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$724,900

7531 Fm 2843, Salado, TX, 76571

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,463 Sq Ft
price_per_sqft$294.32 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Electric Water Heater, Microwave, Oven
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size4.99 acres

Building Information

Year Built1994
Stories2
Roof Type114
Garage Spaces2

Land Information

APN105890
SubdivisionJ H Greenwood
Land UseResidential
Legal DescriptionA0367BC J H GREENWOOD, 2-2, ACRES 4.993 2-2,
Census Tract023404
Assessed Land Value$250,087
Assessed Improvement Value$841,612
Assessment Year2025

About this property

Welcome to your own private Hill Country retreat! Situated on almost 5 acres, this beautiful home offers a peaceful setting surrounded by mature trees that immediately greet you as you enter the property. The spacious interior features a large living room with plenty of room to gather and relax, flowing into a well-appointed kitchen with an electric cooktop, built-in oven, and built-in microwave. The home offers both a large formal dining room and a separate breakfast area, providing plenty of space for entertaining and everyday meals. The spacious primary suite features seperate sinks, a garden tub, and a walk-in shower, creating a comfortable retreat at the end of the day. A dedicated office downstairs offers the perfect space for working from home. Upstairs, you'll find two generously sized guest bedrooms, offering comfort and privacy. Step outside to enjoy the peaceful back patio and the natural beauty surrounding the property. With mature trees, acreage, privacy, and a beautiful Hill Country setting, this property offers the perfect blend of comfort, space, and tranquility.

Investor Tools

$0Estimated Mortgage Balance
$739,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,434 /month
Positive
Cash Flow Estimate:
$1,478 /month

Interested in this property?

Ryan Hodge

First Texas Brokerage Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$563/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,056
$659,352
2025
$250,087
$841,612
$1,091,699
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,056
$659,352

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$724,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
N/A
+$1,980/mo
3.2%

City: Salado

7531 Fm 2843 | Property Details | No Agent List