StatusAccepting Backup Offers (Active Under Contract)
About 716 Center Cir
**MOTIVATED SELLERS-WILLING TO REVIEW ALL REASONABLE OFFERS**Calling all Investors searching for the opportunity of a lifetime in the Historic District of Salado, TX on 1.38 acres! THE LOCATION, across the street from Alexander’s, steps to Barrows Brewery, The Shed, the River, spas, boutiques, and countless restaurants and bars. This home represents an excellent chance to add to the portfolio or for those looking to add passive income. The home is zoned residential or Bed and Breakfast per the Salado Historic Records. This property offers the flexibility to become a single-family residence with a lot of potential on 1.38 acres, 6 bedrooms each with full bathrooms, an additional half bathroom, and massive living areas, perfect for a family looking to live an active life in downtown historic Salado. The home currently features three independent living areas. What a great town and location to call home! The property's proximity to major highways provides convenient commuting options to nearby cities, schools, and employers. Invest in the thriving real estate market of Salado, TX, and capitalize on the growing demand for bed and breakfast properties in this desirable area. Don't miss out on this great investment opportunity and be a part of this great community!
Property Details
Property Features
Property Information:
Year Built: 1965
Stories: 2
Living Area: 3,379 SqFt
Listing Office:
Office Name: Comfort Realty LLC
Office Phone: (512) 791-7990
Listing Agent: Kelly Hamilton
Interior Features
Interior Information:
Appliances: Dishwasher, Exhaust Fan, Electric Range, Disposal, Microwave, Refrigerator
This property is $22.6K less than the Median Sold Price and $64/SqFt less than other homes in Salado, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ACTRIS
MLS Number: #8280651
Listing Office:
Office Name: Comfort Realty LLC
Office Phone: (512) 791-7990
Listing Agent: Kelly Hamilton
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$6,427
$310,000
2020
$6,427
$275,000
2019
$5,811
$256,299
2018
$5,812
$252,000
2017
$5,222
$235,755
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,812
Per Month
Principal & Interest
$2,745
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,715
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Thomas Arnold Elementary School
550 Thomas Arnold Rd
Distance between this listing and this school0.72 miles
Public District Grades PK-5
3
/10
Chisholm Trail Elementary School
1082 S Wheat Rd
Distance between this listing and this school7.90 miles
Public District Grades KG-5
2
/10
Miller Heights Elementary School
1110 Fairway Dr
Distance between this listing and this school8.14 miles
Public District Grades KG-5
Nearby Schools
5
/10
Salado Junior High School
1169 Williams Rd
Distance between this listing and this school1.18 miles
Public District Grades 7-8
3
/10
South Belton Middle School
805 Sage Brush
Distance between this listing and this school8.06 miles
Public District Grades 6-8
8
/10
Holland Middle School
302 Hackberry Rd
Distance between this listing and this school8.51 miles
Public District Grades 6-8
Nearby Schools
7
/10
Salado High School
1880 Williams Rd
Distance between this listing and this school1.56 miles
Public District Grades 9-12
1
/10
Cedar Crest
3500 Interstate 35 Frontage Rd
Distance between this listing and this school6.19 miles
Public Charter Grades 6-12
8
/10
Holland High School
100 S Rose Ln
Distance between this listing and this school8.47 miles
The neighbors living near this home have an average income of $88,158. Most Salado, TX residents have annual incomes between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
This home is located at 716 Center Cir in Salado, TX and zip code 76571 in the Royal Oaks neighborhood. This 3,379 square foot home, which was built in 1965, sits on a 1.38 acre lot. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $549,900.
Over 1 listings were sold over their listed price in October 2024 in Salado, TX. In the same period over 3 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Salado, TX between September 2024 and October 2024 increased by 3.2%. In October 2024 median list price was $572,500 and the average listing age was 60 days.
From Rocket Homes Real Estate and based on county public records data.