commercial property 321 S Lbj Dr, 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 $282,060.

The gross building area is 2,962 square feet and the land area is 13,295 square feet for this Commercial Improved Land built in 1988.

Legal description: D P Hopkins Ii Lot 11A Blk 1 0.3052 Ac

$282,060

Market Value

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Cap Rate

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NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area2,962

Land Size13,295

Land Value$92,250

Improved Value$189,810

Total Assessed Value$282,060

Year Built1988

County NameHays

Account NumberR32215

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof TypeFlat

Type ConstructionOther

No of Stories2

Garage TypeParking structure 0

Exterior WallsWood siding

Sales History

11/25/2025

Arms-lengthNot Disclosed

Buyer

City Of San Marcos

Seller

Welch Kermit N

Book Number

2025.43869

Recording Date

11/25/2025

Transaction Details

City Of San Marcos acquired the property from Welch Kermit N through a Arms-length transaction on 11/25/2025 for .

Property constructed in 1988

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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	$92,250	$189,810	$282,060	$282,060	Welch, Kermit	2916 Shadow Dr W, Ar...	D P Hopkins Ii Lot 1...	C-Sm-T52	S4215	13,295	2,962
2025	$126,630	$189,810	$316,440	$316,440	Welch, Kermit	2916 Shadow Dr W, Ar...	D P Hopkins Ii Lot 1...	C-SM-T52	D P Hopkins	18,251	2,962
2024	$126,630	$189,810	$316,440	$316,440	Welch, Kermit	2916 Shadow Dr W, Ar...	D P Hopkins Ii Lot 1...	C-SM-T52	S4215	18,251	2,962
2023	$126,630	$189,810	$316,440	$316,440	Welch, Kermit	2916 Shadow Dr W, Ar...	D P Hopkins Ii Lot 1...	C-SM-T52	S4215	18,251	2,962
2022	$107,360	$189,810	$297,170	$297,170	Welch, Kermit	321 S Lbj Dr, San Ma...	D P Hopkins Ii Lot 1...	C-SM-T52	S4215	18,252	2,962
2021	$107,360	$189,810	$297,170	$297,170	Welch, Kermit	321 S Lbj Dr, San Ma...	D P Hopkins Ii Lot 1...	C-SM-T52	S4215	18,252	2,962
2020	$107,360	$189,810	$297,170	$297,170	Welch, Kermit	321 S Lbj Dr, San Ma...	D P Hopkins Ii Lot 1...	C-SM-T52	S4215	18,252	2,962
2019	$100,080	$176,940	$277,020	$277,020	Welch, Kermit	321 S Lbj Dr, San Ma...	D P Hopkins Ii Lot 1...	C-SM-T52	S4215	18,252	2,962
2018	$90,980	$160,850	$251,830	$251,830	Welch, Kermit	321 S Lbj Dr, San Ma...	D P Hopkins Ii Lot 1...	C-SM-T52	S4215	18,251	2,962
2017	$90,980	$160,850	$251,830	$251,830	Welch, Kermit	321 S Lbj Dr, San Ma...	D P Hopkins Ii Lot 1...	C-SM-T52	D P HOPKINS II	18,251	2,962

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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 ↕
—	321 S Lbj Dr, San Marcos, TX 78666	—	-	13,295	1988	2,962	$ 282,060	$ 92,250	-
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 ↕
321 S LBJ DR, SAN MARCOS, TX 78666-6319	WELCH, KERMIT N DDS	5123968000	DENTISTS

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License Details

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