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$481,000

1115 Northcross Drive, Salado, TX, 76571

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,057 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$230.92 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Range
FlooringCarpet, Tile

Exterior

Lot Size22,956 sqft

Building Information

Garage Spaces3

Land Information

APN502107
Lot Number12
SubdivisionMill Creek Springs Phase Ix
Land UseVacant Land
Legal DescriptionMILL CREEK SPRINGS PHASE IX, BLOCK 002, LOT 0012, ACRES .527
Census Tract023405
Assessed Land Value$71,254
Assessment Year2025

About this property

New construction! Salado ISD! Located in Mill Creek with golf cart access to downtown Salado, this beautiful 4 bedroom, 2 bath home sits on just over half an acre. The house features fantastic curb appeal, gorgeous vinyl plank flooring throughout the main areas, a neutral color scheme, lots of natural light, and a functional layout. There is a flex room at the front of the house that could be an office or dining room. The backyard is spacious and so is the covered back porch. Schedule your showing today!

Investor Tools

Property Icon
$481,000
Estimated Property Value
$0Estimated Mortgage Balance
$17,415Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,886 /month
Positive
Cash Flow Estimate:
$962 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,134
$71,254
2025
$71,254
N/A
$71,254
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,134
$71,254

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Texas
Va
$467,661
Yes
First
Nov 5, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$463,585
$17,415
3%
96%
$2,804/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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1115 Northcross Drive | Property Details | No Agent List