$75,000
SOLD FEB 10, 2021
Last list price

1402 Stone Russell Dr Salado, TX 76571

1.67 Acres
$44,910 Price per Acre
72,745 Sq Ft Lot

Recently Sold

1,177 Days on Market

About This Lot

As of September 2024

Welcome to Salado's newest subdivision in the heart of Mill Creek! This gated subdivision offers lots ranging from .5-1.5 acres with your own private community park. Mature trees, golf course, and open lots make this subdivision a triple threat. It is sure to have the perfect spot to build your dream home!

Last Agent to Sell the Property

Ryan Hodge

First Texas Brokerage Company License #0470284 Listed on: 10/21/2017

Last Buyer's Agent

Ryan Hodge

First Texas Brokerage Company License #0470284 Listed on: 10/21/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,095

Lot Details

  • 1.67 Acre Lot
  • On Golf Course
  • Possible uses of the property include Residential

HOA Fees

  • $63 Monthly HOA Fees

Schools

  • Thomas Arnold Elementary School
  • Salado Intermediate School
  • Salado High School

Utilities

  • Septic Needed

Community Details

  • Mill Creek Meadows Association
  • Mill Creek Meadows Phase Ii Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / C

Property Details

Property Type

Land

Est. Annual Taxes

$2,095

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Architectural Style: None
  • Directions: Follow Hester Way to Ambrose Dr. Turn right on Ambrose Dr and follow to subdivision entrance.
  • Lot Size Acres: 1.67
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential,Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: City Street
  • Subdivision Name: Mill Creek Meadows Phase II
  • Water Body Name: None
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Disclosures: Deed Restriction
  • Fencing: None
  • Lot Features: On Golf Course, Open Lot
  • Other Structures: None
  • View: None
  • View: No
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association Name: Mill Creek Meadows
  • Community Features: Park

Schools

  • Elementary School: Thomas Arnold Elementary
  • High School: Salado High School
  • Junior High Dist: Salado ISD
  • Middle Or Junior School: Salado Intermediate School

Lot Info

  • Parcel #: 0000
  • Zoning Description: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: C
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Sep 13, 2024
Sold by
Legacy Group Development Llc
Bought by
7Cs Real Estate Development Llc
Seller's Agent
Jodie Nobles
Noble, Realtors
Buyer's Agent
Alexis Denegal
Prolific Realty
List Price
$125,250
Sold Price
$12,000
Premium/Discount to List
-$113,250
-90.42%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9682.31%
Original Mortgage
$511,775
Outstanding Balance
$508,732
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$138,210

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jul 9, 2024
Sold by
Jodie Nobles Real Estate Inc
Bought by
Legacy Group Development Llc
Seller's Agent
Jodie Nobles
Noble, Realtors
Buyer's Agent
Alexis Denegal
Prolific Realty
List Price
$125,250
Sold Price
$12,000
Premium/Discount to List
-$113,250
-90.42%
Views
16

Purchase Details

Closed on
Mar 3, 2023
Sold by
Neal Jody L and Neal Sharita L
Bought by
Jodie Nobles Real Estate Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,175
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2017
Closed on
Feb 10, 2021
Sold by
Mh Salado Property Llc
Bought by
Neal Jody L and Neal Sharita L
Seller's Agent
Ryan Hodge
First Texas Brokerage Company
Buyer's Agent
Ryan Hodge
First Texas Brokerage Company
List Price
$75,000
Sold Price
$73,000
Premium/Discount to List
-$2,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.46%
Original Mortgage
$43,000
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Texas Lone Star Title
Warranty Deed -- Texas Lone Star Title
Deed -- Monteith Abstract & Title
Vendors Lien -- First Community Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $511,775 New Conventional
Previous Owner $95,175 New Conventional
Previous Owner $43,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Price Changed $823,000 -3.6% $275 / Sq Ft
05/02/2025 05/02/25 For Sale $853,575 +581.5% $285 / Sq Ft
09/02/2024 09/02/24 Sold -- -- --
06/11/2024 06/11/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $125,250 +67.0% --
02/10/2021 02/10/21 Sold -- -- --
01/11/2021 01/11/21 Pending -- -- --
10/21/2017 10/21/17 For Sale $75,000 -- --
Source: Central Texas MLS (CTXMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,095 $129,980 $129,980 --
2023 $2,183 $138,694 $138,694 $0
2022 $2,400 $134,337 $134,337 $0
2021 $1,352 $75,000 $75,000 $0
2020 $1,443 $75,000 $75,000 $0
2019 $1,265 $75,374 $75,374 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 327085

Central Texas MLS (CTXMLS)

APN: 482322