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$1,125,000

1614 Cheyenne Pass, Salado, TX, 76571

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths3,474 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$323.83 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesConvection Oven, Double Oven, Dishwasher, Gas Cooktop, Ice Maker, Multiple Water Heaters, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Wine Refrigerator, Some Electric Appliances, Some Gas Appliances, Built In Oven, Cooktop, Microwave, Water Softener Owned, Separate Ice Machine
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Patio, Fire Pit, Gas Grill, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Yard, Rain Gutters, Storage, Propane Tank Leased
Lot Size5 acres

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces3

Land Information

APN319580
Lot Number300
SubdivisionHidden Springs Section Two
Land UseResidential
Legal DescriptionHIDDEN SPRINGS SECTION TWO, LOT 0300, ACRES 5.0
Census Tract023404
Assessed Land Value$250,000
Assessed Improvement Value$768,101
Assessment Year2025

About this property

Welcome to your private retreat—a custom-built home nestled on 5 acres where luxury and nature meet. Surrounded by mature trees, this oasis is designed for those who appreciate both modern living and the beauty of the outdoors. Step outside to the peaceful backyard, featuring a sparkling pool and hot tub, a cozy fire pit and an incredible living space. The outdoor kitchen includes a built-in grill, refrigerator, ice maker, dining area, and a comfortable living space, a beautiful setting for hosting family and friends or enjoying quiet evenings under the stars. Explore your private, wooded ¼-mile walking trail, ideal for family adventures, exercising pets, horseback riding, or unwinding in nature. Three of the five acres are fully fenced, and the property also features an attached three-car garage, plus a detached bay currently housing the well equipment. Inside, this thoughtfully designed home offers comfort with five bedrooms, three and a half bathrooms, two inviting living areas, a dedicated dining room, and a private home office. High ceilings and abundant natural light create an open atmosphere throughout, while a propane fireplace adds warmth to the main living space. The kitchen is the heart of the home, featuring granite countertops, a large center island, built-in ovens, gas cooktop, and a walk-in pantry—perfect for everyday living and entertaining. Designed with both convenience and efficiency in mind, the home includes smart home technology, ceiling fans throughout, a wine refrigerator, built-in entertainment and speaker wiring, wheelchair accessibility, and tankless water heaters. The property is also equipped with a generator with dual transfer switches capable of powering the entire home. Whether you're entertaining outdoors, enjoying a swim on a Texas afternoon, gathering around the fire pit, or taking a walk beneath the canopy of trees, this property offers the opportunity to experience luxury country living without sacrificing modern conveniences.

Investor Tools

Property Icon
$898,000
Estimated Property Value
$615,655Estimated Mortgage Balance
$0Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,750 /month
Positive
Cash Flow Estimate:
$2,250 /month

Interested in this property?

Ruth Parker

Hearthstone Home Group- All Ci

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,367/month
$205/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,919
$893,025
2025
$250,000
$768,101
$1,018,101
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,919
$893,025

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Commercial
$615,655
No
First
Aug 23, 2018
Aug 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,154,962
N/A
0%
129%
$7,830/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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