141 E Mercer, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built 1999Total Assessed Value $1,809,928County Hays

Property Details

The Commercial property 141 E Mercer, 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 $1,809,928.

The gross building area is 6,941 square feet and the land area is 41,382 square feet for this Commercial Improved Land built in 1999.

Legal description: The Commons At Dripping Springs, Lot 3, Acres 0.95

$1,809,928

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 Area6,941

Land Size41,382

Land Value$357,170

Improved Value$1,452,758

Total Assessed Value$1,809,928

Year Built1999

County NameHays

Account NumberR116157

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof CoverWood shake or shingles

Roof TypeGable

Type ConstructionOther

Garage TypeNone 0

Exterior WallsConcrete

Sales History

11/4/2015

Arms-lengthNot Disclosed

Buyer

Carter Homestead Llc

Seller

Carter, H C

Book Number

16008040

Recording Date

11/4/2015

Transaction Details

Carter Homestead Llc acquired the property from Carter, H C through a Arms-length transaction on 11/4/2015 for .

11/4/2015

Arms-lengthNot Disclosed

Buyer

Carter Homestead Llc

Seller

Carter H C

Book Number

2015.16008040

Recording Date

11/4/2015

Transaction Details

Carter Homestead Llc acquired the property from Carter H C through a Arms-length transaction on 11/4/2015 for .

Property constructed in 1999

YSale Price (USD) byXSales Year

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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	$357,170	$1,452,758	$1,809,928	$1,809,928	Carter Core Fund I L...	Po Box 12021, Austin...	The Commons At Dripp...	C-Ds-Off	S1970	41,382	6,941
2025	$357,170	$1,475,985	$1,833,155	$1,833,155	Carter Core Fund I L...	Po Box 12021, Austin...	The Commons At Dripp...	C-DS-OFF	S1970	41,382	6,241
2024	$357,170	$1,309,263	$1,666,433	$1,666,433	Carter Core Fund I L...	Po Box 12021, Austin...	The Commons At Dripp...	C-DS-OFF	S1970	41,382	6,241
2023	$357,170	$1,278,076	$1,635,246	$1,635,246	Carter Core Fund I L...	Po Box 12021, Austin...	The Commons At Dripp...	C-DS-OFF	S1970	41,382	6,941
2022	$302,790	$965,467	$1,268,257	$1,268,257	Carter Core Fund I L...	Po Box 12021, Austin...	The Commons At Dripp...	C-DS-OFF	S1970	41,382	6,241
2021	$302,790	$761,973	$1,064,763	$1,064,763	Carter Core Fund I L...	Po Box 12021, Austin...	The Commons At Dripp...	C-DS-OFF	S1970	41,382	6,241
2020	$302,790	$963,290	$1,266,080	$1,266,080	Carter Core Fund I L...	Po Box 12021, Austin...	The Commons At Dripp...	C-DS-OFF	S1970	41,382	6,241
2019	$327,020	$470,520	$797,540	$797,540	Carter Core Fund I L...	P.o. Box 12021, Aust...	The Commons At Dripp...	C-DS-290E	S1970	41,382	6,241
2018	$302,790	$439,730	$742,520	$742,520	Carter Core Fund I L...	P.o. Box 12021, Aust...	The Commons At Dripp...	C-DS-290E	S1970	41,382	6,241
2017	$269,150	$410,380	$679,530	$679,530	Carter Homestead Llc	P O Box 249, Drippin...	The Commons At Dripp...	C-DS-290E	THE COMMONS AT DRIPP...	41,382	6,941

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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 ↕
—	141 E Mercer, Dripping Springs, TX 78620	—	-	41,382	1999	6,941	$ 1,809,928	$ 357,170	-
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$ 11,805,887

Median$ 1,078,250.0

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

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
141 E MERCER ST STE B, DRIPPING SPRINGS, TX 78620-4188	RETAIL INVENTORY SVC INC	5123286558	ACCOUNTING & BOOKKEEPING GENERAL SVC
141 E MERCER ST, DRIPPING SPRINGS, TX 78620-4385	SJW TX DEER CREEK SYSTEM	5127109405	UTILITIES
141 E MERCER ST STE C, DRIPPING SPRINGS, TX 78620-4188	MARK WINE SCHOOL	5128294999	SCHOOLS
141 E MERCER ST STE C, DRIPPING SPRINGS, TX 78620-4188	WATT LAW FIRM	5123069695	ASSOCIATIONS

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License Details

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