$125,000

1450 Stone Russell Dr Salado, TX 76571

Estimated payment $838/month

Total Views 1,074
1.12 Acres
$111,408 Price per Acre
48,874 Sq Ft Lot

Highlights

  • Basketball Court
  • Gated Community
  • Home Security System
  • Salado High School Rated A-

About This Lot

Welcome to Mill Creek Meadows—an exclusive gated enclave in Salado offering serene, low-maintenance country living just minutes from I-35. This 1.12-acre lot presents an ideal blank-slate opportunity for your custom dream home. Tucked away in Phase II of the community, it features paved street frontage, HOA-managed common areas, and neighborhood security—all within Salado ISD’s top-rated schools.

With utilities available and no existing structures, the property allows full creative control—from swimming pools or outdoor kitchens. Enjoy the rolling Texas Hill Country surroundings without sacrificing convenience.

Listing Agent

Nancy Phillips

Compass Re Texas, Llc Brokerage Phone: (214) 814-8100 License #0790017 Listed on: 07/29/2025

Compass Re Texas, Llc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,946

Additional Features

  • 1.12 Acre Lot
  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 1 / B
  • Assessor Parcel Number 482314

Community Details

Overview

  • Property has a Home Owners Association
  • Mill Creek Meadows Ph II Subdivision

Security

  • Gated Community

Recreation

  • Basketball Court

Property Details

Property Type

Land

Est. Annual Taxes

$1,946

Lot Details

0

Listing Details

  • Directions: Exit I-35 at Exit 283 (FM 2115) Turn onto FM 2115, then keep left into Mill Creek Meadows gated subdivision Follow subdivision roads to Stone Russell Drive, past signage to Lot 1 (1450 Stone Russell)
  • Lot Size Acres: 1.122
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential,Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: City Street
  • Subdivision Name: Mill Creek Meadows Ph II
  • Water Body Name: None
  • Attribution Contact: (214) 814-8100
  • Special Features: None

Exterior Features

  • Fencing: None
  • Lot Features: 1-3 Acres
  • Other Structures: None
  • Property Condition: Resale
  • View: None
  • View: No
  • Waterfront: No

Utilities

  • Security: Gated Community, Security System
  • Sewer: Public Sewer, Septic Needed
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 750.0
  • Association: Yes
  • Community Features: Basketball Court, Gated

Schools

  • Junior High Dist: Salado ISD

Lot Info

  • Parcel #: 482314
  • Zoning Description: Salado

Tax Info

  • Tax Annual Amount: 1946.0
  • Tax Block: B
  • Tax Lot: 1
  • Tax Year: 2025

Map

Range of Values:

Collateral Analytics

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ICE

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $1,520 $120,720 $120,720 --
2024 $1,520 $94,327 $94,327 --
2023 $2,200 $139,781 $139,781 $0
2022 $1,729 $96,771 $96,771 $0
2021 $1,719 $95,305 $95,305 $0
2020 $1,833 $95,305 $95,305 $0
2019 $960 $57,183 $57,183 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 For Sale $125,000 0.0% --
10/22/2024 10/22/24 Sold -- -- --
10/12/2024 10/12/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $125,000 +92.3% --
04/15/2021 04/15/21 Sold -- -- --
03/16/2021 03/16/21 Pending -- -- --
10/21/2017 10/21/17 For Sale $65,000 -- --
Source: Central Texas MLS (CTXMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- First Community Title
Warranty Deed -- First Community Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,000 Construction
Source: Public Records

Source: Central Texas MLS (CTXMLS)

MLS Number: 587990

Central Texas MLS (CTXMLS)

APN: 482314