300 W Mercer St

    Dripping Springs, TX 78620
    • $1,750,000
    • STATUS: Pending - Taking Backups
    • ID#: 1756018
    Under Contract
    UPDATED: 82 min ago
    $1,750,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,393
      SQFT
    • $398
      $/SQFT
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Trophy properties rarely come on the market with a great cap rate. 6.72! Most prominent location in Drippings Springs is quickly emerging into the entertainment, shopping & tourist district. This landmark building is in exceptional condition with a huge parking lot. Dripping Springs is thriving! Exemplary schools, Hill Country beauty and destination wine/wedding tourism. The average area income is over $115,000.

    Monthly Payment Calculator



    © 2019 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-10-16T16:24:35.857.
    www.douglasresidential.com/homes/97174625

    300 W Mercer St Dripping Springs, TX 78620

    • Price: $1,750,000
    • Status: Pending - Taking Backups
    • Updated: 82 min ago
    • ID#: 1756018
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,393
    SQFT
    $398
    $/SQFT
    Neighborhood:
    Dripping Spgs Academy Blk
    County:
    Hays
    Area:
    Dripping Springs/Wimberley
    Property Description
    Trophy properties rarely come on the market with a great cap rate. 6.72! Most prominent location in Drippings Springs is quickly emerging into the entertainment, shopping & tourist district. This landmark building is in exceptional condition with a huge parking lot. Dripping Springs is thriving! Exemplary schools, Hill Country beauty and destination wine/wedding tourism. The average area income is over $115,000.
    Exterior Features

    Foundation Details Slab Freeway Highway Distance Up To 1 Mile Land Area Measurement 0.52000000000000 Land Area Type Acreage Land Description Alley AccessCorner LotLand Platted Num Buildings 3 Num Parking Spaces 20 Parking Common Parking Ratio 4.00 Road Frontage Desc Asphalt Roof Metal Street Surface Paved Topography Level Waterfront No

    Interior Features

    Air Conditioning Central Air Flooring Wood Gross Building Sq Ft 4393 Heating Central Heat Interior Ceiling Height 10 To 12 Ft Net Rentable Area 4393 Num Offices 13

    Property Features

    Fema Hundred Yr Flood Plain No Foreclosure REO No Land Area Source Survey Lease Type Net Net Lease (Nn) Listing Financing CashConventional Net Rentable Area Source See Attachment Occupancy Pct 100 Property Sub Type Office Bldg Separate Meter Yes Sewer City On Property Tax Amount 14778.00 Tax Rate 2.26370000000000 Tax Year 2017 Utilities Electricity On PropertyInternet-Cable Water Source City

    Property listed by Realty Austin - Headquarters.


    © 2019 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-10-16T16:24:35.857.
     
    Douglas Residential
    PO Box 29723
    Austin TX, 78755