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$526,000

NAL Estimated Property Value

150 Spanish Oak Ln, Salado, TX, 76571

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,700 Sq Ft
price_per_sqft$192.22 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Electric Oven, Double Oven, Dishwasher, Electric Cooktop, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size1.61 acres

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APN17558
Lot Number6
SubdivisionLive Oak Estates (Undedicated)
Land UseResidential
Legal DescriptionLIVE OAK ESTATES (UNDEDICATED), BLOCK 001, LOT 0006, ACRES 1.608
Census Tract023405
Assessed Land Value$75,000
Assessed Improvement Value$368,345
Assessment Year2025

About this property

This 4 bed/2.5 bath home in Live Oak Estates is just outside of city limits but only a short golf cart ride down to the village. Sitting on a 1.6 acre corner lot, this house has been recently renovated in the dining/kitchen and living areas and also has new carpet in the bedrooms. Inside you'll find a gorgeous kitchen with new appliances including a double oven and a large dining space with breakfast bar. Two living room spaces are situated on either side of an original brick wall with wood-burning fireplaces on each side. The home is wrapped around a central outdoor atrium space that can be accessed from the kitchen, living or primary bedroom. Home also offers large laundry room and walk-in pantry. Outbuilding conveys with sale and is fully insulated with two window units. Come enjoy the mature trees, quiet neighborhood and friendly community! All information deemed reliable but not guaranteed. Buyer and buyer's agent to verify all details.

Investor Tools

Property Icon
$526,000
Estimated Property Value
$321,223Estimated Mortgage Balance
$205,277Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,156 /month
Positive
Cash Flow Estimate:
$1,052 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$750/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,370
$443,345
2025
$75,000
$368,345
$443,345
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,370
$443,345

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$329,000
No
First
Dec 3, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$321,223
$184,777
36%
61%
$1,973/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$1,973/mo
+$7/mo
4.5%

City: Salado

150 Spanish Oak Ln | Property Details | No Agent List