305 Mercer St, Dripping Springs, TX 78620 – Commercial Improved Land

CommercialYear Built N/ATotal Assessed Value $45,760County Hays

Property Details

The Commercial property 305 Mercer St, 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 $45,760.

The gross building area is 468 square feet and the land area is 1,250 square feet for this Commercial Improved Land built in N/A.

Legal description: Orig Town Of Dripping Springs Ne 1/4 Lt 4 Artistic Cuts Blk 7 9-2210-08-02 Geo#90403258

$45,760

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 Area468

Land Size1,250

Land Value$22,900

Improved Value$22,860

Total Assessed Value$45,760

Year BuiltN/A

County NameHays

Account NumberR26702

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 WallsRock, stone

Sales History

12/26/2012

Arms-lengthNot Disclosed

Buyer

Purcell Bobby Jo

Seller

Purcell Joy L

Book Number

2012-12037384

Recording Date

12/26/2012

Transaction Details

Purcell Bobby Jo acquired the property from Purcell Joy L through a Arms-length transaction on 12/26/2012 for .

12/26/2012

Arms-lengthNot Disclosed

Buyer

Purcell Spillar Family Partnership Ltd

Seller

Purcell Bobby Jo

Book Number

2012-12037437

Recording Date

12/26/2012

Transaction Details

Purcell Spillar Family Partnership Ltd acquired the property from Purcell Bobby Jo through a Arms-length transaction on 12/26/2012 for .

12/26/2012

Arms-lengthNot Disclosed

Buyer

Purcell Spillar Family Partnership Ltd

Seller

Purcell Joy L

Book Number

2012-12037436

Recording Date

12/26/2012

Transaction Details

Purcell Spillar Family Partnership Ltd acquired the property from Purcell Joy L through a Arms-length transaction on 12/26/2012 for .

Property constructed in 0

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	$22,900	$22,860	$45,760	$45,760	Purcell Spillar Fami...	339 Scenic Dr, Johns...	Orig Town Of Drippin...	C-Ds-Mercr	S2625	1,250	468
2025	$20,360	$22,860	$43,220	$43,220	Purcell Spillar Fami...	339 Scenic Dr, Johns...	Orig Town Of Drippin...	C-DS-MERCR	S2625	1,250	468
2024	$20,360	$22,860	$43,220	$43,220	Purcell Spillar Fami...	339 Scenic Dr, Johns...	Orig Town Of Drippin...	C-DS-MERCR	S2625	1,250	468
2023	$20,360	$22,860	$43,220	$43,220	Purcell Spillar Fami...	339 Scenic Dr, Johns...	Orig Town Of Drippin...	C-DS-MERCR	S2625	1,250	468
2022	$17,250	$22,860	$40,110	$40,110	Purcell Spillar Fami...	339 Scenic Dr, Johns...	Orig Town Of Drippin...	C-DS-MERCR	S2625	1,263	468
2021	$17,250	$22,860	$40,110	$40,110	Purcell Spillar Fami...	339 Scenic Dr, Johns...	Orig Town Of Drippin...	C-DS-MERCR	S2625	1,263	468
2020	$17,250	$22,860	$40,110	$40,110	Purcell Spillar Fami...	100 Purcell Ranch Rd...	Orig Town Of Drippin...	C-DS-MERCR	S2625	1,263	468
2019	$8,630	$22,860	$31,490	$31,490	Purcell Spillar Fami...	100 Purcell Ranch Rd...	Orig Town Of Drippin...	C-DS-MERCR	S2625	1,263	468
2018	$7,500	$21,170	$28,670	$28,670	Purcell Spillar Fami...	100 Purcell Ranch Rd...	Orig Town Of Drippin...	C-DS-MERCR	S2625	1,250	468
2017	$7,500	$21,170	$28,670	$28,670	Purcell Spillar Fami...	100 Purcell Ranch Rd...	Orig Town Of Drippin...	C-DS-MERCR	ORIGINAL TOWN OF DRI...	1,250	468

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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 ↕
—	305 Mercer St, Dripping Springs, TX 78620	—	-	1,250	N/A	468	$ 45,760	$ 22,900	-
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$ 11,806,406

Median$ 1,078,250.0

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

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