$5,000,000
UNDER CONTRACT

TBD Fm 2268 Dr Salado, TX 76571

Estimated payment $27,770/month

Total Views 2,119
169 Acres
$29,622 Price per Acre
7,352,667 Sq Ft Lot

Highlights

  • Lake Front
  • 168.79 Acre Lot
  • Level Lot
  • Salado High School Rated A-
  • Pasture

About This Lot

Located one mile east of I-35, this expansive 168+ acre property is a prime prospect for development. Near downtown Salado this property has an agricultural tax exemption and no known restrictions. You have an impressive 80 feet of elevation change, from the stocked 10+ acre lake to the elevated southeastern corner with diverse recreational spaces including mature woods and hay pastures,. Electricity and a water meter are already in place, running to the abandoned manufactured home on the property. This is a plus for future development. 1200 feet of frontage on FM 2268, which is a plus for accessibility at multiple points. Salado, a unique Texas city celebrated for its art, history, and culture, is a sought-after tourist destination. Located just an hour from the Austin Airport, this property is well positioned for those seeking a harmonious blend of rural serenity and urban accessibility. Seize this opportunity to be a part of the growth and development in this extraordinary region.

Listing Agent

Chad Smith

Realty Of America, LLC Brokerage Phone: 888-519-7431 License #0523001 Listed on: 04/22/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $914

Lot Details

  • 168.79 Acre Lot
  • Lake Front
  • Barbed Wire
  • Level Lot

Schools

  • Arnold Elementary School
  • Salado High School

Farming

  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 47842

Property Details

Property Type

Land

Est. Annual Taxes

$914

Lot Details

0

Listing Details

  • OWNERNAME: See MLS Attachment
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Attribution Contact: 888-519-7431,817 264 6621
  • Co List Office Mls Id: XPTY04
  • Co List Office Phone: 888-519-7431
  • Co List Office Mls Id: AR3551
  • Special Features: 4224

Exterior Features

  • Fencing: Barbed Wire
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Available, Water Available

Association/Amenities

  • DevelopmentStatus: Streets Installed

Schools

  • Elementary School: Arnold
  • High School: Salado
  • Junior High Dist: Salado ISD

Lot Info

  • PossibleUse: Agricultural, Cattle, Development, Horses, Industrial, Investment, Pasture, Place of Worship, Ranch, Residential, Subdevelopment
  • Lot Features: Acreage, Level, Pasture, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 168.794
  • Parcel Number: 47842
  • Lot Size Acres: 168.794
  • Lot Size Sq Ft: 7352666.64
  • Zoning Description: none
  • Present Use: Agricultural

Tax Info

  • Tax Annual Amount: 914.0

Multi Family

  • WaterfrontFeatures: Lake Front, Waterfront

Map

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

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $5,000,000 0.0% --
01/20/2025 01/20/25 Pending -- -- --
01/20/2025 01/20/25 For Sale $5,000,000 0.0% --
01/17/2025 01/17/25 Off Market -- -- --
10/22/2024 10/22/24 Pending -- -- --
10/17/2024 10/17/24 Off Market -- -- --
06/13/2024 06/13/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $5,000,000 +81.8% --
12/28/2023 12/28/23 For Sale $2,750,000 -13.1% --
12/05/2023 12/05/23 Off Market -- -- --
04/05/2023 04/05/23 Price Changed $3,163,671 -10.9% --
05/27/2022 05/27/22 For Sale $3,550,000 +4633.3% --
06/04/2021 06/04/21 Sold -- -- --
05/05/2021 05/05/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $75,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20594657

North Texas Real Estate Information Systems (NTREIS)