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$581,513

3248 Hester Way, Salado, TX, 76571

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,380 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.8 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available

Exterior

Private PoolPrivate Pool
Lot Size22,913 sqft

Building Information

Year Built2012
Stories1
Roof Type105
Garage Spaces2

Land Information

APN371228
Lot Number11
SubdivisionMill Creek Springs Phase V
Land UseResidential
Legal DescriptionMILL CREEK SPRINGS PHASE V, BLOCK 004, LOT 0011, ACRES .526
Census Tract023405
Assessed Land Value$89,130
Assessed Improvement Value$501,533
Assessment Year2025

About this property

Discover your dream home in this charming golf cart community at 3248 Hester Way in Salado! This charming property boasts 4 bedrooms, 2.5 baths, and a dedicated office space. Inside, the spacious living room is bathed in natural light creating an inviting atmosphere. The grand updated kitchen impresses with a breakfast bar, center island, and beautiful tiled details, perfect for entertaining. The main bedroom offers unique design touches, while the ensuite bathroom is a retreat with dual vanities, a tiled walk-in shower, a separate soaking tub, and a spacious walk-in closet. Step outside to enjoy a covered and extended patio overlooking a stunning heated in-ground pool with unique water features, perfect for year round entertainment. The expansive, fully fenced backyard includes a versatile outbuilding, with room for storage and a flex space, currently being used as an additional home office. Recent upgrades enhance the property, including a Tesla wall charger, a new water heater, a freshly pumped septic tank, sprinkler system, a water softener, and a 250-gallon propane tank. Schedule your private showing today to see all this home has to offer!

Investor Tools

Property Icon
$581,513
Estimated Property Value
$409,500Estimated Mortgage Balance
$0Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$853/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,332
$581,513
2025
$89,130
$501,533
$590,663
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,332
$581,513

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$409,500
No
First
Feb 24, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,059
$180,454
31%
69%
$2,456/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: Salado

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3248 Hester Way | Property Details | No Agent List