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$604,974

NAL Estimated Property Value

1507 & 1509 Hilltop CIR, Salado, TX, 76571

$737,029 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,390 Sq Ft
price_per_sqft$176.99 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Electric Oven, Built In Oven, Cooktop, Double Oven, Dishwasher, Energy Star Qualified Appliances, Energy Star Qualified Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliances, Wine Refrigerator
FlooringLaminate, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size18,130 sqft

Building Information

Year Built1989
Stories2
Roof Type105
Garage Spaces2

Land Information

APN18352
Lot Number7
SubdivisionMill Creek Section 11a
Land UseResidential
Legal DescriptionMILL CREEK SECTION 11A, BLOCK 001, LOT 0007
Census Tract023406
Assessed Land Value$86,480
Assessed Improvement Value$518,494
Assessment Year2025

About this property

Poised atop a gentle hill, this double-lot sanctuary offers breathtaking panoramic views, with the lush green expanse of a golf course below painting a picturesque backdrop against the horizon. Step inside to discover an interior that seamlessly marries elegance with versatility. A grand entrance beckons you into a sprawling floorplan, where every detail has been meticulously crafted to elevate your living experience. Towering ceilings greet you in the expansive family room, where a dramatic two-story expanse opens up to the heavens, drawing in natural light through a wall of sliding glass doors. Here, a majestic fireplace, ensconced within custom built-ins, stands as the focal point of cozy gatherings, while stunning floors, adorned with a unique blend of tile and criss-crossing wood, imbue the space with warmth and character. Entertain in style in the formal dining room, where rich wood wainscotting lends an air of sophistication to every meal. The sprawling island kitchen beckons culinary adventures, with an attached breakfast area providing the perfect setting to savor morning moments. Retreat to the owner's suite, where an attached flex room offers boundless possibilities, including a discreet storage room secured behind a safe vault door. Upstairs, a versatile flex room awaits, lined with built-ins to accommodate your every need. Two secondary bedrooms, connected by a Jack & Jill bathroom, offer comfort and convenience, complete with an additional washer and dryer for added ease. Outside, an open patio invites al fresco gatherings, overlooking an expansive backyard dotted with mature trees and a storage building. Other notable features include a whole house generator for peace of mind, stairs leading to the top of the living room for effortless maintenance, a new AC system installed in 2022, and a convenient sink in the garage for added functionality.

Investor Tools

Property Icon
$604,974
Estimated Property Value
$569,055Estimated Mortgage Balance
$35,919Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$737,029
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,630 /month
Positive
Cash Flow Estimate:
$1,210 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,956
$604,974
2025
$86,480
$518,494
$604,974
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,956
$604,974

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Va
$578,375
Yes
First
Apr 17, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$569,055
$35,919
5%
94%
$3,468/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$3,468/mo
$-1,778/mo
3.4%

City: Salado

1507 & 1509 Hilltop CIR | Property Details | No Agent List