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$864,000

1402 Stone Russell Dr, Salado, TX, 76571

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,995 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$288.48 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesConvection Oven, Dishwasher, Electric Water Heater, Disposal, Gas Range, Refrigerator, Tankless Water Heater, Water Heater, Microwave, Range
FlooringVinyl

Exterior

Lot Size1.67 acres

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces3

Land Information

APN482322
Lot Number7
SubdivisionMill Creek Meadows Phase Ii
Land UseResidential
Legal DescriptionMILL CREEK MEADOWS PHASE II, BLOCK 00C, LOT 0007, ACRES 1.667
Census Tract023405
Assessed Land Value$174,275
Assessed Improvement Value$203,797
Assessment Year2025

About this property

**FREE GUNITE POOL*** Welcome to a masterpiece on the fairway—The Award Winning CTHBA Parade of Homes Entry, Legacy Custom Builders-designed luxury estate nestled on over 1.5 acres with breathtaking views of a prestigious golf course right from your backyard. This stunning residence is a true blend of elegance, modern design, and craftsmanship, with every detail thoughtfully curated for comfort and style. Step inside to find bold black, and gold accents paired with geometric design elements that make every space pop. The chef’s kitchen is a showstopper featuring Café appliances, black stainless steel sink, a commercial-grade 6-burner gas stove, a custom vent hood, smooth satin backsplash, and a hidden butler’s pantry with a custom wine rack. The soft-close cabinetry, commercial-style faucet, and recessed lighting add extra aesthetic to this gourmet space. Throughout the home, enjoy luxury vinyl flooring, an exposed wood beam with a custom cedar plank ceiling in the living room. The office comes equipped with french glass doors and a sleek shiplap accent wall. The oversized laundry room—with built-in sink—conveniently connects to the expansive master closet, designed for daily ease. The upstairs additional room with full bath is perfect for guests, a media room, or private retreat. Energy efficiency meets luxury with spray foam insulation, motion sensor lighting, and a tankless water heater. Out back, the large covered patio overlooks the golf course and is prepped for pool installation, giving you the perfect setting to create your dream outdoor oasis. Located in a community that offers golf course access, pickleball, and basketball courts, this home is a rare find for those who appreciate craftsmanship, luxury, and lifestyle.

Investor Tools

$757,871Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,184 /month
Positive
Cash Flow Estimate:
$1,728 /month

Interested in this property?

Alexis Denegal

Prolific Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,095
$378,072
2025
$174,275
$203,797
$378,072
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,095
$378,072

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$759,500
No
First
Mar 24, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$757,871
N/A
0%
127%
$4,370/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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