NOT LISTED FOR SALE

30305 Ranch Road 12 Dripping Springs, TX 78620

Estimated Value: $2,433,000

2 Beds
2 Baths
1,200 Sq Ft
$2,028/Sq Ft Est. Value

Last Sold March 10, 2020

Current estimated payment $15,257/month

66 Days on Market

Highlights

  • 5.79 Acre Lot
  • View of Hills
  • Central Heating and Cooling System
  • Dripping Springs Middle School Rated A

About This Home

As of March 2020

Prime Unrestricted Commercial! Sitting between Fitzhugh & HWY 290 off RR12, this property is prime for development. 1700 Homes slated for development around this location, so the time to buy is now before something like this doesn’t exist anymore. Could be Live/Work combo, Brewery, Distillery, Champagne Shack, Auto Shop, and more. Great spot for future Hotel with Hill Top Vistas. Outside ETJ today!

Last Agent to Sell the Property

Josh Friedman

Friedman Real Estate, Inc. License #0451763 Listed on: 12/13/2019

Last Buyer's Agent

Scott Daves

Stanberry REALTORS License #0470497

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,545

Year Built

  • Built in 1940

Lot Details

  • 5.79 Acre Lot

Home Design

  • Entry on the 1st floor
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Views of Hills

Parking

  • 99 Parking Spaces
  • 99 Covered Spaces

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Septic Tank

Community Details

  • Anthony G Davy Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 1001480016000004
  • 2% Total Tax Rate

Property Details

Property Type

Other

Est. Annual Taxes

$4,545

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Sub Type: See Remarks
  • Building Area Total: 1200.00
  • Restrictions: None
  • Year Built: 1940
  • Acquisition Inclusion: Building & Land, Land & Improvements
  • Current Use: Residential
  • Directions: From Dripping Springs head North on RR12 and property will be on your left. From Fitzhugh Road and RR12 head south to property just across Barton Creek on your left.
  • Entry Level: 1
  • Estimated Taxes: 5000.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Operating Expense Includes: See Remarks
  • Property Panorama: No
  • Road Surface Type: PVD
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: See Remarks
  • Laundry Location: None
  • View: Hill Country
  • Accessibility Features: None
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Metal
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 99.00
  • Parking Features: None
  • Parking Ratio: 99.00
  • Total Parking Spaces: 99.00

Utilities

  • Sewer: Septic Tank
  • Utilities: Propane
  • Heating: Central
  • Water Source: Well
  • Cooling: Central Air

Association/Amenities

  • Community Features: None

Lot Info

  • Endangered Species: Unknown
  • Lot Features: None
  • Parcel Number: 1001480016000004
  • Lot Size Acres: 5.7900
  • Lot Size Sq Ft: 252212.40
  • Subdivision Name: ANTHONY G DAVY

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: None

Multi Family

  • Management Co Phone: (000) 000-0000

Tax Info

  • Tax Rate: 1.96050000000000
  • Tax Year: 2019
  • Tax Annual Amount: 4545.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2022
Sold by
30305 Rr 12 Llc
Bought by
Farrah Enterprises Llc
Current Estimated Value
$2,433,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$761,203
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 13, 2019
Closed on
Mar 10, 2020
Sold by
Frederick Marian G and Frederick Elden E
Bought by
30305 Rr 12 Llc
Seller's Agent
Josh Friedman
Friedman Real Estate, Inc.
Buyer's Agent
Scott Daves
Stanberry REALTORS
List Price
$955,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,750
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 10, 2010
Sold by
Frederick Elden E and Frederick Marian
Bought by
Frederick Violet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2010
Sold by
Frederick Violet M
Bought by
Frederick Marian G and Frederick Elden E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2009
Sold by
Frederick Violet M
Bought by
Frederick Marian G and Frederick Elden E
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Farrah Enterprises Llc -- Patten Title
30305 Rr 12 Llc -- Itc
Frederick Violet M -- Independence Title
Frederick Marian G -- Independence Title
Frederick Marian G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrah Enterprises Llc $800,000
Previous Owner 30305 Rr 12 Llc $693,750
Previous Owner Frederick Marian G $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2020 03/10/20 Sold -- -- --
02/17/2020 02/17/20 Pending -- -- --
12/13/2019 12/13/19 For Sale $955,000 -- $796 / 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
2022 $13,516 $792,470 $688,370 $104,100
2021 $8,908 $476,110 $382,430 $93,680
2020 $3,619 $254,983 $0 $0
2019 $4,780 $231,803 $153,930 $85,870
2018 $4,370 $210,730 $129,640 $81,090
2017 $4,355 $208,440 $129,520 $78,920
2016 $4,197 $200,860 $129,520 $74,140
2015 $3,222 $182,600 $112,630 $70,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7142126

Unlock MLS (Austin Board of REALTORS®)

APN: R13751