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Days33Days on Market
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$579,900

1301 Mill Creek Dr, Salado, TX, 76571

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,771 Sq Ft
price_per_sqft$209.27 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range
FlooringTile, Vinyl, Wood

Exterior

Exterior FeaturesNone
Lot Size13,778 sqft

Building Information

Year Built1981
Stories2
Roof Type114
Garage Spaces2

Land Information

APN70685
Lot Number10
SubdivisionMill Creek Section 1
Land UseResidential
Legal DescriptionMILL CREEK SECTION 1, BLOCK 004, LOT 0010
Census Tract023406
Assessed Land Value$71,497
Assessed Improvement Value$326,660
Assessment Year2025

About this property

Incredible ranch-style home in the sought-after Mill Creek community of Salado backing directly to Mill Creek Golf Club and offering beautifully remodeled living spaces, an oversized lot, and stunning golf course views. Filled with natural light, this recently renovated home features an open floorplan with high ceilings and an entertainer-friendly layout designed for comfortable everyday living and memorable gatherings. The spacious kitchen and living areas flow seamlessly together, while the oversized primary suite provides a relaxing private retreat. Step outside to the incredible backyard and expansive deck, where you can enjoy peaceful golf course views, host BBQs, entertain guests, or simply unwind in the serene setting. Ideally located in the perfect small town of Salado in the heart of Central Texas, this home is near local favorites including the Salado Sculpture Garden and Table Rock Amphitheater, with convenient access to Fort Hood, Waco, and just a short drive to the shopping, dining, and entertainment at the Domain in Austin. Zoned to highly regarded Thomas Arnold Elementary and Salado High School, this exceptional property combines modern updates, outdoor living, and small-town charm in one remarkable package.

Investor Tools

$0Estimated Mortgage Balance
$574,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,479 /month
Positive
Cash Flow Estimate:
$1,160 /month

Interested in this property?

Jeremy Vandermause

Bramlett Partners

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$969/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,760
$398,157
2025
$71,497
$326,660
$398,157
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,760
$398,157

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$531,000
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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1301 Mill Creek Dr | Property Details | No Agent List