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$110,000

NAL Estimated Property Value

TBD - Lot 23 Armstrong Estates, Salado, TX, 76571

Off MarketInfo

About this property

Five build-ready lots from 0.50 to 0.78 acres, perfect for buyers planning a custom stick-built home or barndominium. Water and electric are already on site—skip the infrastructure headaches and start building sooner. Light restrictions and no HOA mean you have the flexibility to design the structure that fits your lifestyle, whether that's a traditional Hill Country home, a modern metal building, or a hybrid barndo with all the finishes. Animals are permitted per restrictions, so bring the horses, goats, or chickens. Each lot offers unobstructed views of surrounding farmland—exactly the open sky and breathing room that draws buyers to this part of Texas. Located roughly 5 miles from downtown Salado and just 4 miles from I-35, you get small-town charm and easy access to Temple, Belton, and the Austin metro. Salado ISD. No city taxes. Country living without the commute. Buyer and buyer's agent to verify all restrictions, utilities, and permitted uses.

Investor Tools

Property Icon
$110,000
Estimated Property Value
$0Estimated Mortgage Balance
$110,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$660 /month
Positive
Cash Flow Estimate:
$220 /month

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Financing Details

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

City: Salado