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$520,317

NAL Estimated Property Value

1957 Grandview Dr, Salado, TX, 76571

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,389 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.06 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesMicrowave, Oven
FlooringCarpet, Ceramic Tile

Exterior

Lot Size22,869 sqft

Building Information

Year Built2011
Stories1
Roof Type105
Garage Spaces2

Land Information

APN371241
Lot Number3
SubdivisionMill Creek Springs Phase V
Land UseResidential
Legal DescriptionMILL CREEK SPRINGS PHASE V, BLOCK 006, LOT 0003, ACRES .525
Census Tract023405
Assessed Land Value$88,960
Assessed Improvement Value$443,194
Assessment Year2025

About this property

Beautiful 5 Bedroom, 3 bath home! New Roof in 2024. Low Tax Rate of 1.61%!! Wood burning fireplace, open floor plan on over a half acre lot large fenced back yard in Salado ISD. Primary Bedroom on opposite side of home than other bedrooms. Fifth bedroom/flex room could be used as bedroom or office. Nice Open Floor plan. Back yard is kid ready with five foot fence on a closed road. Oversized 2 car garage, side entry with storage area and pull down attic access. Storage shed and Raised Garden Planters in rear. Front and Rear covered porches. Utility Room has great storage, deep sink and room for an additional fridge. Outside refrigerator to stay.

Investor Tools

Property Icon
$520,317
Estimated Property Value
$469,510Estimated Mortgage Balance
$50,807Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,122 /month
Positive
Cash Flow Estimate:
$1,041 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$755/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,458
$520,317
2025
$88,960
$443,194
$532,154
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,458
$520,317

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$512,214
Yes
First
Dec 16, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$469,510
$50,807
9%
90%
$3,071/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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1957 Grandview Dr | Property Details | No Agent List