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$525,000

1306 Rylee Lane, Salado, TX, 76571

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,436 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.16 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Other, Oven, Plumbed For Ice Maker, Microwave, Range
FlooringCarpet, Vinyl

Exterior

Lot Size9,496 sqft

Building Information

Garage Spaces3

Land Information

APN530417
Lot Number2
SubdivisionDrakes Landing Phase Ii Amending Plat
Land UseBldrs/Developers Vacant Lot
Legal DescriptionDRAKES LANDING PHASE II AMENDING PLAT, BLOCK 011, LOT 0002, ACRES 0.218
Census Tract023405
Assessed Land Value$58,100
Assessment Year2025

About this property

Spray foam insulation provides exceptional energy efficiency in this beautifully crafted new construction home by Sandor Homes. This thoughtfully designed 4 bedroom home also features a versatile media room/flex space, perfect for movie nights, a home office, playroom, or second living area. Soft close cabinets, modern finishes, and timeless design elements elevate the interior, while the open concept kitchen, dining, and living areas create a seamless flow for everyday living and entertaining. The private primary suite offers a relaxing retreat, and the secondary bedrooms are well sized and functional. With striking board and batten curb appeal, a covered front porch, and quality craftsmanship throughout, this home delivers comfort, efficiency, and flexibility in a growing Salado community.

Investor Tools

Property Icon
$525,000
Estimated Property Value
$0Estimated Mortgage Balance
$121,758Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,174 /month
Positive
Cash Flow Estimate:
$1,058 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/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
Cadence Bank Na
Commercial
$408,000
No
First
Sep 5, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$403,242
$121,758
23%
77%
$2,447/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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1306 Rylee Lane | Property Details | No Agent List