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$600,000

NAL Estimated Property Value

1206 Ambrose Dr, Salado, TX, 76571

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,946 Sq Ft
price_per_sqft$220.64 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Free Standing Electric Range, Disposal, Gas Water Heater, Ice Maker, Microwave, Water Softener Owned, Tankless Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesGarden, Rain Gutters
Lot Size26,223 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces3

Land Information

APN234515
Lot Number5
SubdivisionMill Creek Springs Phase Ii
Land UseResidential
Legal DescriptionMILL CREEK SPRINGS PHASE II, BLOCK 002, LOT 0005, ACRES .602
Census Tract023405
Assessed Land Value$91,256
Assessed Improvement Value$517,887
Assessment Year2025

About this property

Imagine a home where mornings begin with a peaceful stroll on a backyard pathway leading to a scenic golf course. This four-bedroom, three-bath retreat is perfect for those who cherish comfort and a connection with nature, offering great views of the course and ample space for family and friends. Upon entering, this home feels like a sanctuary, blending modern features with thoughtful touches. The main floor invites gatherings, with built-in bookcases, a propane fireplace that flickers to life with just a wall switch, and an open layout ideal for hosting. An office doubles as a fifth bedroom for added flexibility. With granite countertops, plentiful cabinets, and under-cabinet lighting, the kitchen is both beautiful and functional. The wraparound breakfast bar provides extra seating and opens to the great room, letting the chef stay connected while preparing meals. It’s a space designed for gatherings and convenience, where everyone feels at home. Out back, a screened-in porch offers the perfect spot to unwind, sheltered from bugs. An outdoor fireplace on the patio makes for cozy evenings, while a welcoming front porch invites you to relax with a coffee or host friends. An expansive driveway allows for parking and games, while the four-car parking area and garage with a workshop accommodate hobbies. Upstairs, ample storage, linen closets, and a cedar-lined closet reflect the home's thoughtful design. A unique passage leads to attic storage, while a monitored security system with multiple cameras enhances peace of mind. Outdoors, a garden area is ready for homegrown vegetables, and the front yard’s natural stone picnic table is perfect for al fresco dining. If you envision a pool, the backyard is fully prepared, with a front-positioned septic system for maximum flexibility. This home brings together luxurious convenience, family-friendly design, and a beautiful connection to nature.

Investor Tools

Property Icon
$600,000
Estimated Property Value
$396,040Estimated Mortgage Balance
$600,000Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,150
$582,277
2025
$91,256
$517,887
$609,143
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,150
$582,277

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$405,000
No
First
Feb 24, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$396,040
$207,960
34%
66%
$2,429/mo

City: Salado

1206 Ambrose Dr | Property Details | No Agent List