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$342,000

NAL Estimated Property Value

9787 Norwood Drive, Salado, TX, 76571

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,456 Sq Ft
price_per_sqft$205.36 / sqft
Year BuiltBuilt in 2014

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range, Electric Water Heater, Water Heater
FlooringLaminate

Exterior

Lot Size1.19 acres

Building Information

Year Built2014
Stories1

Land Information

APN331184
SubdivisionE Brewer
Land UseResidential
Legal DescriptionA0061BC E BREWER, 7-3-4, ACRES 1.19, SN1 BEL001779TXA; LABEL# NTA1641466, TITLE # MH00555025 7-3-4,
Census Tract023406
Assessed Land Value$100,020
Assessed Improvement Value$32,571
Assessment Year2025

About this property

Welcome to Norwood Drive in SALADO, TX! Snag this affordable property in Salado ISD with no restrictions and no HOA on a private street with no thru-traffic. On this 1-acre lot sits a 2014 single owner double-wide mobile home in good condition with 3 beds and 2 baths, front porch and carport. Enjoy peaceful living on this quiet street, away from the busy-ness of town, but be minutes away from local amenities. This property is located just a few minutes from Salado high school and outside of city limits - such a great spot! Behind the home you'll find, a nice level grassed field area to enjoy the outdoors and recreate with your family. Home is on Salado Water Supply & septic. Buyer and buyer's agent to verify all details. Information deemed reliable but not guaranteed.

Investor Tools

Property Icon
$342,000
Estimated Property Value
$80,810Estimated Mortgage Balance
$261,190Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,052 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$482
$132,591
2025
$100,020
$32,571
$132,591
No

Tax History

Year
Tax Paid
Assessed Value
2024
$482
$132,591

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Stage Funding Llc
Fha
$100,413
Yes
First
Jan 26, 2017
Feb 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$80,810
$261,190
76%
24%
$603/mo

City: Salado

9787 Norwood Drive | Property Details | No Agent List