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$2,100,000

6750 N Lakeview Dr, Salado, TX, 76571

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,012 Sq Ft
price_per_sqft$697.21 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Electric Oven, Dishwasher, Electric Water Heater, Microwave
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size6.46 acres

Building Information

Year Built1982
Stories1
Roof Type112
Garage Spaces2

Land Information

APN117298
Lot Number35
SubdivisionHodge Rocking H Ranch Phase Ii Revised
Land UseResidential
Legal DescriptionHODGE ROCKING H RANCH PHASE II REVISED, BLOCK 001, LOT 0035, ACRES 6.465
Census Tract023406
Assessed Land Value$294,836
Assessed Improvement Value$656,053
Assessment Year2025

About this property

Enjoy stunning Sunsets from your approx 6.5 acres! This peaceful property is the perfect place to entertain! This exceptional fenced in property is surrounded by Corp of Engineer Property and Stillhouse Hollow Lake, so no neighbors or noise! Entertain poolside under one of the outdoor structures, including a full kitchen/living area with a beautiful fireplace. Other outdoor structures include a gazebo and bar. Enjoy your morning walks on your own private walking path. The detached garage has been converted to a workspace with a garage apartment above. The property has a large workshop, with distance from the home, so as not to obstruct the amazing lake views. An additional structure has a small kitchen and living/dining areas. Additional carport and underground storm shelter add to the value of this outstanding home. Luxury living with easy access to Austin, Georgetown, and Temple.

Investor Tools

$132,035Estimated Mortgage Balance
$587,965Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,600 /month
Positive
Cash Flow Estimate:
$4,200 /month

Interested in this property?

Kathy Chappell

Pacesetter Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,065/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,177
$711,798
2025
$294,836
$656,053
$950,889
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,177
$711,798

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$210,620
No
First
Dec 6, 2010
Jan 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,035
$587,965
81%
18%
$1,263/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,263/mo
+$427/mo
2.8%

City: Salado