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$624,900

3401 Chisholm Trail, Salado, TX, 76571

$625,959 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,944 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.26 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesConvection Oven, Double Oven, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Water Heater, Cooktop, Microwave, Water Softener Owned
FlooringCarpet, Vinyl

Exterior

Lot Size12,245 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces3

Land Information

APN40540
Lot Number1
SubdivisionLakeside At Mill Creek
Land UseResidential
Legal DescriptionLAKESIDE AT MILL CREEK, LOT 0001
Census Tract023405
Assessed Land Value$64,659
Assessed Improvement Value$460,012
Assessment Year2025

About this property

COME SEE THIS BEAUTY! THE KITCHEN in this home is a show-stopper! Kitchen professionally reimagined and updated along with living space. Kitchen has large walk-in pantry, beautiful cabinetry (some with glass and lighting), beverage bar, and closet. From the kitchen, living area, primary bedroom, and outdoor living space enjoy the sunsets over the pond at Mill Creek Golf Course while overlooking the fairways for Creek 2, Holes 5 & 9. Back covered deck/living space is Trex-type decking with TV that retracts into cabinet and retractable shades. This house has 3 bedrooms plus a large game/media room, 2.5 baths (1 Jack & Jill), 2 dining areas, and 1 living area with wood-burning fireplace. Large primary bedroom with huge closet. Formal dining has unique, custom-made lighting. Living space (including stairs) has beautiful wood-look vinyl plank floors. Roomy utility room with sink. Lovely window treatments. 2+ car garage with space for 2 vehicles plus golf cart. Take your golf cart out for an evening ride or play a few holes. Recent landscape redesign creates beauty and less maintenance. Home is immaculate and has been meticulously cared for. Easy maintenance. No HOA. Salado ISD.

Investor Tools

$278,824Estimated Mortgage Balance
$362,176Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$625,959
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,846 /month
Positive
Cash Flow Estimate:
$1,282 /month

Interested in this property?

Beverly Wallace

Century 21 Bill Bartlett

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$982/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,582
$524,671
2025
$64,659
$460,012
$524,671
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,582
$524,671

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Texas
Conventional
$235,608
No
First
Apr 22, 2020
May 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,824
$362,176
56%
43%
$1,893/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,893/mo
$-203/mo
3.2%

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.

Explore Texas Explore This Area
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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3401 Chisholm Trail | Property Details | No Agent List