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$364,000

NAL Estimated Property Value

2305 Salado St, Denton, TX, 76209

$373,164 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,310 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.8 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater
FlooringCarpet, Laminate

Exterior

Lot Size13,321 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR31702
Lot Number2
SubdivisionKingston Trace Sec 1
Land UseResidential
Legal DescriptionKINGSTON TRACE SEC 1 BLK B LOT 2 2/1002-B // D. CULP #287
Census Tract020505
Assessed Land Value$80,010
Assessed Improvement Value$243,234
Assessment Year2025

About this property

MULTIPLE OFFERS Highest and best by NOON Saturday. Up to $10,000 in buyer incentives for updates! 5 bedrooms, 3 bathrooms, home office, dining room, second living area on .30 acres AND 3 car garage with an attached space for a workshop or storage. Carpet February 2024! The pool sized backyard also has a gated concrete pad that you can use for your boat or RV! The wood burning stove in the living room will be sure to keep you warm during our cold snaps. The built in bench in the breakfast nook has plenty of room for your friends and family. Entertain a large group in the formal dining room with attached den. Located in the highly sought after Nette Shultz Elementary (formerly Woodrow Wilson) and close to two parks in the coveted neighborhood of IDIOT'S HILL. Conveniently located near Loop 288 for easy access to I-35. You won't find another 5 bedroom 3 bathroom, 2300 square foot home for this price in Denton. Home being sold AS-IS. Ask your agent for structural engineer report

Investor Tools

Property Icon
$364,000
Estimated Property Value
$315,610Estimated Mortgage Balance
$48,390Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$373,164
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,184 /month
Positive
Cash Flow Estimate:
$728 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$715/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,757
$323,244
2025
$80,010
$243,234
$323,244
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,757
$323,244

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Canopy Mortgage Llc
Conventional
$327,375
No
First
May 10, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,610
$48,390
13%
87%
$1,963/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: Denton

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2305 Salado St | Property Details | No Agent List