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$1,247,000

913 Southridge RD, Salado, TX, 76571

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths5,631 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.45 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Bar Fridge, Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Electric Cooktop, Electric Range, Exhaust Fan, Ice Maker, Microwave, Electric Oven, Double Oven, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Electric Water Heater, Water Softener, Wine Refrigerator
FlooringCarpet, Concrete, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Balcony, Lighting, RV Hookup
Lot Size27,530 sqft

Building Information

Year Built2001
Stories3
Roof Type112
Garage Spaces4

Land Information

APN58276
SubdivisionG F Lankford
Land UseResidential
Legal DescriptionA0510BC G F LANKFORD, 103, 2 TRACTS, ACRES .632 103, 2 TRACTS,
Census Tract023405
Assessed Land Value$92,776
Assessed Improvement Value$1,211,504
Assessment Year2025

About this property

RARE SALADO PROPERTY built for VIEWS ON ALL LEVELS! Property includes a Main House with over 5,600sf on THREE LEVELS PLUS a separate 950sf workshop/studio AND 200sf GUEST CABIN. Main level GREAT ROOM is lined with windows and French doors, has scraped-wood custom flooring, beamed ceiling and opens to FULL COVERED BALCONY. GRAND KITCHEN has quartz and granite counters, custom cabinetry and lighting, DOUBLE OVENS and GAS cooktop all framed by VIEWS through the room-length PICTURE WINDOW. Large Primary suite on MAIN level has jetted tub, customized closet system and endless counter space. SECOND LEVEL has 2 beds with EN-SUITE baths and a COVERED BALCONY for MORE VIEWS off bedroom 2. BASEMENT LEVEL has a full BAR AND KITCHEN, WINE CELLAR, giant living/game room, SECOND FIREPLACE, full 4th bedroom with built-in desk and shelves and FULL 4th bathroom. AMAZING OUTDOOR LIVING access and VIEWS are from the basement level and lead to POOL/PATIO area. OVER HALF-ACRE Lot on the MILL CREEK GOLF COURSE. Golf Cart in minutes to Downtown Salado, Golf Club and Driving Range. 40 min from Austin; 30 min from Georgetown. No HOA.

Investor Tools

$92,683Estimated Mortgage Balance
$1,193,483Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,717 /month
Positive
Cash Flow Estimate:
$2,572 /month

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NANCY BEST REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,909/month
$48/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,483
$1,286,166
2025
$92,776
$1,211,504
$1,304,280
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$16,483
$1,286,166

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Credit Line (Revolving) / Heloc
$100,000
No
First
Jul 15, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,683
$1,193,483
92%
7%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$648/mo
+$1,332/mo
1.8%

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.

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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913 Southridge RD | Property Details | No Agent List