Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Land in Salado, Texas Title is generated by Realmo AI

    1014 Inka Road lot 0015, Salado, TX 76571

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $199,000

    LAND - Salado, TX

    Lot size:
    1.82 Acres
    Added:
    Jan 19, 2026
    Days on Market:
    119
    Last Refresh:
    May 18 at 10:06 pm

    Property Features for 1014 Inka Road lot 0015

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    507320
    Lot size
    1.82 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    Overlook At Salado , Block 001, Lot 0015, Acres 1.820

    Utilities

    Sewer type
    Septic Needed, Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Jackie Collins

    Listing agent Jackie Collins License #0573004

    Listing office The Foxx Real Estate Group-ARG 127 Lake Road Ste 205, TX

    Listing date Jan 19, 2026

    MLS# 602288 Listing URL

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.820 acre lot
    • Minutes from I‑35
    • Minutes from downtown Salado
    • Choose your own builder
    • Salado ISD
    • Public Water Source

    Overview

    This 1.820-acre lot is located in Salado, Texas, and is zoned for residential use. Situated minutes from I-35 and downtown Salado, the property offers a country setting within close proximity to urban amenities. Prospective buyers have the freedom to select their own builder. The property is located within the Salado Independent School District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salado
    County
    Bell
    State
    Texas
    Longitude
    -97.548522
    Latitude
    30.882618

    Nearby Similar for Sale

    • $1,500,000
      2,800 SF

      Salado Commercial Opportunity For Sale

      Commercial property in Salado with house and two barns.
      1039 Fm 2268, Salado, TX 76571
      View Details
    • $1,250,000
      3,295 SF

      Historic Salado Mixed-Use Investment Property

      Income-generating property in the heart of Salado's historic village.
      209 S Main Street, Salado, TX 76571
      View Details
    • $1,179,000
      1,384 SF

      Prime Salado Land For Sale

      13-acre tract in Salado, ideal for commercial or development.
      5935 Fm 2484, Salado, TX 76571
      View Details
    • $900,000
      446,925 SF

      Commercial Acreage on FM 2484

      10.26+- Acres on high traffic FM 2484 near IH-35.
      5542 Fm 2484, Salado, TX 76571
      View Details
    • $900,000
      2,080 SF

      Commercial Acreage on FM 2484

      10.26+- Acres on high traffic FM 2484 near IH-35.
      5542 Fm 2484, Salado, TX 76571
      View Details
    • $350,000
      5,000 SF

      New Hangar with Customizable Space

      New hangar with unfinished space in Salado Airport Airpark.
      15850 Salado Airport Road, Salado, TX 76571
      View Details
    • $1,500,000

      Versatile Land in Salado, TX

      7.66 acres ideal for mixed-use, live-work, or commercial development.
      1039 Fm 2268, Salado, TX 76571
      View Details
    • $450,000

      Salado, TX Homesite Acreage

      5+ acre homesite in Salado, build your dream home.
      2682 Royal Street, Salado, TX 76571
      View Details
    • $1,873,300
      1,380 SF

      Lakeside Ranch with Historical Significance

      34-acre lakeside property with Chisholm Trail history in Salado, TX.
      8520 Brewer Lane, Salado, TX 76571
      View Details
    • $750,000
      500 SF

      28 Acres in Salado, TX

      28 acres with creek, building, and utilities in Salado ISD.
      14450 FM 2843, Salado, TX 76571
      View Details
    • $95,000

      Build-Ready Lots in Salado, TX

      Ready-to-build lots near Salado with utilities and flexible design options.
      TBD - Lot 24 Armstrong Loop lot: 24, Salado, TX 76571
      View Details
    • $95,000

      Build-Ready Lots in Salado, TX

      Five lots ready for custom homes near Salado, Texas.
      TBD - Lot 25 Armstrong Loop lot: 25, Salado, TX 76571
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.82 acre country lot near I-35 and downtown Salado.
    Where is this residential land & home lot located?
    The property is located at 1014 Inka Road lot 0015 Salado, TX.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: 1.820 acre lot; Minutes from I‑35; Minutes from downtown Salado
    (254) 493-7316
    We can help!
    Listing Contact
    Jackie Collins
    Real Estate License ID: 0573004
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1014 Inka Road lot: 0015, Salado, TX 76571
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!