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$660,000

1490 Dos Hermanas Road, Salado, TX, 76571

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,400 Sq Ft
price_per_sqft$194.12 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesElectric Range, Oven, Some Electric Appliances, Range, Water Softener Owned
FlooringCarpet, Concrete

Exterior

Lot Size2.14 acres

Building Information

Year Built2022
Stories1
Roof Type105

Land Information

APN502067
Lot Number3
SubdivisionRancho Vista
Land UseResidential
Legal DescriptionRANCHO VISTA, BLOCK 001, LOT 0003, ACRES 2.144
Census Tract023404
Assessed Land Value$169,976
Assessed Improvement Value$396,572
Assessment Year2025

About this property

Welcome to the country! Outside of Salado but still in Salado ISD. This roomy barndominium allows you to appreciate the sunrise and sunset. All bedrooms downstairs but enjoy the second large living area upstairs, along with a game room/office. Plenty of room to play and work from home at the same time. The Shop is 48' x 40' and includes a full bath and room to finish out living quarters. There is also a lean-to which is 16' x 40' for your boat or RV. Convenient access to I35 if you need to be Austin quick.

Investor Tools

$594,408Estimated Mortgage Balance
$103,592Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,188 /month
Positive
Cash Flow Estimate:
$1,396 /month

Interested in this property?

Sue Ellen Slagel

Century 21 Bill Bartlett

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$777/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,832
$478,906
2025
$169,976
$396,572
$566,548
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,832
$478,906

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$612,000
No
First
Sep 11, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$594,408
$103,592
14%
85%
$4,072/mo

City: Salado