tomo logo

$1,088,888

Beds
4
Baths
2.5
sq ft
2,876

1187 Indian Pass, Salado, TX 76571

1187 Indian Pass

Salado, TX 76571

  • 251 days on market
    • Price drop $112↓
Don’t miss this rare opportunity to make your French Country Estate style dream a luxury reality. Designed by Southern Living, this 5 acre fully fenced in estate has it all with a low tax rate. Sought after craftsman builder Delton Stuckly Homes has done it again with exquisite finishes and attention to detail around every corner. Enter through your own private automatic gate. Front and back yard are both fenced, have automatic sprinkler system, entire lot is graded, cleared and fully usable to make your pool and shop goals come to life. Always wanted a horse property? Well now is your chance. 2 horses allowed for this 5 acre homestead. With over 1K square feet of covered porch space, a front porch fireplace, beautiful architectural detailing truly make this home one-of-a-kind. 3rd car garage bay is air conditioned allowing for an additional flex space. The 8.1 kW solar power system is owned and PAID IN FULL. Inside you’re welcomed with 10-12’ ceilings, Restoration Hardware throughout, fully upgraded quartz countertops, European white oaks floors, abundant storage off foyer and throughout the home, picture frame doorways, mahogany exterior doors and an ample amount of windows to let ton’s of natural light in. The kitchen features a counter to ceiling marble backsplash, 5 burner gas cooktop, double oven, Electrolux counter depth fridge/freezer, under mount cabinet lighting and apron front sink. The primary bath is a retreat all on its own. Here’s you’ll find double quartz vanities, designer lighting, large walk in shower and a primary closet that includes a secret hide-away space. This flex space includes a mirrored front door that with extra shelving behind the door and beyond that is a large flex space. The living area includes cedar beams accenting the soaring ceilings, wood burning fireplace, a butler’s station with wine fridge, oversized pantry and a built-in desk area. This beauty is sure to be your forever home!

Details

Property type

Single Family Residence

Est. home value

$895,181

Lot size

5.00 acres

Price per sq ft

$379

Year built

2017

Annual property taxes

$15,549

Monthly HOA fee

$17

Price History

07/25/2024
CentralTexas

CentralTexas #540553

Price change
$1,088,888
-0.01%
05/09/2024
CentralTexas

CentralTexas #540553

Price change
$1,089,000
-0.09%
04/18/2024
CentralTexas

CentralTexas #540553

Listed
$1,090,000

Schools & Community

Elementary school: 

Thomas Arnold Elementary

Middle school: 

Salado Junior High School

High school: 

Salado High School

Community features: 

Park, Tennis Court(s)

High school district: 

Salado ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$88,173
Asking price
$1,088,888
Closing costs (~8% of asking)
-$87,111
Est. remaining loan balance
-$913,604
Cash to seller
$88,173

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Success Mortgage Partners Inc

Loan start date

June 2022

Original loan amount

$950,000

Est. remaining balance

$913,604

Interest rate

5%

Loan type

VA, 30 year

Seller

Jeffery Dawson and Emily Dawson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/24/2024 at 9:05 PM

Listing updated: 11/27/2024 at 12:24 AM

Listed by: Mandi Weller, Magnolia Realty Phone #: (254) 218-5940

MLS: CentralTexas #540553

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