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$550,000

NAL Estimated Property Value

1219 Ambrose Dr, Salado, TX, 76571

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,573 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.29 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesOven, Dishwasher, Electric Cooktop, Microwave, Trash Compactor, Electric Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size21,824 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces3

Land Information

APN319923
Lot Number4
SubdivisionMill Creek Springs Phase Iii
Land UseResidential
Legal DescriptionMILL CREEK SPRINGS PHASE III, BLOCK 001, LOT 0004
Census Tract023405
Assessed Land Value$88,167
Assessed Improvement Value$459,228
Assessment Year2025

About this property

Enjoy the amazing VIEW from your back patio. Nestled in established Mill Creek neighborhood, this custom built home has 4 bedrooms, 3 full bathrooms, separate office and a bonus room. Split floorplan is perfect for multi-generational living. Features include high ceilings, open concept living, granite countertops, large windows, crown molding, neutral paint colors, custom trim work, 3 car side entry garage, golf cart path, and a large utility room. This one is move in ready and a MUST SEE!Guest Accommodations: Yes Restrictions: Yes

Investor Tools

Property Icon
$550,000
Estimated Property Value
$441,791Estimated Mortgage Balance
$108,209Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$884/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$538,585
2025
$88,167
$459,228
$547,395
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$538,585

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$414,400
Yes
First
Sep 11, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$441,791
$104,209
19%
80%
$2,928/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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1219 Ambrose Dr | Property Details | No Agent List