2440 S Ih 35, San Marcos, TX 78666 – Commercial Improved Land

CommercialYear Built 1997Total Assessed Value $3,147,680County Hays

Property Details

The Commercial property 2440 S Ih 35, 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 $3,147,680.

The gross building area is 64,575 square feet and the land area is 137,650 square feet for this Commercial Improved Land built in 1997.

Legal description: Thermon Ind Park #2 Unit #1 Lot 1 Blk 1 3.16 Ac 137,650 Sq Ft

$3,147,680

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 Area64,575

Land Size137,650

Land Value$772,670

Improved Value$2,375,010

Total Assessed Value$3,147,680

Year Built1997

County NameHays

Account NumberR45648

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Parking Space6

HeatingNone

Roof CoverWood shake or shingles

Roof TypeFlat

Type ConstructionOther

Garage TypeCarport 0

Exterior WallsConcrete

Sales History

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Mortgage History

11/22/2024

Arms length residential transactions purchase or resales$670,000

Borrower

Ncfo Building I Ltd

Lender

Schertz Bank & Trust

Book Number

2024.45555

Recording Date

11/22/2024

Transaction Details

Ncfo Building I Ltd borrowed the property from Schertz Bank & Trust through a Arms length residential transactions purchase or resales transaction on 11/22/2024 for $670,000.

10/7/2016

Helocs both purchase money and non purchase money helocs$6,150,000

Borrower

Ncfo Building Ltd

Lender

Southstar Bank Ssb

Book Number

2016.34465

Recording Date

10/7/2016

Transaction Details

Ncfo Building Ltd borrowed the property from Southstar Bank Ssb through a Helocs both purchase money and non purchase money helocs transaction on 10/7/2016 for $6,150,000.

11/3/2010

Reo and trustee deeds$1,135,000

Borrower

Ncfo Building I Ltd

Lender

Frost National Bank

Book Number

2010.10031276

Recording Date

11/3/2010

Transaction Details

Ncfo Building I Ltd borrowed the property from Frost National Bank through a Reo and trustee deeds transaction on 11/3/2010 for $1,135,000.

8/27/2007

Arms length residential transactions purchase or resales$3,500,000

Borrower

Ncfo Building I Ltd

Lender

Frost National Bank

Book Number

2007.70025776

Recording Date

8/27/2007

Transaction Details

Ncfo Building I Ltd borrowed the property from Frost National Bank through a Arms length residential transactions purchase or resales transaction on 8/27/2007 for $3,500,000.

Property constructed in 1997

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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	$772,670	$2,375,010	$3,147,680	$3,147,680	Ncfo Building I Ltd	2440 S Ih 35, San Ma...	Thermon Ind Park #2 ...	C-Sm-35Sw	S8715	137,650	64,575
2025	$772,670	$2,375,010	$3,147,680	$3,147,680	Ncfo Building I Ltd	2440 S Ih 35, San Ma...	Thermon Ind Park #2 ...	C-SM-35SW	S8715	137,650	57,675
2024	$772,670	$2,375,010	$3,147,680	$3,147,680	Ncfo Building I Ltd	2440 S Ih 35, San Ma...	Thermon Ind Park #2 ...	C-SM-35SW	S8715	137,650	57,675
2023	$772,670	$2,375,010	$3,147,680	$3,147,680	Ncfo Building I Ltd	2440 S Ih 35, San Ma...	Thermon Ind Park #2 ...	C-SM-35SW	S8715	137,650	64,575
2022	$655,020	$2,375,010	$3,030,030	$3,030,030	Ncfo Building I Ltd	2440 S Ih-35, San Ma...	Thermon Ind Park #2 ...	C-SM-35SW	S8715	137,650	57,675
2021	$655,020	$2,375,010	$3,030,030	$3,030,030	Ncfo Building I Ltd	2440 S Ih-35, San Ma...	Thermon Ind Park #2 ...	C-SM-35SW	S8715	137,650	57,675
2020	$655,020	$2,264,020	$2,919,040	$2,919,040	Ncfo Building I Ltd	2440 S Ih-35, San Ma...	Thermon Ind Park #2 ...	C-SM-35SW	S8715	137,650	57,675
2019	$595,470	$2,264,020	$2,859,490	$2,859,490	Ncfo Building I Ltd	2440 S Ih-35, San Ma...	Thermon Ind Park #2 ...	C-SM-35SW	S8715	137,650	57,675
2018	$481,780	$2,219,400	$2,701,180	$2,701,180	Ncfo Building I Ltd	2440 S Ih-35, San Ma...	Thermon Ind Park #2 ...	406	S8715	137,650	57,675
2017	$481,780	$2,219,400	$2,701,180	$2,701,180	Ncfo Building I Ltd	2440 S Ih-35, San Ma...	Thermon Ind Park #2 ...	406	THERMON IND PARK #2 ...	137,650	57,675

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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 ↕
—	2440 S Ih 35, San Marcos, TX 78666	—	-	137,650	1997	64,575	$ 3,147,680	$ 772,670	-
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
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
Maverick Bank	4206 S Ih 35, San Marcos, TX 78666	12/27/2024	$ 2,295,000	43,560	2018	2,286	$ 1,495,270	$ 848,110
Wells Fargo Bank Na	24801 Logistics Dr, Kyle, TX 78640	12/16/2024	$ 357,776	4,217,087	2022	1,647,300	$ 76,200,000	$ 7,464,240	Mdh F3 Aus Kyle 35 Llc

Mean$ 4,121,316

Median$ 1,572,048.0

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

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License Details

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