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$749,000

10015 Hodge Canyon Dr, Salado, TX, 76571

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,841 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$263.64 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2.66 acres

Building Information

Year Built1998
Stories1
Roof Type112
Garage Spaces5

Land Information

APN78309
Lot Number10A
SubdivisionThe Woods Of Salado
Land UseResidential
Legal DescriptionTHE WOODS OF SALADO, BLOCK 003, LOT 010A, ACRES 2.663
Census Tract023404
Assessed Land Value$146,611
Assessed Improvement Value$408,126
Assessment Year2025

About this property

2.6 ACRES with PARTIAL LAKE VIEWS in SALADO Tx! Gorgeous UPDATED home with 4BEDS -3BATHs and MULTILEVEL outdoor decking, 22x34 SHOP and Large Carport for BOAT or TRAILERS! Enjoy lake views from LAKEVIEW SITTING AREA! Kitchen has DOUBLE OVENS, CUSTOM built-in JEN-AIRE REFRIGERATOR and movable ISLAND. Recent FRENCH OAK 7.5 WOOD PLANK FLOORING throughout main areas. Formal Dining and Large Living areas are lined with WINDOWS for tons of NATURAL LIGHT AND VIEWS. Large PRIMARY SUITE has updated tile accents, walk-in shower and jetted tub and FLEX ROOM. Secondary bedrooms 3-4 share JACK-N-JILL bath and bedroom 3 has French door access to back patio. Updates include PLANTATION SHUTTERS throughout, interior paint on both walls and cabinets, wood and porcelian stoneware flooring, hot water heaters and decking. Outdoor features include sod, tree removal, trimming and lot leveling. Minutes from RIVERS BEND PARK for Stillhouse Lake Boat Ramp and Access. 30 Minutes to Georgetown/45 minutes to Austin. NO HOA – LOW TAX RATE. DON’T WAIT ON THIS ONE!!

Investor Tools

$557,445Estimated Mortgage Balance
$186,514Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Nancy Best

NANCY BEST REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$998/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,268
$554,737
2025
$146,611
$408,126
$554,737
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,268
$554,737

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$594,000
No
First
Dec 30, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$557,445
$111,555
16%
75%
$3,562/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$3,562/mo
$-1,582/mo
3.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Salado

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10015 Hodge Canyon Dr | Property Details | No Agent List