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B+
NoAgentList RatingHow are grades calculated? Info

$766,450

2728 Hester Way, Salado, TX, 76571

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths3,048 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.3 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDouble Oven, Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Trash Compactor, Water Heater, Washer, Microwave, Range
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size29,882 sqft

Building Information

Year Built2010
Stories1
Roof Type105
Garage Spaces4

Land Information

APN354064
Lot Number1
SubdivisionMill Creek Springs Phase Iv
Land UseResidential
Legal DescriptionMILL CREEK SPRINGS PHASE IV, BLOCK 001, LOT 0001, ACRES .686
Census Tract023405
Assessed Land Value$95,025
Assessed Improvement Value$697,991
Assessment Year2025

About this property

Welcome to this stunning residence located in the desirable Mill Creek Springs Subdivision in Salado, TX. This expansive property, spanning over 3000 sqft and set on over an acre of beautifully landscaped grounds, offers a wealth of amenities and features. The main house boasts two spacious bedrooms, each with walk-in closets and en-suite bathrooms. The primary bathroom features double vanities, beautiful tile work, garden tub, and zero-entry shower. The open-concept living area is highlighted by a stone fireplace, high ceilings, and an abundance of natural light. The gourmet kitchen is a chef's dream with stainless steel appliances, double ovens, granite countertops, and a walk-in pantry. The home also features both formal and informal dining areas, a breakfast bar, and a beautiful built-in dining hutch. Additional amenities include a large laundry room with custom cabinets, a wet bar, and an extended open patio perfect for entertaining. The property also includes a detached 400 sqft guest house complete with a full kitchen and bathroom perfect for family, working from home or the ultimate man cave. Outdoor amenities include a large in-ground sports pool with a sun shelf, a hot tub, and a three-car garage. With beautiful stone work, crown molding, ceramic tile floors, and built-in cabinets throughout, this home is a testament to quality and style.

Investor Tools

Property Icon
$766,450
Estimated Property Value
$660,000Estimated Mortgage Balance
$110,272Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,599 /month
Positive
Cash Flow Estimate:
$1,533 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,151/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,977
$766,450
2025
$95,025
$697,991
$793,016
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,977
$766,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Va
$660,000
Yes
First
Jan 6, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$656,178
$110,272
14%
86%
$3,958/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2728 Hester Way | Property Details | No Agent List