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$540,000

NAL Estimated Property Value

4391 Barnes Rd, Salado, TX, 76571

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,511 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.37 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Dishwasher, Disposal, Electric Cooktop, Microwave, Double Oven, Vented Exhaust Fan, Water Heater
FlooringConcrete, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size1 acre

Building Information

Year Built1998
Stories1
Roof Type105

Land Information

APN197788
SubdivisionJ Mcgowen
Land UseResidential
Legal DescriptionA0603BC J MCGOWEN, ACRES 1.0
Census Tract023405
Assessed Land Value$85,000
Assessed Improvement Value$437,785
Assessment Year2025

About this property

Watch the beautiful Texas sunrise & sunset from this property. 360 degree views of countryside are expansive! Live the country life (can raise chickens and bees!) with hardly any neighbors in sight. Surrounded by cattle & crop land that rotate corn, wheat and sorghum/milo. 3 bedrooms plus an office that can be a bedroom. Large living room with wood burning fireplace. Converted garage for large family room. Kitchen open to dining and living room. Large walk-in pantry. Tankless gas water heater. Newer HVAC. Attic storage with new pull down access. Covered back patio. Shed/storage with electricity. Fenced back yard for pets. Fruit trees and garden spot. In ground storm shelter for 12+. 7 minutes to I35. 30 minutes to Georgetown/Temple. 50 minutes to Austin.

Investor Tools

Property Icon
$540,000
Estimated Property Value
$448,034Estimated Mortgage Balance
$92,728Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,240 /month
Positive
Cash Flow Estimate:
$1,080 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$882/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,881
$522,785
2025
$85,000
$437,785
$522,785
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,881
$522,785

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$472,500
No
First
Jun 29, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$448,034
$79,966
15%
83%
$2,833/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$2,833/mo
$-1,143/mo
3.8%

City: Salado

4391 Barnes Rd | Property Details | No Agent List