302 University Dr, San Marcos, TX 78666 – Commercial Improved Land

CommercialYear Built 1988Total Assessed Value $1,252,052County Hays

Property Details

The Commercial property 302 University 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 $1,252,052.

The gross building area is 5,623 square feet and the land area is 13,193 square feet for this Commercial Improved Land built in 1988.

Legal description: Original Town Of San Marcos, Block 22, Lot 5

$1,402,672

Market Value

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Cap Rate

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NOI

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Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area5,623

Land Size13,193

Land Value$307,660

Improved Value$1,095,012

Total Assessed Value$1,252,052

Year Built1988

County NameHays

Account NumberR41637

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof CoverWood shake or shingles

Roof TypeHip

Type ConstructionOther

Garage TypeNone 0

Exterior WallsSiding alum or vinyl

Sales History

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Mortgage History

8/22/2007

Arms length residential transactions purchase or resales$800,000

Borrower

Villa Parksayers Family Lp

Lender

Countrywide Com Real Estate Fin Inc

Book Number

2007.70025468

Recording Date

8/22/2007

Transaction Details

Villa Parksayers Family Lp borrowed the property from Countrywide Com Real Estate Fin Inc through a Arms length residential transactions purchase or resales transaction on 8/22/2007 for $800,000.

Property constructed in 1988

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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	$307,660	$1,095,012	$1,252,052	$1,402,672	Villa Park	P O Box 160655, Aust...	Original Town Of San...	C-Sm-Ret	S7500	13,193	5,623
2025	$307,660	$735,717	$1,043,377	$1,043,377	Villa Park	Sayers Associates In...	Original Town Of San...	C-SM-RET	S7500	13,193	5,623
2024	$307,660	$886,005	$1,190,476	$1,193,665	Villa Park	Sayers Family Ltd Pa...	Original Town Of San...	C-SM-RET	S7500	13,193	5,623
2023	$307,660	$684,403	$992,063	$992,063	Villa Park , Sayers ...	Sayers Associates I...	Original Town Of San...	C-SM-RET	22	13,193	5,623
2022	$260,690	$546,604	$807,294	$807,294	Villa Park	Sayers Family Ltd Pa...	Original Town Of San...	C-SM-RET	S7500	13,199	5,623
2021	$260,690	$514,310	$775,000	$775,000	Villa Park	P O Box 160655, Aust...	Original Town Of San...	C-SM-RET	S7500	13,199	5,623
2020	$260,690	$514,457	$775,147	$775,147	Villa Park	Sayers Family Ltd Pa...	Original Town Of San...	C-SM-RET	S7500	13,199	4,336
2019	$260,690	$798,258	$1,058,948	$1,058,948	Villa Park	Sayers Family Ltd Pa...	Original Town Of San...	C-SM-RET	S7500	13,199	4,336
2018	$260,690	$271,896	$532,586	$532,586	Villa Park	Sayers Family Ltd Pa...	Original Town Of San...	C-SM-RET	S7500	13,193	4,336
2017	$260,690	$180,028	$440,718	$440,718	Villa Park	Sayers Family Ltd Pa...	Original Town Of San...	C-SM-RET	22	13,193	4,336

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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 ↕
—	302 University Dr, San Marcos, TX 78666	—	-	13,193	1988	5,623	$ 1,252,052	$ 307,660	-
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 ↕
302 UNIVERSITY DR STE B, SAN MARCOS, TX 78666-5763	CRICKET'S	5123531038	BALLOONS-NOVELTY & TOY
302 UNIVERSITY DR STE B, SAN MARCOS, TX 78666-5763	CRICKET'S	5123531038	WOMEN'S APPAREL-RETAIL
302 UNIVERSITY DR STE A, SAN MARCOS, TX 78666-5763	WHICH WICH SUPERIOR SANDWICHES	5123964924	RESTAURANTS

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License Details

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