Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

150 Russell Ln 9 Dripping Springs, TX 78620

FOR LEASE
Other commercial real estate
Property ID
US83-1830372
10,800 SF 2 ac lot Built 2018
Last sale Mar 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address.
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Property summary

AI-generated overview

The property is an industrial metal building located near Highway 290 in Dripping Springs, with 2,700 square feet of space and no shared walls. The interior includes a 900-square-foot office area with a reception area, two offices, and a restroom. The building has finished floors and LED lighting and was painted. The remaining 1,800 square feet is warehouse space that is spray foam insulated and includes HVAC. Features include an insulated 12x12 door with a Liftmaster opener, LED high-bay lighting, 400-amp single-phase power, and included yard space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$36k
Tax billed · 2023
Assessed value · 2024$2.55M
Assessed land$680k
Assessed improvement$1.87M
Effective rate1.42%

Value estimate

· Nov 2026
$1.32M
$1.19M – $1.45M
Submarket $/SF estimate$1.31M
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$6k
Operating expenses−$4k
NOI · 125,850.00% cap applied$20k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
125,850.00%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHAYS

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office9.9
Auto Parts Store9.4
Auto Repair Shop9.2

Location

150 Russell Ln, Unit 9 Dripping Springs, TX 78620
County assessor Recorded deeds · 8 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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