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Days32Days on Market
Views1view

$539,000

1306 Madyson Lane, Salado, TX, 76571

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,436 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.26 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Water Heater, Disposal, Gas Range, Plumbed For Ice Maker, Some Gas Appliances, Microwave, Range
FlooringCarpet, Luxury Vinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Patio, Porch
Lot Size11,021 sqft

Building Information

Garage Spaces3

Land Information

APN530428
Lot Number2
SubdivisionDrakes Landing Phase Ii Amending Plat
Land UseBldrs/Developers Vacant Lot
Legal DescriptionDRAKES LANDING PHASE II AMENDING PLAT, BLOCK 013, LOT 0002, ACRES 0.253
Census Tract023405
Assessed Land Value$58,100
Assessment Year2025

About this property

$15,000 in builder incentives, spray foam insulation, custom soft-close cabinetry throughout, wood faux blinds, MyQ smart garage door technology, an 8-foot Craftsman front door, energy-efficient windows, lighting, and appliances, full yard sod, and a full sprinkler system are all included with this new construction home by Sandor Homes in Drake's Landing. This 4-bedroom, 3-bath home offers 2,436 square feet with an open-concept layout, a spacious living area, large kitchen with tile backsplash, pull-out trash drawer, walk-in pantry, and adjoining dining space. A separate den provides the perfect flex space for a home office, media room, or second living area. The private primary suite features dual vanities, a soaking tub, separate walk-in shower, and oversized walk-in closet, while three additional bedrooms provide plenty of space for family or guests. Complete with a covered patio, mudroom, and 3-car garage, this home is conveniently located near I-35, Salado ISD, shopping, dining, Mill Creek Golf Course, and the Village of Salado.

Investor Tools

Property Icon
$411,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,234 /month
Positive
Cash Flow Estimate:
$1,078 /month

Interested in this property?

Maria Jones

Magnolia Realty Temple Belton

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$171/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$58,100
2025
$58,100
N/A
$58,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$58,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Huntington National Bank
Commercial
$423,200
No
First
Feb 24, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$420,749
N/A
0%
102%
$2,538/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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1306 Madyson Lane | Property Details | No Agent List