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$876,000

1679 Cheyenne Pass, Salado, TX, 76571

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,987 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$276.2 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3.5Bathrooms 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available

Exterior

Lot Size5 acres

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN319498
Lot Number218
SubdivisionHidden Springs Section Two
Land UseResidential
Legal DescriptionHIDDEN SPRINGS SECTION TWO, LOT 0218, ACRES 5.0
Census Tract023404
Assessed Land Value$250,000
Assessed Improvement Value$575,419
Assessment Year2025

About this property

This is an absolutely stunning property that sits on 5 beautiful acres and boasts many amenities. The main house is 2457 sqft and features 3 bedrooms, 2.5 baths. The open concept kitchen, living, dining is a stunner with tall ceilings and a beautiful cathedral, stained tongue and groove wood ceiling. The kitchen features custom knotty alder cabinets, granite counters, a Fisher and Parkel commercial grade range and a large, custom-made island with butcher block counter. The home is light and airy but also warm and inviting thanks to window placement and color scheme. Large bedrooms and closets maximize livability, and a 4'x7' secured storage area provides ample space to store valuables. The home was built with 2x6's for energy efficiency and additional structural soundness, includes spray foam insulation, a clean burning fireplace, a tankless water heater, and features a galvanized standing seam metal roof. Attached to the garage is an additional 530 sqft of living space that features a built-in murphy bed, kitchenette and full bath. The property also boasts a metal barn with office/storage space, a dog run, and is nestled amongst beautiful trees and a gorgeous setting.

Investor Tools

Property Icon
$876,000
Estimated Property Value
$742,500Estimated Mortgage Balance
$161,342Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,256 /month
Positive
Cash Flow Estimate:
$1,752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,217/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,219
$825,419
2025
$250,000
$575,419
$825,419
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,219
$825,419

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A&D Mortgage Llc
Conventional
$742,500
No
First
Apr 18, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$715,816
$110,184
13%
82%
$4,452/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.

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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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1679 Cheyenne Pass | Property Details | No Agent List