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$888,000

NAL Estimated Property Value

1187 Indian Pass, Salado, TX, 76571

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,876 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$344.23 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDown Draft, Double Oven, Dishwasher, Gas Cooktop, Disposal, Other, Refrigerator, Range Hood, Vented Exhaust Fan, Wine Refrigerator, Cooktop, Microwave, Water Softener Owned
FlooringMarble, Tile, Wood

Exterior

Lot Size5 acres

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces3

Land Information

APN319489
Lot Number209
SubdivisionHidden Springs Section Two
Land UseResidential
Legal DescriptionHIDDEN SPRINGS SECTION TWO, LOT 0209, ACRES 5.0
Census Tract023404
Assessed Land Value$250,000
Assessed Improvement Value$625,926
Assessment Year2025

About this property

Make your French Country Estate style dream a luxury reality. Designed by Southern Living, this 5 acre fully fenced in estate has it all. Low tax rate. Sought after craftsman builder Delton Stuckley Homes has done it again with exquisite finishes and attention to detail around every corner. Enter through your own private automatic gate. Automatic sprinkler system, entire lot is graded, cleared and fully usable to make your pool and shop goals come to life. Always wanted a horse property? Well now is your chance. 2 horses allowed for this 5 acre homestead. With over 1K square feet of covered porch space, a front porch fireplace, beautiful architectural detailing truly make this home one-of-a-kind. 3rd car garage bay is air conditioned allowing for an additional flex space. The 8.1 kW solar power system is owned and PAID IN FULL. Inside you’re welcomed with 10-12’ ceilings, Restoration Hardware throughout, fully upgraded quartz countertops, European white oaks floors, abundant storage off foyer and throughout the home, picture frame doorways, mahogany exterior doors and an ample amount of windows to let ton’s of natural light in. The kitchen features a counter to ceiling marble backsplash, 5 burner gas cooktop, double oven, Electrolux counter depth fridge/freezer, under mount cabinet lighting and apron front sink. The primary bath is a retreat all on its own. Here’s you’ll find double quartz vanities, designer lighting, large walk in shower and a primary closet that includes a secret space. This flex space includes a mirrored front door that with extra shelving behind the door and beyond that is a large flex space. The living area includes cedar beams accenting the soaring ceilings, wood burning fireplace, a butler’s station with wine fridge, oversized pantry and a built-in desk. This beauty is sure to be your forever home!

Investor Tools

Property Icon
$888,000
Estimated Property Value
$616,316Estimated Mortgage Balance
$271,684Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,940 /month
Positive
Cash Flow Estimate:
$1,980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,436/month
$204/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$875,926
2025
$250,000
$625,926
$875,926
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$875,926

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$309,050
No
First
Mar 23, 2026
Apr 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$616,316
$267,684
30%
69%
$3,706/mo

City: Salado

1187 Indian Pass | Property Details | No Agent List