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$551,000

NAL Estimated Property Value

308 Royal View Rd, Salado, TX, 76571

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,602 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.17 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesOven, Electric Cooktop, Dishwasher, Disposal
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size27,199 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN331509
Lot Number5
SubdivisionRoyal Oaks Phase Ii
Land UseResidential
Legal DescriptionROYAL OAKS PHASE II, BLOCK 003, LOT PT 5, (W 155' OF 5), 0.566AC (W 155' OF 5), 0.566AC
Census Tract023405
Assessed Land Value$92,480
Assessed Improvement Value$564,524
Assessment Year2025

About this property

Walk into this home and admire the charm. This impressive home was built with a timeless feel. Upgraded granite, flooring and cabinets show the quality of workmanship that was experienced with this builder. The master bedroom and living areas overlook the private backyard. The master bedroom closer is over sized. The guest bath shares the tub/toilet area, but have their individual sinks which is so convenient. This quaint neighborhood is within a few minutes of downtown Salado.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$551,000
Estimated Property Value
$129,873Estimated Mortgage Balance
$421,127Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,306 /month
Positive
Cash Flow Estimate:
$1,102 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$717/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,847
$528,451
2025
$92,480
$564,524
$657,004
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,847
$528,451

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Assumption
$132,000
Yes
First
Jun 16, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,873
$412,127
76%
24%
$792/mo

City: Salado

308 Royal View Rd | Property Details | No Agent List