$85,000
SOLD OCT 16, 2024
Last list price

5113 Hollow Dr Salado, TX 76571

0.5 Acre
$169,323 Price per Acre
21,867 Sq Ft Lot

Recently Sold

78 Days on Market

About This Lot

As of October 2024

Excellent lot in the Hollow Ranch neighborhood conveniently located close to Salado schools, downtown Salado, and I-35. This HOA allows for workshops- perfect spot to build your dream home!

Last Agent to Sell the Property

Ryan Hodge

First Texas Brokerage Company Brokerage Phone: 254-947-5577 License #0470284 Listed on: 07/03/2024

Last Buyer's Agent

Taylor Colwell

Anchor Realty License #0715529

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,653

Additional Features

  • 0.5 Acre Lot
  • Septic Needed

Community Details

  • Property has a Home Owners Association
  • Hollow Ranch Association
  • Hollow Ranch Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Assessor Parcel Number 498198

Property Details

Property Type

Land

Est. Annual Taxes

$1,653

Lot Details

0

Listing Details

  • Directions: 2484- 1670- go a mile & turn right into Hollow ranch. Lot will be on your as you come into the subdivision.
  • Lot Size Acres: 0.502
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential,Unimproved Land
  • Prop. Type: Land
  • Road Surface Type: None
  • Subdivision Name: Hollow Ranch
  • Water Body Name: None
  • Attribution Contact: 254-947-5577
  • Special Features: None

Exterior Features

  • Fencing: None
  • Lot Features: 1/4 to 1/2 Acre Lot, 1/2 to 1 Acre Lot
  • Other Structures: None
  • Property Condition: Resale
  • View: None
  • View: No
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Utilities: None
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Association Name: Hollow Ranch
  • Association: Yes
  • Community Features: None

Schools

  • Junior High Dist: Salado ISD

Lot Info

  • Parcel #: 498198
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1653.0
  • Tax Block: 1
  • Tax Lot: 3
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2025
Sold by
Omicron Custom Homes Llc
Bought by
Weiand James Valentine and Weiand Katja Christine
Current Estimated Value
$90,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,157
Outstanding Balance
$533,334
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
-$443,001

Purchase Details

Listed on
Jul 3, 2024
Closed on
Oct 16, 2024
Sold by
Taylor Randal W
Bought by
Omicron Custom Homes Llc
Seller's Agent
Ryan Hodge
First Texas Brokerage Company
Buyer's Agent
Taylor Colwell
Anchor Realty
List Price
$85,000
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$414,000
Interest Rate
6.35%
Mortgage Type
Construction
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
Deed -- First Community Title
Deed -- First Community Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $535,157 VA
Previous Owner $414,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold -- -- --
09/20/2024 09/20/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $85,000 -- --
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
2025 $967 $300,080 $105,000 $195,080
2024 $967 $84,000 $84,000 --
2023 $787 $50,000 $50,000 $0
2022 $893 $50,000 $50,000 $0
2021 $721 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 548038

Central Texas MLS (CTXMLS)

APN: 498198