NOT LISTED FOR SALE

505 Old Fitzhugh Rd Dripping Springs, TX 78620

7.38 Acres
-- Price per Acre
321,473 Sq Ft Lot

Last Sold March 17, 2022

694 Days on Market

Highlights

  • View of Trees or Woods
  • Home fronts a stream
  • Level Lot
  • Dripping Springs Middle School Rated A
  • Central Heating and Cooling System
  • 1-Story Property

About This Lot

As of March 2022

Building Zoned GR with 7.38 Acres. 1600 sq ft of unfinished Retail/Office Space w Old Fitzhugh Rd Frontage.2 water meters one with a 5/8 inch line and a 1 inch line = 3.5 LUEs + And 6 Waste water LUEs Rare find downtown Dripping Springs with Land, Beautiful Oaks abound the property. Great Opportunity before Old Fitzhugh revitalization is complete!Restrictions: Yes

Last Agent to Sell the Property

Scott Daves

Stanberry REALTORS License #0470497 Listed on: 12/30/2019

Last Buyer's Agent

Dave Van Heuven

van Heuven Properties License #0454898

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,633

Lot Details

  • 7.38 Acre Lot
  • Home fronts a stream
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Few Trees
  • The community has rules related to zoning restrictions
  • Zoning described as GR

Property Views

  • Woods
  • Pasture
  • Park or Greenbelt

Interior Spaces

  • 1-Story Property

Parking

  • 10 Parking Spaces
  • 10 Covered Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 1004150086000024
  • 2% Total Tax Rate

Community Details

Overview

  • 6 Units
  • Association Phone (512) 415-2265
  • Philip A Smith Survey Subdivision

Amenities

  • No Laundry Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$18,633

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Sub Type: Ranch
  • Restrictions: Zoning
  • Acquisition Inclusion: Building & Land
  • Directions: West on Hwy 290, North on RR12, First Left on Mercer, Right on Old Fitzhugh. Property on the Left Downtown Dripping Springs Business District Historical District
  • Estimated Taxes: 15440.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: See Remarks
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Property Panorama: No
  • Road Surface Type: Asphalt
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Laundry Location: None
  • View: Fields, Park/Greenbelt, Trees/Woods
  • Accessibility Features: None
  • Property Condition: See Remarks
  • Security Features: None
  • Spa Features: None
  • Stories: 1

Exterior Features

  • Exterior Features: None
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 10.00
  • Parking Features: On Site
  • Parking Ratio: 100.00
  • Total Parking Spaces: 10.00

Utilities

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

Association/Amenities

  • Community Features: None

Lot Info

  • Endangered Species: No
  • Lot Features: Cleared, Level, Open Lot, Trees-Sparse
  • Topography: Cleared,Pasture,Varied
  • Parcel Number: 1004150086000024
  • Lot Size Acres: 7.3800
  • Lot Size Sq Ft: 321472.80
  • Subdivision Name: Philip A Smith Survey
  • Zoning Description: GR

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: None
  • Number Of Buildings: 2

Multi Family

  • Management Co Phone: (512) 415-2265
  • Number Of Units Total: 6

Tax Info

  • Tax Rate: 2.15050000000000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2016
Closed on
Nov 23, 2016
Sold by
Bali Ido Llc
Bought by
505 Fitz Llc
Seller's Agent
Scott Daves
Stanberry REALTORS
Buyer's Agent
Jay Vickers
Friedmann Parks Realty
List Price
$1,054,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,375
Outstanding Balance
$584,112
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
505 Fitz Llc -- Corridor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 505 Fitz Llc $723,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold -- -- --
11/23/2021 11/23/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $1,750,000 0.0% $1,080 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $1,750,000 0.0% $1,080 / Sq Ft
06/23/2021 06/23/21 Off Market -- -- --
06/09/2021 06/09/21 For Sale $1,750,000 0.0% $1,080 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
12/30/2019 12/30/19 For Sale $1,750,000 +25.1% $1,080 / Sq Ft
06/12/2018 06/12/18 Sold -- -- --
11/10/2017 11/10/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $1,399,000 +32.7% $864 / Sq Ft
11/29/2016 11/29/16 Sold -- -- --
07/29/2016 07/29/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $1,054,416 -- $651 / 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
2025 $18,633 $1,068,730 $1,068,730 --
2024 $18,633 $1,068,730 $1,068,730 $0
2023 $17,974 $1,068,730 $1,068,730 $0
2022 $20,318 $1,078,780 $1,066,530 $12,250
2021 $16,066 $779,570 $770,800 $8,770
2020 $16,066 $779,570 $770,800 $8,770
2019 $16,170 $717,950 $709,180 $8,770
2018 $16,240 $717,400 $709,180 $8,220
2017 $4,533 $200,610 $192,700 $7,910
2016 $4,533 $200,610 $192,700 $7,910
2015 $2,554 $112,850 $104,940 $7,910
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4083691

Unlock MLS (Austin Board of REALTORS®)

APN: R17900