$740,000
NAL Estimated Property Value1361 E. Creekview DR, Salado, TX, 76571
Off Market
Highlights
Interior
Exterior
Exterior FeaturesNone
Lot Size3 acres
Building Information
Year Built2020
Stories1
Roof Type105
Garage Spaces4
Land Information
APN240733
Lot Number90
SubdivisionHidden Springs Section One
Land UseResidential
Legal DescriptionHIDDEN SPRINGS SECTION ONE, LOT 0090, (TOD DEED), ACRES 3.0 (TOD DEED)
Census Tract023404
Assessed Land Value$195,000
Assessed Improvement Value$630,722
Assessment Year2025
About this property
This gorgeous 3 acre lot has already been cleared and a culvert has been installed for a road unto the property. Take a ride as preview the elegant homes surrounding this 3 acre lot in popular Hidden Springs Subdivision. Easy access to I35. Salado Schools.Restrictions: Yes
Investor Tools
$740,000
Estimated Property Value
$332,482Estimated Mortgage Balance
$407,518Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,440 /month
Positive
Cash Flow Estimate:
$1,480 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,028/month
$204/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,638
$688,498
2025
$195,000
$630,722
$825,722
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,638
$688,498
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Centennial Mortgage Corp
Conventional
$375,000
No
First
Jul 15, 2020
Aug 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,482
$407,518
55%
45%
$2,249/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$2,453/mo
$-473/mo
3.2%
