
$1,605,000
NAL Estimated Property Value20395 Fm 2115, Salado, TX, 76571
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About this property
Discover this beautiful multi living ranch, a premier equestrian property in Central Texas, just outside the historic town of Salado and within an hour of Austin, Waco, and Killeen-Fort Hood. This turn-key ranch spans over 25 acres of cross-fenced paddocks with improved and native pastures, ideal for equestrian enthusiasts. The property features a stunning 2,800+ sq. ft. Austin-stone ranch house, built in 2013, with 4 bedrooms, 2 bathrooms, and an open-concept living, dining, and kitchen area. The backyard offers a covered patio, in-ground pool, above-ground hot tub, and a detached 960 sq. ft. pool/guest house with 1 bedroom, 1 bathroom, a full kitchen, living room, and laundry. Additional living quarters include a two-story metal barndominium, built in 2012, with over 1,770 sq. ft. of living space, 2 bedrooms, 2 bathrooms, and an upstairs loft. Attached is a 1,665 sq. ft. metal covered parking, a storage area with concrete floors, water, and electricity. Equestrian facilities include a 3,000 sq. ft. metal horse barn with water and electricity, 4 interior stalls, 4 exterior stalls with separate runs, a breezeway with a concrete floor, a feed/tack room, and a climate-controlled office. The property also features a 280' x 140' lighted riding arena with a deep sand surface and a climate-controlled press box. A 3,000 sq. ft. metal workshop includes three subdivided rooms with concrete floors, another small living space fully equipped with bathroom, living area, running water, roll-up bay doors, a 1,200 sq. ft. open bay for equipment or RV storage, and an additional 750 sq. ft. covered awning. Smaller improvements, loafing sheds, and a concrete storm shelter. This property is ag-exempt, offering a rare opportunity for those seeking a fully equipped ranch in Salado ISD.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Salado
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