NOT LISTED FOR SALE

28501 Ranch Road 12 Dripping Springs, TX 78620

Estimated Value: $544,000

1 Acre
$544,000 Price per Acre
43,560 Sq Ft Lot

Last Sold July 01, 2022

Current estimated payment $3,065/month

232 Days on Market

Highlights

  • Horses Allowed On Property
  • 1 Acre Lot
  • Heating Available
  • Dripping Springs Middle School Rated A
  • Central Air

About This Lot

As of July 2022

Total of 4 platted lots listed together combining to 1 Acre, part of the North 40 neighborhood. Frontage on RR 12 plus the 2 side streets of Summit Dr and Brookside St. CS zoning on 2 corner lots, LR zoning on the 2 inside lot, water & sewer available, up to 60%-70% impervious cover, multiple access points, opportunity for a number of uses. Convenience Store, office/warehouse, Laundromat, Retail/multi-use. Lot 30 previously housed Rosie's Tamale House restaurant on it, that building was torn down. Ready for one combined development, or 4 separate.

Last Agent to Sell the Property

Burt Dement

Compass RE Texas, LLC License #0492736 Listed on: 10/18/2021

Compass RE Texas, LLC

Last Buyer's Agent

Scott Daves

Stanberry REALTORS License #0470497

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,619

Year Built

  • Built in 1980

Lot Details

  • 1 Acre Lot
  • 4 lots contiguous in legal description
  • Tear Down

Interior Spaces

  • 1,100 Sq Ft Home
  • Linoleum Flooring

Parking

  • 10 Parking Spaces
  • Driveway

Additional Features

  • Horses Allowed On Property
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 30 / B
  • Assessor Parcel Number 1157300002030004
  • 2% Total Tax Rate

Community Details

Overview

  • Association Phone (512) 689-7352
  • North Forty Sec 2 Subdivision
  • Property managed by Burt Dement

Building Details

  • Operating Expense $200

Property Details

Property Type

Land

Est. Annual Taxes

$2,619

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Sub Type: Site Planned
  • Building Area Total: 1100.00
  • Restrictions: City Restrictions
  • Year Built: 1980
  • Acquisition Inclusion: Land & Improvements, Land Only
  • Additional Parcels Description: 4 lots contiguous in legal description
  • Additional Parcels: Yes
  • Anchors Co-Tenants: mobile home rented for $500/ month to month
  • Current Use: Manufactured Home, Mixed Use
  • Directions: Ranch road 12 north of 290, at the frontage of rr 12, summit and brookside. Access/ frontage on all 3 streets
  • Disclosures: None
  • Estimated Taxes: 1163.00
  • ETJ Extra Territorial Jurdn: No
  • Existing Lease Type: Gross
  • FEMA Flood Plain: No
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Intermediary: Yes
  • Lease Expiration: 2021-11-30
  • Other Equipment: None
  • Other Structures: None
  • Road Surface Type: Asphalt
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Flooring: Linoleum
  • Management Company: Burt Dement
  • Accessibility Features: None
  • Property Condition: Tear Down
  • Security Features: None

Exterior Features

  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • Parking Ratio: 1.00
  • Total Parking Spaces: 10.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Electric
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • Management Co Rep: Burt Dement

Lot Info

  • Parcel Number: 1157300002030004
  • Lot Size Acres: 1.0000
  • Lot Size Sq Ft: 43560.00
  • Subdivision Name: North Forty Sec 2

Building Info

  • Building Features: See Remarks
  • Construction Materials: None
  • New Construction: No
  • Number Of Buildings: 1

Multi Family

  • Management Co Phone: (512) 689-7352
  • Operating Expense: 200.00

Tax Info

  • Tax Block: B
  • Tax Lot: 30
  • Tax Rate: 2.15050000000000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2009
Sold by
Alba Lori Jean
Bought by
Hancock/Hanks Investments Ltd
Current Estimated Value
$544,000

Purchase Details

Closed on
Apr 3, 2009
Sold by
Contreras Olivia Herrera
Bought by
Alba Lori Jean

Purchase Details

Closed on
Jul 14, 2005
Sold by
Contreras Olivia Herrera
Bought by
Alba Lori Jean

Purchase Details

Closed on
Jan 1, 1991
Sold by
Bielke Jack
Bought by
Hancock/Hanks Investments Ltd
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hancock/Hanks Investments Ltd -- Gracy Title Company
Alba Lori Jean -- Gracy Title Company
Alba Lori Jean -- --
Hancock/Hanks Investments Ltd -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold -- -- --
06/07/2022 06/07/22 Pending -- -- --
01/05/2022 01/05/22 Price Changed $653,400 +25.0% $594 / Sq Ft
10/18/2021 10/18/21 For Sale $522,720 -- $475 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,619 $155,700 $155,700 $0
2022 $1,863 $98,940 $98,940 $0
2021 $1,480 $71,790 $71,790 $0
2020 $1,480 $71,790 $71,790 $0
2019 $1,218 $54,092 $54,092 $0
2018 $1,464 $64,680 $64,680 $0
2017 $876 $38,770 $38,770 $0
2016 $876 $38,770 $38,770 $0
2015 $877 $38,770 $38,770 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8906099

Unlock MLS (Austin Board of REALTORS®)

APN: R36518