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    1450 Stone Russell Dr, Unit 1 Salado, TX 76571

    For Sale
    $120,000

    LAND - Salado, TX

    Lot size:
    1.12 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 1450 Stone Russell Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security
    APN
    482314
    Lot size
    1.12 Acres

    Utilities

    Sewer type
    Public Sewer, Septic Needed
    Water source
    Public

    Compass RE Texas, LLC (512) 575-3644

    Listing agent Nancy Phillips (214) 814-8100 License #0790017

    Listing date Nov 6, 2025

    MLS# 587990 Listing URL

    Copyright © 2025 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.

    Overview

    Salado, TX Land Opportunity

    Located in Mill Creek Meadows, an exclusive gated community in Salado, this 1.12-acre lot offers country living with convenient access to I-35. Situated in Phase II of the community, the property is a blank slate for a custom dream home. It features paved street frontage and access to HOA-managed common areas, and neighborhood security. Utilities are available. The property is located within the Salado ISD's top-rated schools. The lot allows for creative control, including the option for swimming pools or outdoor kitchens. The property is surrounded by the rolling Texas Hill Country.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Daycare Center Auto Repair Shop Storage Facility Plumbing Service Pet Grooming Service Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Salado
    County
    Bell
    State
    Texas
    Longitude
    -97.500569
    Latitude
    30.95432

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    FAQs

    What type of property is this?
    Land - 1.12-acre lot in gated Salado community, ready for custom build.
    Where is this land located?
    The property is located at 1450 Stone Russell Dr, Unit 1 Salado, TX.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Gated community in Salado; - 1.12-acre lot for custom home; - Low-maintenance country living
    (214) 814-8100
    Request Owner's contact information
    1450 Stone Russell Dr, Unit 1 Salado, TX 76571
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    Salado, TX 76571
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    Realmo Value Estimation

    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.

    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.

    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
    1450 Stone Russell Dr, Unit 1 Salado, TX 76571
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