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$950,000

1265 Mourning Dove Ct, Salado, TX, 76571

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,379 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$281.15 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Microwave, Oven, Water Softener Owned, Tankless Water Heater
FlooringCarpet, Tile

Exterior

Lot Size5 acres

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces3

Land Information

APN319569
Lot Number289
SubdivisionHidden Springs Section Two
Land UseResidential
Legal DescriptionHIDDEN SPRINGS SECTION TWO, LOT 0289, ACRES 5.0
Census Tract023404
Assessed Land Value$250,000
Assessed Improvement Value$585,586
Assessment Year2025

About this property

Hill Country Living on 5 Acres with Room to Play, Work, & Relax Welcome to 1265 Mourning Dove, a stunning 1.5-story home tucked away on a peaceful cul-de-sac in Salado. Nestled on 5 oak-covered acres, this property offers the perfect balance of privacy, space, and modern comfort. The striking blacksmith-crafted front door opens to a thoughtfully designed floor plan with 3 spacious bedrooms on the main level, a private study w/coffered ceilings, and 2.5 baths. At the heart of the home is a chef-inspired kitchen featuring granite countertops, custom cabinetry, under-cabinet lighting, Stainless Steel appliances, & a butler’s pantry with glass-front cabinets—ideal for entertaining. The living room invites you to gather w/soaring cathedral ceilings, built-in surround sound, recessed lighting, & a gas fireplace accented w/a solid mesquite mantle. The primary suite is a serene retreat with tray ceilings, a spa-like ensuite bath with a Jacuzzi tub, dual-head walk-in shower, and generous walk-in closet. Upstairs, a massive game room w/reinforced flooring is ready for fun—complete w/a wet bar, pool table, & air hockey table (all convey). Step outside to discover everything this property has to offer: 1,500 sq ft foam-insulated shop, plumbed for water and HVAC, with high-efficiency LED lighting, 40-ft RV parking pad with 30-amp hookup, Solar panels for energy savings, Raised garden beds with drip irrigation & rainwater collection system, Sprinkler system, fenced yard, oversized well house, and more Whether you’re looking for a peaceful retreat, a place to create & work, or an entertainer’s dream, this beautifully maintained home delivers it all. With space for up to two horses, & neighbors already raising Arabian horses nearby, this property is perfect for those who want to enjoy a touch of Hill Country ranch living without sacrificing convenience. Only minutes from Salado’s shops and dining, yet a world away from ordinary.? 3D Dollhouse tour: https://tinyurl.com/mmkcyshu

Investor Tools

$453,687Estimated Mortgage Balance
$449,973Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

Interested in this property?

Carissa Washbourne

Own Texas Property

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,324/month
$205/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$778,727
2025
$250,000
$585,586
$835,586
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$778,727

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Unknown
$455,000
No
First
Mar 24, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$453,687
$462,313
50%
50%
$2,728/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$2,933/mo
$-953/mo
2.6%

City: Salado

1265 Mourning Dove Ct | Property Details | No Agent List