Last 24 Hours
$387,000
215 Cabiness Dr, Salado, TX, 76571
On Market
4 Beds
2 Bath
1,668 Sq Ft
$232.01 / sqft
Built in 2023Property Lead Type:
Must-SellAbsentee OwnerMove-In Ready
Highlights
Interior
Bedrooms 4
Bathrooms 2
Garage Available
Heating Central
CoolingAppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Oven
FlooringCarpet, Luxury Vinyl Plank
Exterior
Private PoolExterior FeaturesCovered Patio
Lot Size8,198 sqft
Building Information
Year Built2023
Stories1
Roof Type105
Garage Spaces1
Land Information
APN515959
Lot Number16
SubdivisionSalado Sanctuary Phase 1a
Land UseVacant Land
Legal DescriptionSALADO SANCTUARY PHASE 1A, BLOCK 00G, LOT 0016
Census Tract023405
Assessed Land Value$45,017
Assessed Improvement Value$323,653
Assessment Year2025
About this property
OPEN SATURDAY 12 PM - 3 PM! Move-in ready and built in 2023, this bright 4-bedroom, 2-bath home offers an open floor plan, corner lot, spacious backyard, covered wraparound patio, and access to the community pool. Refrigerator, washer, and dryer included.
Investor Tools
$306,230Estimated Mortgage Balance
$80,770Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,322 /month
Positive
Cash Flow Estimate:
$774 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
$660/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,471
$368,670
2025
$45,017
$323,653
$368,670
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,471
$368,670
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Mortgage Co
Conventional
$315,120
No
First
Oct 25, 2024
Nov 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,230
$80,770
20%
79%
$1,890/mo
12.4%