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$489,000

1312 Rylee Lane, Salado, TX, 76571

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,164 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.97 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size9,496 sqft

Building Information

Garage Spaces3

Land Information

APN530418
Lot Number3
SubdivisionDrakes Landing Phase Ii Amending Plat
Land UseBldrs/Developers Vacant Lot
Legal DescriptionDRAKES LANDING PHASE II AMENDING PLAT, BLOCK 011, LOT 0003, ACRES 0.218
Census Tract023405
Assessed Land Value$58,100
Assessment Year2025

About this property

Beautifully crafted by Sandor Construction, this thoughtfully designed home blends modern farmhouse charm with high performance features. Energy efficiency is at the forefront with full spray foam insulation, helping reduce monthly utility costs while enhancing year round comfort. The open concept layout showcases a light-filled kitchen with custom soft-close cabinetry, quality finishes, and seamless flow into the living and dining areas, perfect for everyday living and entertaining. A welcoming front porch, covered rear patio, and functional split bedroom floor plan add both style and practicality. Attention to detail, timeless curb appeal, and smart construction make this home an exceptional opportunity in the heart of Salado.

Investor Tools

Property Icon
$489,000
Estimated Property Value
$0Estimated Mortgage Balance
$88,597Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,934 /month
Positive
Cash Flow Estimate:
$978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$204/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
Fairway Independent Mortgage Corp
Conventional
$400,980
No
First
Apr 8, 2026
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,403
$88,597
18%
82%
$2,405/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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1312 Rylee Lane | Property Details | No Agent List