Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$635,000

NAL Estimated Property Value

408 Ow Lowrey, Salado, TX, 76571

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,631 Sq Ft
price_per_sqft$237.55 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Oven, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill, Private Yard
Lot Size25,700 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN207158
Lot Number22
SubdivisionMill Creek Springs
Land UseResidential
Legal DescriptionMILL CREEK SPRINGS, BLOCK 001, LOT 0022, ACRES .59
Census Tract023405
Assessed Land Value$100,077
Assessed Improvement Value$429,935
Assessment Year2025

About this property

Vacation in your own backyard here with a resort-style pool with hot tub that is surrounded by colorful blooms and overlooked by a huge covered patio with outdoor kitchen. The over half acre lot has no neighbors directly behind and a seasonal creek runs through the trees, bringing privacy to the already stunning backyard. The extended driveway provides a space for an RV and there is a 30 amp plug and hookup for water & septic as well. The pristine floor plan includes a home office with crown molding and wood-look tile floors. Across the entryway is the formal dining room with chair railing and shadow box molding. Wide open for easy modern living, the family room has distinct tile floor, a wall of windows and corner fireplace and is open to the gourmet kitchen. Upgraded KitchenAid stainless steel appliances combine with granite counters and an abundance of self-closing cabinets to make the island kitchen the heart of this home. A tray ceiling with crown accent highlights the owner’s suite bedroom and the bathroom has a jetted tub with separate tile shower. Additional owner upgrades include tankless hot water heater, roof in 2014 and propane for the water heater, stovetop, fireplace and outdoor grill.

Investor Tools

Property Icon
$635,000
Estimated Property Value
$601,807Estimated Mortgage Balance
$33,193Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,810 /month
Positive
Cash Flow Estimate:
$1,270 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$879/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,376
$530,012
2025
$100,077
$429,935
$530,012
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,376
$530,012

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Heritage Cu
Conventional
$608,000
No
First
Oct 30, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$601,807
$34,193
5%
95%
$3,646/mo

City: Salado

408 Ow Lowrey | Property Details | No Agent List