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$945,000

1224 Hidden Springs Dr, Salado, TX, 76571

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,991 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$315.95 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Gas Cooktop, Disposal, Microwave, Cooktop, Water Softener Owned
FlooringCarpet, Concrete, Ceramic Tile

Exterior

Lot Size11.71 acres

Building Information

Year Built2014
Stories2
Roof Type105
Garage Spaces2

Land Information

APN240652
Lot Number2
SubdivisionHidden Springs Section One
Land UseResidential
Legal DescriptionHIDDEN SPRINGS SECTION ONE, LOT 0002, ACRES 11.71
Census Tract023404
Assessed Land Value$290,792
Assessed Improvement Value$482,788
Assessment Year2025

About this property

This beautiful 3-bedroom, 2.5-bathroom home is situated on nearly 12 acres of land, offering plenty of space for privacy and outdoor activities. The property includes a barn and livestock fencing, making it ideal for horses, donkeys, or other agricultural needs. Inside the home you'll find an open floor plan with a spacious living room, dining area, and kitchen — perfect for entertaining. The primary bedroom is conveniently located on the main floor, featuring a cozy fireplace, a large en-suite bathroom, and a walk-in closet. Upstairs, you'll discover two additional bedrooms and a versatile living room/flex space that can be tailored to your needs. Enjoy relaxing evenings on the expansive, screened-in back porch, ideal for watching sunsets. The property also includes a 2-car workshop and a detached 2-car garage. Additional features include two wells that service the house, yard, and barn, plus an RV hookup for added convenience. Whether you're looking for a peaceful retreat or a functional space for your lifestyle, this home offers it all.

Investor Tools

Property Icon
$936,000
Estimated Property Value
$495,200Estimated Mortgage Balance
$431,362Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,670 /month
Positive
Cash Flow Estimate:
$1,890 /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
$1,302/month
$210/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,938
$773,580
2025
$290,792
$482,788
$773,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,938
$773,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$495,200
No
First
Feb 1, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$505,627
$430,373
45%
54%
$3,359/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.

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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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