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.
Last updated on: 5/4/2024, 1:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$25K
Per Month
Principal & Interest
$24.9K
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
$15K
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.
Middle School
6
/10
Salado Junior High School
620 Thomas Arnold Rd
Distance between this listing and this school4.45 miles
Public District Grades 7-8
High School
6
/10
Salado High School
1880 Williams Rd
Distance between this listing and this school4.83 miles
Public District Grades 9-12
Nearby Schools
7
/10
Holland Elementary School
503 Crockett St
Distance between this listing and this school5.04 miles
Public District Grades PK-5
3
/10
Miller Heights Elementary School
1110 Fairway Dr
Distance between this listing and this school9.68 miles
Public District Grades PK-5
2
/10
Southwest Elementary School
611 Saunders St
Distance between this listing and this school10.12 miles
Public District Grades PK-5
Assigned Schools
6
/10
Salado Junior High School
620 Thomas Arnold Rd
Distance between this listing and this school4.45 miles
Public District Grades 7-8
Nearby Schools
8
/10
Holland Middle School
302 Hackberry Rd
Distance between this listing and this school5.16 miles
Public District Grades 6-8
3
/10
Jarrell Middle School
111 E Avenue E
Distance between this listing and this school8.77 miles
Public District Grades 6-8
Assigned Schools
6
/10
Salado High School
1880 Williams Rd
Distance between this listing and this school4.83 miles
Public District Grades 9-12
Nearby Schools
6
/10
Holland High School
100 South Rose Ln
Distance between this listing and this school5.12 miles
Public District Grades 9-12
4
/10
Bartlett School
404 North Robinson
Distance between this listing and this school8.60 miles
The neighbors living near this home have an average income of $41,985. Most Bell County, TX residents have annual incomes between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About TBD Fm 2268
What is the listing price of this property?
The listing price of TBD Fm 2268 property is $5,000,000.
What type of property is this?
The property TBD Fm 2268 is land located in Salado, Texas, 76571.
Is this property for sale now?
Active Listing: TBD Fm 2268 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for TBD Fm 2268 are: Salado Junior High School: GreatSchools Rating 6/10Salado High School: GreatSchools Rating 6/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at TBD Fm 2268 in Salado, TX and zip code 76571. This home sits on a 168.79 acre lot. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $5,000,000.
Bell County, TX housing market in April 2024 saw over 13 listings sold above listed price, more than 19 sold at listed price and over 28 sold below. Between March 2024 and April 2024, Bell County, TX real estate market has seen increase in the number of listings by 7.7%. While the average time on the market in April 2024 was 62 days, the median list price was $288,132.
From Rocket Homes Real Estate and based on county public records data.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
NASCAR
NASCAR
Hunting
Pro Wrestling
Dollar General
Wal-Mart
Dick's Sporting Goods
Hardee's
Texas Roadhouse
Cracker Barrel
GMC
Ram
Subaru
Classic Country
New Country
News/Talk/Information