NOT LISTED FOR SALE

996 Inka Rd Salado, TX 76571

Estimated Value: $97,259 - $485,000

1.2 Acres
$167,625 Price per Acre
52,185 Sq Ft Lot

Last Sold March 10, 2023

Current estimated payment $1,298/month

244 Days on Market

Highlights

  • Pond View
  • Salado High School Rated A-
  • Level Lot

About This Lot

As of March 2023

Build your dream home on the rural outskirts of the charming historic city of Salado. Allowed on the lots are site built homes with a minimum sq ft of 1800 and an attached 2 car garage. An additional bonus is that you can build a secondary dwelling/shop. This 1.2 acre lot shares a stock pond with its rear neighbor. Easy deed restrictions with 48 lots. New Schwertner water line installed underground and underground power to each lot. Septic needed. Enjoy high speed fiber internet through BEC communications. Part of a CUWCD.

No timeline to build, so bring your own builder!

Only a 15 minute drive to Georgetown, along with close access to Historic Downtown Salado activities and shopping. Salado ISD is a great district for any family. Just an arms reach away, Salado will charm you with its fine arts and beautiful outdoors and gardens. An historic hub that will win your heart like any great small town should do.

Last Agent to Sell the Property

Carolyn Abbott

All City Real Estate Ltd. Co License #0466605 Listed on: 06/16/2022

All City Real Estate Ltd. Co

Co-Listed By

Siena Abbott

All City Real Estate Ltd. Co License #0751406

Last Buyer's Agent

Ryan Hodge

First Texas Brokerage Company License #0470284

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,225

Lot Details

  • 1.2 Acre Lot
  • Level Lot

HOA Fees

  • $21 Monthly HOA Fees

Property Views

  • Pond
  • Rural

Schools

  • Thomas Arnold Elementary School
  • Salado Middle School
  • Salado High School

Utilities

  • Underground Utilities
  • Septic Needed

Community Details

  • Association fees include common area maintenance
  • $250 HOA Transfer Fee
  • The Overlook At Salado Property Owners Association
  • Overlook At Salado Subdivision
  • Mandatory home owners association
  • The community has rules related to building or community restrictions, deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 507317
  • 2% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$2,225

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Single Lot
  • Restrictions: Building Size, Deed Restrictions
  • Additional Parcels: No
  • Builder Restricted: Yes
  • Commercial: No
  • Directions: IH35, exit 280 Grainger / Hackberry Rd, right on CR 2115, left at your first Y, (Hackberry is hard to see), stay on Hackberry & subdivision is down on right past 795 Hackberry (Enter into GPS 795 Hackberry Rd, Salado subdivision - entrance is next on right - GPS recognizes "The Overlook At Salado" - at entrance take first left and follow to back of subdivision. Beautiful custom homes being built.)
  • Disclosures: See Remarks
  • Estimated Taxes: 2264.22
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Mineral: None
  • Other Contingency Types: Financing
  • Other Structures: None
  • Road Surface Type: PVD
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • View: Pond, Rural

Exterior Features

  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available, Other, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Annually
  • Association Fee: 250.00

Association/Amenities

  • Association Name: THE OVERLOOK AT SALADO PROPERTY OWNERS ASSOCIATION
  • Requirement: Mandatory
  • Association Transfer Fee: 250
  • Association: Yes
  • Community Features: None

Schools

  • School District: Salado ISD
  • School District: Salado ISD
  • Elementary School: Thomas Arnold
  • Middle School: Salado
  • High School: Salado
  • Elementary School: Thomas Arnold
  • High School: Salado
  • Middle/Junior School: Salado

Lot Info

  • Lot Features: Level
  • Parcel Number: 507317
  • Lot Size Acres: 1.1980
  • Lot Size Sq Ft: 52184.88
  • Subdivision Name: Overlook At Salado
  • Surface Water: No

Building Info

  • New Construction: No

Tax Info

  • Tax Rate: 1.80000000000000
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Mar 10, 2023
Sold by
Sexton Robert
Bought by
Rhea Jennifer and Rhea Kyle
Seller's Agent
Carolyn Abbott
All City Real Estate Ltd. Co
Buyer's Agent
Ryan Hodge
First Texas Brokerage Company
List Price
$129,900
Views
49
Current Estimated Value
$200,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.70%
Original Mortgage
$78,400
Outstanding Balance
$69,488
Interest Rate
5.17%
Mortgage Type
New Conventional
Estimated Equity
$131,327
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Rhea Jennifer -- First Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhea Jennifer $78,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold -- -- --
02/15/2023 02/15/23 Pending -- -- --
01/17/2023 01/17/23 Price Changed $109,900 -8.3% --
08/06/2022 08/06/22 Price Changed $119,900 -7.7% --
06/16/2022 06/16/22 For Sale $129,900 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

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 $2,225 $137,022 $137,022 --
2024 $2,225 $138,019 $138,019 --
2023 $2,169 $137,770 $137,770 $0
2022 $2,247 $125,790 $125,790 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5904751

Unlock MLS (Austin Board of REALTORS®)

APN: 507317