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$228,000

502 Fm 2268, Salado, TX, 76571

$272,051 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,384 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.41 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.75Bathrooms Full 1.75
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Lot Size10,812 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces1

Land Information

APN62777
Lot Number1
SubdivisionLinda Ventura
Land UseResidential
Legal DescriptionLINDA VENTURA, BLOCK 003, LOT 0001
Census Tract023405
Assessed Land Value$46,492
Assessed Improvement Value$124,453
Assessment Year2025

About this property

Beautifully updated and move-in ready, this 4-bedroom, 2-bath home at 502 FM 2268 in Salado offers comfort, style, and peace of mind. With 1,384 sq ft of living space, this 1971-built home has been refreshed with new carpet, granite countertops, an updated kitchen, and fresh paint inside and out. Enjoy year-round comfort with a brand-new A/C unit, plus a roof that’s only two years old and comes with a transferable warranty. Step outside to relax on the covered porch and watch the stars, or take advantage of the storage shed that stays with the property. Every detail has been taken care of—this home needs no work and is truly move-in ready. The open layout provides functional living space, while modern finishes bring a warm, inviting feel throughout. Conveniently located near downtown Salado with easy access to I-35, shopping, dining, and schools, this property combines small-town charm with modern upgrades. Don’t miss your chance to own this turnkey gem—schedule your showing today!

Investor Tools

Property Icon
$228,000
Estimated Property Value
$225,834Estimated Mortgage Balance
$3,474Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$272,050
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$166/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$855
$170,945
2025
$46,492
$124,453
$170,945
No

Tax History

Year
Tax Paid
Assessed Value
2024
$855
$170,945

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Unknown
$225,834
No
First
Jan 20, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,526
$3,474
1%
98%
$1,354/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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