




$1,138,000
NAL Estimated Property Value341 Windmill Hl, Salado, TX, 76571
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Nestled on 5.14 fully fenced acres, this one-of-a-kind estate offers exceptional flexibility, privacy, and space with an impressive 5,619 square feet of living area. Built in 2001, the main residence features 2 oversized bedrooms, 2 bathrooms, granite countertops, two dining areas, an expansive living room with gas fireplace, and a cozy den with a second gas fireplace. Wood bead board ceilings in the living room and den add warmth and character, while 12-foot ceilings in the entry and living areas and 10-foot ceilings throughout create an open, airy feel. Designed for multi-generational living, guest accommodations, or income potential, the property includes attached living quarters with 2 bedrooms, private entrances, full kitchen, living area, and bathroom. A separate garage conversion offers its own private entrance and features double insulated walls for sound reduction, a bedroom/media room, kitchenette, living area, and full bathroom. The outdoor space is equally impressive with a circular driveway, private courtyard, inground pool with waterfall, built-in creek feature, and relaxing hot tub. Full pipe fencing surrounds the property, offering both beauty and functionality. Additional highlights include double French doors in the dining area, full gutters, 3 mini-splits, 3 HVAC systems, two 1,500-gallon water holding tanks, a 60x18 barn with 45x12 lean-to, a 12x20 workshop and an oversized 24’x29’ carport tall enough to house an RV. This rare property combines luxury, versatility, and peaceful country living just minutes from the charm of Salado.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Salado
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