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$675,000

1235 Ambrose Dr, Salado, TX, 76571

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,517 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$268.18 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Exhaust Fan, Disposal, Gas Range, Microwave, Stainless Steel Appliances
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, See Remarks
Lot Size1.16 acres

Building Information

Year Built2022
Stories1
Garage Spaces3

Land Information

APN482297
Lot Number1
SubdivisionMill Creek Meadows Phase Ii
Land UseResidential
Legal DescriptionMILL CREEK MEADOWS PHASE II, BLOCK 00A, LOT 0001, ACRES 1.155
Census Tract023405
Assessed Land Value$124,270
Assessed Improvement Value$508,673
Assessment Year2025

About this property

LUXURY • PRIVACY • RESORT-STYLE LIVING... Welcome to this stunning custom home nestled on 1.16 acres in the exclusive gated section of Mill Creek Meadows in Salado, Texas. Built in 2022, this beautifully designed 2,517 sq. ft. residence offers the perfect blend of modern luxury, thoughtful design, and peaceful living just moments from Mill Creek Golf Course. Step through the impressive entry into an open-concept floor plan featuring soaring ceilings, abundant natural light, designer finishes, and elegant details throughout. The spacious living area flows seamlessly into the gourmet kitchen, where you'll find quartz countertops, custom cabinetry, TWO large center islands, stainless steel appliances, an oversized walk-in pantry, and abundant storage—perfect for everyday living and entertaining. The private owner's suite is a true retreat, complete with a spa-inspired bath featuring dual sinks, a soaking tub, oversized walk-in shower, and a generous walk-in closet. Two secondary bedrooms are connected by a beautifully designed custom Jack-and-Jill bathroom, while a convenient half bath is perfectly situated off the mudroom for guests. A designated home office with French doors provides the ideal space for working from home or a quiet study. Step outside to your own private backyard oasis featuring a sparkling saltwater pool, Over-sized covered patio with vaulted tongue & groove wood ceiling and expansive 1.16-acre lot with plenty of room to relax, entertain, or simply enjoy the peaceful surroundings. Located in the highly sought-after Salado ISD, residents enjoy the security of gated living. Enjoy access to the private community park, plus you're just a golf cart ride from Mill Creek Golf Course and historic downtown Salado for boutique shopping, restaurants, and events. Easy access to Austin, Georgetown, Temple, and Waco. Luxury, privacy, and modern comfort come together in one exceptional property—this is Salado living at its finest.

Investor Tools

$0Estimated Mortgage Balance
$632,943Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

Interested in this property?

Bettina Stewart

Magnolia Realty Round Rock

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,165/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,817
$632,943
2025
$124,270
$508,673
$632,943
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,817
$632,943

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$632,943
100%
0%
$0/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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