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$545,312

1107 Northcross Dr, Salado, TX, 76571

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,315 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.82 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringConcrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size23,217 sqft

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces2

Land Information

APN502109
Lot Number14
SubdivisionMill Creek Springs Phase Ix
Land UseResidential
Legal DescriptionMILL CREEK SPRINGS PHASE IX, BLOCK 002, LOT 0014, ACRES 0.533
Census Tract023405
Assessed Land Value$89,387
Assessed Improvement Value$467,468
Assessment Year2025

About this property

New build home in Salado ISD, on a half acre lot, with a great, livable floor plan. 4 bedrooms (or 3 bedrooms with an office), large kitchen/living area, and stunning master bathroom. The home features generous sized covered back porch as well as large secondary bedrooms. The mud bench off the garage is the perfect place to capture shoes, backpacks, and any other catch items.

Investor Tools

Property Icon
$545,312
Estimated Property Value
$496,600Estimated Mortgage Balance
$53,770Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,272 /month
Positive
Cash Flow Estimate:
$1,091 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$199
$545,312
2025
$89,387
$467,468
$556,855
No

Tax History

Year
Tax Paid
Assessed Value
2024
$199
$545,312

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$496,600
Yes
First
Oct 9, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$491,542
$53,770
9%
90%
$2,978/mo

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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