$478,701
NAL Estimated Property Value2217 Smith Bluff Rd, Salado, TX, 76571
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Disposal
FlooringCarpet, Tile
Exterior
Exterior FeaturesNo Exterior Steps
Lot Size17,847 sqft
Building Information
Year Built1993
Stories1
Roof Type105
Garage Spaces2
Land Information
APN41811
Lot Number14
SubdivisionMill Creek Section 14
Land UseResidential
Legal DescriptionMILL CREEK SECTION 14, BLOCK 001, LOT 0014
Census Tract023405
Assessed Land Value$86,206
Assessed Improvement Value$392,495
Assessment Year2025
About this property
So MANY updates to include: fresh paint, fresh carpet, lights fixtures, fans, door hardware, dishwasher, kitchen faucet, counter & flooring in laundry room, curtains and curtain rods. This home looks and smells so refreshing! 3 bedroom with office, or 4 bedroom, you can choose how you use the rooms. Two large living areas and two dining areas. It backs up to Smith Branch creek which is a wet weather creek. Take a look and see for yourself all the great features. Did I mention the incredible back porch?Restrictions: Yes Sprinkler Sys:Yes
Investor Tools
$478,701
Estimated Property Value
$261,446Estimated Mortgage Balance
$217,255Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,872 /month
Positive
Cash Flow Estimate:
$957 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$960/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,129
$478,701
2025
$86,206
$392,495
$478,701
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,129
$478,701
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$292,500
No
First
Nov 23, 2020
Dec 2035
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,446
$217,255
45%
55%
$1,754/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,754/mo
$-64/mo
4.2%
