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$315,000

NAL Estimated Property Value

1711 Old Mill Rd, Salado, TX, 76571

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,766 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.36 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Electric Cooktop, Electric Oven, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size10,293 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN22184
SubdivisionCreek Run Subdivision
Land UseResidential
Legal DescriptionCREEK RUN SUBDIVISION, BLOCK 001, LOT 0012, & 1/4 COMMON AREA & 1/4 COMMON AREA
Census Tract023405
Assessed Land Value$61,039
Assessed Improvement Value$191,676
Assessment Year2025

About this property

Welcome to 1711 Old Mill Road in Salado, Texas! This charming, well-maintained 1966 home offers 3 bedrooms, 2 bathrooms, and sits on just under a quarter acre with full privacy fencing and mature trees. The spacious living room features high ceilings, a fireplace, and built-in bookcase, while the kitchen opens to the dining area for easy gatherings. The primary suite is generously sized with its own private bath. Enjoy being just steps from Mill Creek Golf Club, park, trails, and only minutes from Brookshire Brothers grocery. We’d love to schedule your private tour soon! (KITCHEN TO BEING FINISHED SOON)

Investor Tools

Property Icon
$315,000
Estimated Property Value
$217,822Estimated Mortgage Balance
$98,178Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,749
$252,715
2025
$61,039
$191,676
$252,715
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,749
$252,715

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
St Fin Corp
Conventional
$222,750
No
First
Jan 29, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,822
$98,178
31%
69%
$1,336/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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1711 Old Mill Rd | Property Details | No Agent List