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$429,000

12101 FM 2843, Salado, TX, 76571

Off MarketInfo
Baths0 Bath
Baths1,552 Sq Ft

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.41 acres

Building Information

Year Built1999
Stories1
Roof Type112
Garage Spaces3

Land Information

APN231511
SubdivisionE W Matthews
Land UseResidential
Legal DescriptionA0598BC E W MATTHEWS, & A0872BC A WEBB, ACRES 1.408 & A0872BC A WEBB,
Assessed Land Value$108,627
Assessed Improvement Value$32,750
Assessment Year2025

About this property

Dream lot ready for a custom home. This rare 1.4 acre lot offers an incredible opportunity to build a home that will offer both privacy and stunning hill country views. There are no restrictions allowing you to build exactly what your heart desires. This property is gated at the entrance with a gravel road that leads down to the back of the property. Electricity is available. Downtown Salado is roughly 10 miles away, Florence 9 miles, Georgetown 25 miles and Austin 51 miles. Salado ISD. There is a slab with plumbing and a septic in place with the potential to build on the footprint. Schedule a time to visit the property.

Investor Tools

Property Icon
$429,000
Estimated Property Value
$0Estimated Mortgage Balance
$71,681Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,253
$141,377
2025
$108,627
$32,750
$141,377
Yes (2010)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,253
$141,377

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Texas
Va
$359,400
Yes
First
Jan 27, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,319
$71,681
16%
83%
$2,155/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,310/mo
$2,155/mo
$-845/mo
3.7%

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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12101 FM 2843 | Property Details | No Agent List