300 W Mercer St Dripping Springs, TX ^$ 2,250,000

300 W Mercer St

^$ 2,250,000

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300 W Mercer St

Dripping Springs, TX, 78620

^$ 2,250,000

Studio Baths0.0 Sq 4,628

Monthly Estimate*

^$ 15,717

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Studio

Commercial Property for sale in Dripping Springs, TX

for $2,250,000. This 4,628 square foot building was built in 1995 on a lot size of 0.52.

Downton Mercer St in Dripping Springs. Trophy properties rarely come on the market. The 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. This area's average income is over $115,000 one of the highest in the state of texas. Come check out this amazing investment.

Commercial Active

Price

^$ 2,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 18,100

Style

Office

Lot Size

0.52

Year Built

1995

Town/City

Dripping Springs

County/Region

Hays

MLS | Web ID

1362659

Features

General

Sewer Public Sewer

Heating Central Electric Forced Air Heat Pump

Cooling Central Air Electric Heat Pump

Utilities Above Ground Electricity Connected High Speed Internet Phone Connected Sewer Connected Water Connected

Zoning Commercial

Construction Materials Stone Veneer

Year Built 1995

View None

Topography Level

Property SubType Office

Tax Year 2023

Current Use Commercial Office

Building Name Springs Provisions Plaza

Accessibility None

County Hays

Net Operating Income 126396

Operating Expense 0

New Construction N

Property Type Commercial Sale

Energy Efficient None

Subdivision Name Dripping Spgs Academy Blk

Building Features Computer Ready Conference Room Kitchen Equipment Yard Sprinkler(s)

Green Sustainability None

Other Structures None

Status Active

Directions Downtown Mercer St in Dripping Springs

City Dripping Springs

Disclosures None

MLS Area HD

Lot Size Square Feet 22651.2

Waterfront Y/N N

Street Name Mercer

Property Condition Updated/Remodeled

Additional Parcels Y/N N

Leasable Area 4393

Lease Type NNN

Standard Status Active

Year Built Source Estimated

Tax Assessed Value 1075280

Interior

Flooring Tile Wood

Total Stories 1

Street Suffix ST

Total Bedrooms 0

Total Baths 0

Exterior

Parking Features Additional Parking Alley Access Asphalt Common Parking Lot Paved

Water Source Public

Total Parking 27

Foundation Details Slab

Number of Buildings 1

Building Area Total 4628

Lot Size Acres 0.52

Road Surface Type Asphalt PVD

Lot Size Source Survey

Other Equipment None

Horse Y/N N

Internal Only

Street Number 1 300

* Excluded Features

List By

Henry Van Engelen

Listing Agent

Compass Re Texas, Llc

Broker

VANENGELEN@REALTYAUSTIN.COM

Affordability Calculator

$17,225

Per Month

Monthly Principal & Interest: $15,717
Monthly Property Taxes: $1,508
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Dripping Springs, TX

Average List Price ^$1,944,849

Percent of Sale Price 14%

About Dripping Springs, TX

2,824 Population

82% Since 2002

^$95,685 Median Income

44.96 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3038596 Elementary School

3038443 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/8/2024	$2,250,000	-2.17%	Price Down
1/23/2024	$2,300,000		Listed Price

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300 W Mercer St, Dripping Springs, TX, 78620 is a Commercial Property for sale at $2,250,000 with 4,628 sqft and a lot size of 0.52. 300 W Mercer St is a studio with 0.0 baths and was built in 1995. The property's zip code is 78620 which is in Dripping Springs, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Austin Board of REALTORS(r)(alternatively, from ACTRIS)

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Austin Board of REALTORS(r)(alternatively, from ACTRIS) . Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being 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.

All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS(r), ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied."

Data is updated as of 5/1/2024.

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300 W Mercer St

Commercial Property for sale in Dripping Springs, TX

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