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$695,000

15024 Armstrong Estates, Salado, TX, 76571

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,560 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$271.48 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Range, Disposal, Gas Water Heater, Multiple Water Heaters, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Wine Refrigerator
FlooringCeramic Tile, Luxury Vinyl Plank

Exterior

Exterior FeaturesCovered Patio, Porch, Rain Gutters, Propane Tank Owned
Lot Size30,492 sqft

Building Information

Garage Spaces3

Land Information

APN507061
Lot Number5
SubdivisionArmstrong Estates Phase 2
Land UseVacant Land
Legal DescriptionARMSTRONG ESTATES PHASE 2, BLOCK 003, LOT 0005, ACRES .700
Census Tract023404
Assessed Land Value$85,073
Assessment Year2026

About this property

This move-in-ready custom home built in 2026 is located just south of Salado with convenient access to I-35. Offering 3 bedrooms, 2 full bathrooms and 1 half bathroom, the home features an open floor plan, 10-foot ceilings and 8-foot doors. The bright living area includes ceiling beams and a fan, while two fireplaces have gas connections for logs or starters. Stainless steel appliances, an exterior-vented hood and an oversized walk-in pantry complement the kitchen. The primary suite includes a spacious walk-in closet, a long double-sink vanity and a walk-through shower with two showerheads and two entry doors. A Jack-and-Jill bathroom connects the two secondary bedrooms, and the study features built-in shelves. Additional features include two gas tankless water heaters, a laundry room with a sink and counter space, a mud tree near the garage entry and a three-car garage with a storage closet and door openers. A concrete driveway, lawn sprinkler system and Ring doorbell complete the property. View Today!

Investor Tools

$446,078Estimated Mortgage Balance
$168,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

Interested in this property?

Hulona Millsaps

ERA Brokers Consolidated

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$176/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,278
$85,073
2026
$85,073
N/A
$85,073
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,278
$85,073

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank Central Texas
Open End Mortgage / Open End With Future Advance Clause
$450,000
No
First
Apr 17, 2026
Apr 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$446,078
N/A
0%
266%
$2,698/mo

City: Salado

15024 Armstrong Estates | Property Details | No Agent List