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$381,000

NAL Estimated Property Value

10880 Hodge Canyon Dr, Salado, TX, 76571

Off MarketInfo
CommercialInfo
Beds— Beds
Baths1 Bath
Baths1,140 Sq Ft
price_per_sqft$372.72 / sqft
Year BuiltBuilt in 1982

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
FlooringConcrete, Laminate

Exterior

Lot Size1.85 acres

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces4

Land Information

APN102248
Lot Number17A
SubdivisionThe Woods Of Salado
Land UseResidential
Legal DescriptionTHE WOODS OF SALADO, BLOCK 005, LOT 017A, ACRES 1.846
Census Tract023404
Assessed Land Value$122,833
Assessed Improvement Value$121,181
Assessment Year2025

About this property

Perfect for small commercial business - construction, landscaping, industrial, etc. or a professional office with storage. Office building has 1140 sf and has large open space to greet/meet with customers, 2 private offices, kitchenette/snack area, restroom with shower. Office renovated in '23-'24. Storage building has 984 sf with 3 bays/roll up doors plus a passage door. Shop built in 2022. Excellent visibility from corner of FM 2484 and Hodge Canyon. Get to IH 35 or to Killeen with ease. Almost 2 acres to expand or just enjoy. Uses Salado Water Supply and has a septic system.

Investor Tools

Property Icon
$381,000
Estimated Property Value
$349,431Estimated Mortgage Balance
$381,000Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,549 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,551
$189,935
2025
$122,833
$121,181
$244,014
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,551
$189,935

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Commercial
$353,027
No
First
Oct 10, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$349,431
$28,569
7%
92%
$2,117/mo

City: Salado

10880 Hodge Canyon Dr | Property Details | No Agent List