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$638,000

NAL Estimated Property Value

2512 Hester Way, Salado, TX, 76571

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,195 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$259.75 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDouble Oven, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Plumbed For Ice Maker, Range Hood, Water Softener Owned, Wine Refrigerator, Cooktop, Microwave
FlooringCarpet, Tile

Exterior

Lot Size24,306 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces3

Land Information

APN234524
Lot Number4
SubdivisionMill Creek Springs Phase Ii
Land UseResidential
Legal DescriptionMILL CREEK SPRINGS PHASE II, BLOCK 003, LOT 0004, ACRES .558
Census Tract023405
Assessed Land Value$90,177
Assessed Improvement Value$536,081
Assessment Year2025

About this property

Luxurious custom home distinctively designed by Curtis Cook Residential, situated midway down the 3rd fairway on Mill Creeks' third 9-hole golf course with a view of the green! Enjoy unsurpassed outdoor design featuring 2500 sq ft professionally landscaped garden w/surrounding flagstone patios & pathways. The interior is equally gorgeous, drenched in natural light & sophistication. The spacious foyer sports a welcoming wet bar with beverage center, curved granite-topped bar & lighted cabinetry. Formal & informal dining areas have full views of the tree covered back landscape overlooking the golf course yet situated for privacy. The unique curved soffit with recessed lights, beamed ceiling, large island which serves as workspace & dining, mother of pearl mosaic backsplash, collectively create a kitchen to die for! Owners' suite features sitting area, ensuite bath w/soaking tub, separate shower, his & her walk-in closets, separate vanities & a private upper patio off the back. All 3 bedrooms, and flex room with closet, have plantation shutters. Both auxiliary bedrooms have ensuite baths, with half bath for guests at central hallway. Utility room has sink, closet, extensive countertop & cabinetry. Private office/hobby room with built-in desk & great storage. Enjoy side entry two car garage, plus a separate golf cart garage. Ample parking at front circle drive. Over $100,000 of recent upgrades include gas logs at fireplace, designer interior lighting, iron entry doors, upgraded crown molding, 2 American Standard HVAC units, 2 water heaters, GE Profile glass cooktop, Bosch dishwasher, primary bedroom carpet, epoxy garage floor coating, interior paint, insulated garage door w/ Wi-Fi opener, upgraded security system w/Q panels & Wi-Fi thermostats. Salado boasts unique eateries, art galleries, boutiques, wineries/breweries, antiquing & more! Superb location 45 miles to Austin or Waco. (2 bath mirrors, garden angel, fire table, center speaker, subwoofer do not convey)

Investor Tools

Property Icon
$638,000
Estimated Property Value
$518,101Estimated Mortgage Balance
$119,899Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,979 /month
Positive
Cash Flow Estimate:
$1,660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$601/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,022
$611,009
2025
$90,177
$536,081
$626,258
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,022
$611,009

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$525,000
No
First
Aug 28, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$518,101
$119,899
18%
81%
$3,148/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$3,148/mo
$-1,168/mo
3.7%

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: Salado

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2512 Hester Way | Property Details | No Agent List