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B+
NoAgentList RatingHow are grades calculated? Info
Days1411Days on Market
Views1view

$759,999

1201 Ambrose Dr, Salado, TX, 76571

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,446 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.55 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListMust-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Oven, Cooktop
FlooringTile, Vinyl

Exterior

Lot Size30,710 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN234514
Lot Number1
SubdivisionMill Creek Springs Phase Ii
Land UseResidential
Legal DescriptionMILL CREEK SPRINGS PHASE II, BLOCK 001, LOT 0001, ACRES .705
Census Tract023405
Assessed Land Value$95,507
Assessed Improvement Value$554,631
Assessment Year2025

About this property

Absolutely stunning home that has been completely remodeled and updated. The home features 4 bedrooms, 2.5 bathrooms, a living room, office (currently utilized as a den), 2 dining areas, a large kitchen with an oversized walk-in pantry, and an expansive sunroom. The interior boasts vinyl plank flooring, updated paint, countertops, lighting and renovated bathrooms (Oct. 2022). The picturesque exterior is updated with a beautiful German smear, cedar shutters, and roof (Oct. 2022). Located in the Mill Creek golf course community, in charming Salado, this home is spacious and luxurious but also warm and inviting. The living room features a 14' coffered ceiling, built-in bookshelves, and oversized windows. The primary bedroom boasts a sitting area and large walk-in shower. Located on a .70 acre corner lot, this home offers a wonderful backyard space that was made for lounging and entertaining with an extensive covered back patio, mature trees, a sport court, and no back neighbors. The home also features a central vacuum, 2.5 car garage, newer water softener, newer water heater, as well as an epoxied garage floor.

Investor Tools

Property Icon
$671,000
Estimated Property Value
$128,000Estimated Mortgage Balance
$549,095Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,560 /month
Positive
Cash Flow Estimate:
$1,520 /month

Interested in this property?

Savannah Hennig

Century 21 Bill Bartlett

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,047
$627,298
2025
$95,507
$554,631
$650,138
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,047
$627,298

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Conventional
$128,000
No
First
Nov 22, 2022
Nov 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,062
$567,938
82%
18%
$768/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1201 Ambrose Dr | Property Details | No Agent List