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$685,476

NAL Estimated Property Value

818 Hillcrest Drive, Salado, TX, 76571

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,095 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.06 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Water Softener
FlooringCeramic Tile

Exterior

Exterior FeaturesBalcony
Lot Size1.17 acres

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces4

Land Information

APN57120
Lot Number2
SubdivisionMill Creek Section 12
Land UseResidential
Legal DescriptionMILL CREEK SECTION 12, BLOCK 001, LOT 2, 3
Census Tract023405
Assessed Land Value$105,387
Assessed Improvement Value$580,089
Assessment Year2025

About this property

Beautiful peaceful property sits on a hill overlooking a pond and numerous wildlife. A spacious kitchen, and living area. Formal and informal dining area, office and master downstairs. Beautiful covered porch in front for your enjoyment. Bonus room off of the upstairs bedroom. Large screened back porch for you to drink coffee and enjoy the animals grazing. Stock pond in the back of property. Separate Cottage Studio. Washer Dryer Refrigerator will stay with home. Furniture can remain or be moved. Seller Relocating, motivated!

Investor Tools

Property Icon
$685,476
Estimated Property Value
$471,689Estimated Mortgage Balance
$213,787Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,113 /month
Positive
Cash Flow Estimate:
$1,371 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,369/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,996
$685,476
2025
$105,387
$580,089
$685,476
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,996
$685,476

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$518,500
No
First
Aug 18, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$471,689
$213,787
31%
69%
$3,109/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$3,109/mo
$-1,419/mo
3.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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818 Hillcrest Drive | Property Details | No Agent List