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$728,000

NAL Estimated Property Value

8475 Spring Creek Loop, Salado, TX, 76571

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,830 Sq Ft
price_per_sqft$243.82 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Electric Oven, Cooktop, Dishwasher, Disposal, Electric Cooktop, Microwave, Electric Oven, Electric Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Grill
Lot Size34,151 sqft

Building Information

Year Built2021
Stories1
Garage Spaces3

Land Information

APN488842
Lot Number12
SubdivisionSpring Creek
Land UseResidential
Legal DescriptionSPRING CREEK, BLOCK 005, LOT 0012, ACRES .784
Census Tract023404
Assessed Land Value$150,000
Assessed Improvement Value$550,000
Assessment Year2025

About this property

Realtor Bonus $7,500 !!! Bring contract! Spring Creek Estates has a small community environment. Great location to I-35, to commute to Austin area or Ft Hood. Luke Heath Homes provides custom home experience with Texas Style Living. Builder touches include, Framing 16" centers (means more wood in our homes)., Three tab dimensional shingles, with insulated garage doors and openers. Out door kitchen for family and friends to gather while enjoying the fenced in back yard with mature live oak trees on .784 acres or patio while sitting on the patio with ceiling fans installed. Large spacious living room has high ceilings and crown molding throughout and wood burning fireplace. Plank Flooring with waterproof seal with is scratch and stain resistance. The kitchen includes a center island with the breakfast bar that is rocked that opens up to the living area. Cabinets are custom and include upgraded granite. Double ovens, farm style sink, and a pot filler for the one who loves to cook. Second living area designed to use for a game room for entertainment or theater. Lighting provided by Texas Brite Ideas, Sherwin Williams Paint (High quality Stain_) Home is prewired for security and includes sod in the front yard.

Investor Tools

Property Icon
$728,000
Estimated Property Value
$379,688Estimated Mortgage Balance
$349,028Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,368 /month
Positive
Cash Flow Estimate:
$1,456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,154/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,204
$700,000
2025
$150,000
$550,000
$700,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,204
$700,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$415,000
No
First
Oct 13, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,688
$320,312
45%
52%
$2,489/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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8475 Spring Creek Loop | Property Details | No Agent List